The Californian And Overland Monthly volume 64
The Californian And Overland Monthly volume 64
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In our eReader you can find the full English version of the book. Read The Californian And Overland Monthly volume 64 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Californian And Overland Monthly volume 64
What reading level is The Californian And Overland Monthly volume 64 book?
To quickly assess the difficulty of the text, read a short excerpt:
I distinguish three families or spe- cies of price-cutting. You see all of them every day.
First, there is "Common or Cut- Throat" price-cutting.
This is simply a blind rage among retailers. It can be as bad for them as for the product they are cutting. It killed McLaughlin's "4 X" Coffee; but it killed it only after thousands of retailers had been selling it for months without profit. They had been con- veying McLaughlin's "4 X" Coffee to the public without charging the public anything for tha...t conveying work. Which is mere madness a frenzy spreading from one retailer to another a circular insanity. It condemns it- self at sight, and it explains why the mass of retailers are in favor of the one-price system in order to protect themselves against themselves.
There's no use trying to think that it is prosperity for one section of the public to have another section doing something for it for nothing. That doesn't work.
Just as it is bad for the country to have its labor, or any part of its labor, constantly employed at less than a fair wage, so it is bad for it to have its business, or any part of its busi- ness, constantly transacted at less than a fair profit.
What to read after The Californian And Overland Monthly volume 64?
You can find similar books in the "Read Also" column, or choose other free books by Babcock Charles Almanzo to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
I distinguish three families or spe- cies of price-cutting. You see all of them every day.
First, there is "Common or Cut- Throat" price-cutting.
This is simply a blind rage among retailers. It can be as bad for them as for the product they are cutting. It killed McLaughlin's "4 X" Coffee; but it killed it only after thousands of retailers had been selling it for months without profit. They had been con- veying McLaughlin's "4 X" Coffee to the public without charging the public anything for tha...t conveying work. Which is mere madness a frenzy spreading from one retailer to another a circular insanity. It condemns it- self at sight, and it explains why the mass of retailers are in favor of the one-price system in order to protect themselves against themselves.
There's no use trying to think that it is prosperity for one section of the public to have another section doing something for it for nothing. That doesn't work.
Just as it is bad for the country to have its labor, or any part of its labor, constantly employed at less than a fair wage, so it is bad for it to have its business, or any part of its busi- ness, constantly transacted at less than a fair profit.
What to read after The Californian And Overland Monthly volume 64?
You can find similar books in the "Read Also" column, or choose other free books by Babcock Charles Almanzo to read onlineMoreLess
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