Monopoly and free enterprise / by George W. Stocking and Myron W. Watkins.

By: Contributor(s): Material type: TextTextSeries: Survey of international cartels and domestic monopoly | Survey of international cartels and domestic monopolyPublication details: New York : Twentieth Century Fund, 1951.Description: xv, 596 pages ; 24 cmSubject(s): LOC classification:
  • HD 2731 .S765 1951
Contents:
1. The significance of economic organization -- 2. The changing structure of the American economy -- 3. Basic factors in industrial concentration -- 4. Competition in markets of few sellers: the theory -- 5. Imperfect competition in practice -- 6. Price leadership -- 7. Basing point pricing and monopoly -- 8. Trade associations and competition -- 9.Antitrust policy and the eclipse of competition -- 10. Trade practices and the decline of competition -- 11. Trade practice regulation -- 12. Policies bearing indirectly on competition -- 13. Incorporation policy and industrial concentration -- 14. Patents and monopoly -- 15. Past, present, and future of competition -- 16. A program to promote competition (report of the Committee on Cartels and Monopoly)
Review: "...a description of the structures of the American economy and the ways in which effective competition has been limited by business practice and legislation. The authors of this study had four major objectives: first to relate the concentration of economic power to the theory. practice. and future of "free enterprise"; second, to show "how the free play of competitive forces has actually been limited by American business concerns and, in certain fields, by legislation"; third, to assess the economic and social effects of these developments; and fourth, to analyze governmental action which either curbs or sanctions monopolistic practices. The authors are ardent advocates of free, private enterprise. Their basic assumption, at least by implication, is the unique relationship between private enterprise and democratic society, They argue that a democratic society can afford to entrust to private enterprise the basic economic functions of allocating resources, organizing production, distributing income, and promoting technological progress, only if private enterprise is genuinely free and competitive. The fundamental issue of economic organization in the United States is said to be between "more or less governmental control."" --From American Political Science Review.
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Item type Current library Collection Call number Status Notes Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks The Karl H. Niebyl Collection HD 2731 .S765 1951 (Browse shelf(Opens below)) Not For Loan writing NPML19090031
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HD 83 .B434 1959 Studies in the theory of planning / HD 85 .D8 T513 1967 Development planning / HD 175 .R6 1942 Lenin on the agrarian question / HD 2731 .S765 1951 Monopoly and free enterprise / HD 4813 .S73 1944 World economic development : HD 4854 .M6713 1980 The working class and its allies / HD 6300 .P56 1980 Birds of passage :

With the report and recommendations of the Committee on Cartels and Monopoly.

Includes table of cases (pages 573-581) and index.

1. The significance of economic organization -- 2. The changing structure of the American economy -- 3. Basic factors in industrial concentration -- 4. Competition in markets of few sellers: the theory -- 5. Imperfect competition in practice -- 6. Price leadership -- 7. Basing point pricing and monopoly -- 8. Trade associations and competition -- 9.Antitrust policy and the eclipse of competition -- 10. Trade practices and the decline of competition -- 11. Trade practice regulation -- 12. Policies bearing indirectly on competition -- 13. Incorporation policy and industrial concentration -- 14. Patents and monopoly -- 15. Past, present, and future of competition -- 16. A program to promote competition (report of the Committee on Cartels and Monopoly)

"...a description of the structures of the American economy and the ways in which effective competition has been limited by business practice and legislation. The authors of this study had four major objectives: first to relate the concentration of economic power to the theory. practice. and future of "free enterprise"; second, to show "how the free play of competitive forces has actually been limited by American business concerns and, in certain fields, by legislation"; third, to assess the economic and social effects of these developments; and fourth, to analyze governmental action which either curbs or sanctions monopolistic practices. The authors are ardent advocates of free, private enterprise. Their basic assumption, at least by implication, is the unique relationship between private enterprise and democratic society, They argue that a democratic society can afford to entrust to private enterprise the basic economic functions of allocating resources, organizing production, distributing income, and promoting technological progress, only if private enterprise is genuinely free and competitive. The fundamental issue of economic organization in the United States is said to be between "more or less governmental control."" --From American Political Science Review.

Donation from Karl and Elizabeth Niebyl.

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