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The Profit-seekers

In: Economics

Author

Listed:
  • Guy Routh

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.

Suggested Citation

  • Guy Routh, 1984. "The Profit-seekers," Palgrave Macmillan Books, in: Economics, chapter 6, pages 62-114, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-17348-8_6
    DOI: 10.1007/978-1-349-17348-8_6
    as

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