Title: Why Pay Tribute?: The Limitation of Incomes; The Remedy for Watered Capitalization; The Progressive Income Tax With Tabulation (Classic Reprint)
Publisher: Forgotten Books
Publication Date: 2018
Language: English
ISBN 10: 0260074101
ISBN 13: 9780260074102
Binding: HRD
Condition: New
Weight: 387 grams

About this title

Synopsis

How watered capitalization shifts wealth—and what it means for you

This book argues that the way some companies issue watered securities can drain earnings from producers and raise living costs for everyone. It presents a historical critique of corporate power and suggests ways voters can protect their earnings and rights through law.

In clear, accessible language, the author links financial tricks to everyday costs, such as the price of goods and services, and shows how monopolies have shaped public utilities like telegraphs and telephones. It offers a framework for understanding why advocacy for consumer and voter rights matters in the face of powerful financial interests.

See how watered capitalization is described as a tool used by wealth power to control production and prices
Explore real-world examples from railroads, steel, and communications
Learn about proposed legal approaches and constitutional ideas aimed at limiting private control over earnings
Grasp the historical arguments behind calls for economic fairness and political accountability

Ideal for readers of economic history, political economy, and those seeking a clearer view of how corporate power can affect daily life.

"About this title" may belong to another edition of this title.

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