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The Profit-seekers

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Economics
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Abstract

One of the distinguishing features of capitalism, as we have just noted: is its instability. Another is the paradox of deprived people co-existing with unsaleable goods. A third is its cumulative concentration of productive power in giant corporations. This is not a new phenomenon — the Anti-Trust Act was passed in the United States in 1890, promoted by John Sherman, a Republican senator.

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© 1984 Guy Routh

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Routh, G. (1984). The Profit-seekers. In: Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17348-8_6

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