The New Freedom (Paperback)

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Excerpt: ...As soon as the combination is effected the less efficient factories are generally put out of operation. But the stock issued in payment for them has to pay dividends. And the United States government guarantees profit on investment in factories that have gone out of business. As soon as these combinations see prices falling they reduce the hours of labor, they reduce production, they reduce wages, they throw men out of employment,


Product Details
ISBN: 9781443240253
ISBN-10: 1443240257
Publisher: Rarebooksclub.com
Publication Date: August 1st, 2012
Pages: 92
Language: English