"Trust and Corporation Problems" is a foundational study of the evolution and regulation of industrial combinations in the United States and abroad. Written during a transformative era of economic expansion, this work provides an exhaustive analysis of the "trust problem" and the legal and economic challenges posed by the rise of large-scale corporations.
The authors, Henry R. Seager and Charles A. Gulick, examine the historical development of monopolies, the mechanics of corporate organization, and the effectiveness of antitrust legislation such as the Sherman and Clayton Acts. The book explores diverse topics, including the motives behind industrial consolidation, the impact of large enterprises on competition, and the specific regulatory approaches adopted by various nations to manage industrial power.
By bridging the gap between economic theory and legal practice, "Trust and Corporation Problems" offers critical insights into the social and political implications of corporate power in the early twentieth century. It remains a significant resource for understanding the roots of modern industrial policy and the historical debate over government intervention in the private sector. This comprehensive survey is essential for readers interested in economic history, law, and business administration.
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