The Control of Trusts; An Argument in Favor of Curbing the Power of Monopoly By a Natural Method
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In our eReader you can find the full English version of the book. Read The Control of Trusts; An Argument in Favor of Curbing the Power of Monopoly By a Natural Method 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 Control of Trusts; An Argument in Favor of Curbing the Power of Monopoly By a Natural Method
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To quickly assess the difficulty of the text, read a short excerpt:
The promoter's purpose is attained when, having merely formed the corporation, he gets his slice of the stock and realizes on it in the market. He may have neither the energy nor the skill that is required for managing the consolidated company. He forms the com- bination and leaves it to its own devices — and often they are bad ones.
If this were all that the stockholder had to fear, his case would be better than it is; but unhappily a management that is bad for business may be good for specula...tive purposes.
When profit cannot be secured by making goods and selling them, it may often be gained by " milking " the market for the stock or by EARLY EXPERIMENTS AND RECENT FACTS 2$ wrecking the corporation. What the investor needs before aU things is security. He wants to have the trust make money by producing goods and selling them for more than they cost. But the manipulator often wants some- thing so distinct from this as to draw a sharp > line between his interests and all legitimate interests.
What to read after The Control of Trusts; An Argument in Favor of Curbing the Power of Monopoly By a Natural Method?
You can find similar books in the "Read Also" column, or choose other free books by Clark, John Bates, 1847-1938 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The promoter's purpose is attained when, having merely formed the corporation, he gets his slice of the stock and realizes on it in the market. He may have neither the energy nor the skill that is required for managing the consolidated company. He forms the com- bination and leaves it to its own devices — and often they are bad ones.
If this were all that the stockholder had to fear, his case would be better than it is; but unhappily a management that is bad for business may be good for specula...tive purposes.
When profit cannot be secured by making goods and selling them, it may often be gained by " milking " the market for the stock or by EARLY EXPERIMENTS AND RECENT FACTS 2$ wrecking the corporation. What the investor needs before aU things is security. He wants to have the trust make money by producing goods and selling them for more than they cost. But the manipulator often wants some- thing so distinct from this as to draw a sharp > line between his interests and all legitimate interests.
What to read after The Control of Trusts; An Argument in Favor of Curbing the Power of Monopoly By a Natural Method?
You can find similar books in the "Read Also" column, or choose other free books by Clark, John Bates, 1847-1938 to read onlineMoreLess
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