TY  - BOOK
ED  - Labor Research Association
TI  - Apologists for monopoly
T2  - A new pamphlet series
AV  - HD 2795 .L215 1955
U1  - 338.82 
PY  - 1955///
CY  - New York
PB  - International Publishers
KW  - Trusts, Industrial
KW  - United States
N1  - Includes bibliographical references (p. 60-62); Introduction -- 1. Statistical "proofs" of monopoly decline: How much monopoly? -- What is a "competitive situation"? -- Some fantastic results -- Nutter "proves" monopoly's decline -- Classification of industries -- Income data and choice of dates -- Results show monopoly increase -- Diversification and concentration -- Mergers and monopoly -- Mergers at the top -- The merger boom of the middle fifties; 2. "New" theories justify monopoly control: "Imperfect competition" -- Dilemma of large size -- Monopoly upheld in practice -- "Monopolistic competition" -- "Workable competition" -- Competition among monopolies -- Bigness and technique -- "Countervailing" forces -- Finance capital "disappears" -- Keynes' spending theory developed -- Damaging admissions; 3. Monopoly and the people: Decreased antitrust activity -- Outlook for anti-monopoly struggle -- Reference notes
N2  - "There are today two new major trends among prominent economists on the subject of monopoly. The first is to compile statistical data to prove that monopoly is insignificant and constitutes no problem for the American people. The second is to muster theoretical arguments to convince the public that monopoly, if called by some other name, becomes good for the people and is necessary to the economic development of the nation." -- From the introduction
ER  -