Monopoly and Competition, A Study in English Industrial Organization

By Levy, Hermann

Description
Economic Theory Literature

Excerpt
Excerpt: Chapter I. The History of Early Capitalism. When the Industrial Revolution began in the second half of the eighteenth century, the organisation of English industry was better prepared for an advance than that of any other European state. It is true that, as elsewhere, industrial undertakings found their freedom of movement restricted by the survival, partly in law and partly in custom, of the gild system; but much as these restrictions were opposed to the interests of large capitalist industries, they could not repress the many enterprising spirits who were eager to use to the full the new developments of trade. Long before the actual repeal of the Statute of Apprentices and other gild regulations completed the freedom of English industry, the way had become open even within the bounds of industrial capitalism for individual activity and mutual competition. In other countries the productive activities of single economic units were limited not merely by the demands of the gild system, but in the majority of cases, even after that difficulty had been overcome, by privileges, concessions, monopolies and the official regulation of capitalist manufacture, which united to make individual operations difficult and often impossible.

Table of Contents
Table of Contents. Preface to the English Edition.........................................4 Preface...........................................................5 Part I. Monopoly in the Days of Early Industrial Capitalism.................7 Chapter I. The History of Early Capitalism..............................8 Chapter II. The Organisation of Monopolies............................17 Chapter III. Effects of Monopolies: Their Fall...........................36 Chapter IV. Comparison with German Development......................55 Part II. Free Trade and the Earliest Monopolist Combinations..............70 Chapter V. The Doctrine of Free Competition...........................71 Chapter VI. Monopolist Combinations in English Mining..................77 Part III. The Modern Organisation of English Industry on a Monopolist Basis. ........................................................120 Chapter VII. Introductory. Transition to the Present Time.................121 Chapter VIII: The Sphere of Competition..............................128 Chapter IX: Existing Monopolist Organisations in English Industry.........146 Chapter X. Questions of Organisation................................192 Chapter XI. Theoretical Conclusions and Criticisms.....................201 Appendix I.....................................................224 Appendix II ....................................................229 Appendix III....................................................236 Notes..........................................................240

Book Id: WPLBN0000698918
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Full Text

Title:

Monopoly and Competition, A Study in English Industrial Organization

Author:

Levy, Hermann

Volume:

Language:

English

Subject:

Political science., Economics and literature, Economic & political studies series

Collection:

Economics Publications Collection

Subcollection:

Historic
Publication Date:

Publisher:

Archive for the History of Economic Thought

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