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The Profit-seekers

Guy Routh

Chapter 6 in Economics, 1984, pp 62-114 from Palgrave Macmillan

Abstract: 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.

Keywords: Chief Executive; Business Leader; Business Corporation; International Business Machine; Sunday Time (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-17348-8_6

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DOI: 10.1007/978-1-349-17348-8_6

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