The Road Ahead a Primer of Capitalism And Socialism
The Road Ahead a Primer of Capitalism And Socialism
Harry Wellington Laidler
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A few giant corporations in the United States refine most of our oil, produce most of our copper, manufac- ture most of our radios, generate most of our electricity, build most of our locomotives, make most of our biscuit, pack most of our meat, sell most of our rubber. Two dozen of the greatest banks of the United States 33 have as much money at their disposal as all of the 20, 000 small banks found in the small cities of America. In the retail store business of the land one great cor- poratio...n the Great Atlantic and Pacific Tea Corpora- tion owns over 16, 000 stores, and does a business each year of over one billion dollars ! In fact, about 200 big industrial corporations outside of banking control nearly one-half of the business of the United States. Within twenty years, some students say, they will control about eighty per cent or four-fifths of this business. For years, Mary and John, when any one said any- thing about a corporation that controlled or monopo- lized, as some put it, most of the oil, the sugar, the meat or other commodities, many Americans would get ter- ribly excited.
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