The Morals Of Monopoly And Competition (1916)
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Overview
The Morals of Monopoly and Competition is a book written by Homer Blosser Reed and published in 1916. The book explores the ethical and moral implications of economic systems that promote either monopoly or competition. Reed argues that both monopoly and competition have their advantages and disadvantages, but that ultimately, a healthy balance between the two is necessary for a thriving economy and a just society.The book is divided into two parts. The first part examines the history and nature of monopoly, and its effects on society. Reed argues that monopolies can be harmful to consumers, workers, and society as a whole, as they can lead to higher prices, lower quality goods and services, and reduced innovation. He also discusses the various ways in which monopolies can be created and maintained, including through government intervention and natural barriers to entry.The second part of the book focuses on the benefits and drawbacks of competition. Reed argues that competition can be a powerful force for innovation, efficiency, and consumer choice, but that it can also lead to unethical and harmful practices, such as price-fixing, collusion, and predatory pricing. He also discusses the role of government in regulating competition and ensuring a level playing field for all participants.Overall, The Morals of Monopoly and Competition is a thought-provoking exploration of the ethical and moral issues surrounding economic systems. Reed's insights and arguments are still relevant today, and the book remains a valuable resource for anyone interested in economics, business, or social justice.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
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Details
- ISBN-13: 9781167192470
- ISBN-10: 1167192478
- Publisher: Kessinger Publishing
- Publish Date: September 2010
- Dimensions: 9 x 6 x 0.33 inches
- Shipping Weight: 0.47 pounds
- Page Count: 154
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