The Problem of Monopoly : A Study of a Grave Danger, and of the Natural Mode, of Averting It (Classic Reprint)

John Bates Clark

ISBN 10: 1330497031 / ISBN 13: 9781330497036

Published by Forgotten Books Apr 2018, 2018

About this Item

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Seller Inventory # 9781330497036

Bibliographic Details

• Title: The Problem of Monopoly : A Study of a Grave Danger, and of the Natural Mode, of Averting It (Classic Reprint)
• Publisher: Forgotten Books Apr 2018
• Publication Date: 2018
• Language: English
• ISBN 10: 1330497031
• ISBN 13: 9781330497036
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 229W x 152H x 8D millimeters 229 millimeters width by 152 millimeters height by 8 millimeters depth
• Weight: 390 grams

About this title

Synopsis

How giant corporations shape prices, wages, and politics—and what to do about it.
In The Problem of Monopoly, John Bates Clark lays out how large firms can limit output, raise prices, and squeeze labor. It offers a practical look at the economic forces at work and the steps society can take to restore fair competition.

This edition presents clear explanations of how monopolies affect everyday life, the economy, and the balance between labor and capital. It argues for reforms that aim to keep industry productive while protecting workers and the public from the worst abuses of market power.

• How monopolies raise prices and limit supply, and what that means for households.


• Why wages and living costs can be distorted under concentrated corporate power.


• The relationship between organized labor, business, and government in a monopoly era.


• Paths the author suggests for reintroducing healthy competition and economic democracy.

Ideal for readers of economic history and policy analysis who want a rigorous, historically grounded view of monopoly and reform.