, 150
Monopoly defined, 155
Natural agents in production, 156
Different classes of competition, 157
The three salient causes of monopoly, 159
The proper remedy for monopoly, 160.
XII. THE EVILS DUE TO MONOPOLY AND INTENSE COMPETITION 162
The theoretical perfection of human industry, 162
Over-production not a fault of production, 163
The ideal distribution of wealth, 164
The law of supply and demand, 165
Evils due to monopoly: the congestion of wealth, 166
How great fortunes are made, 168
Monopolized industries and speculation, 169
How monopolies reduce the income of small capitalists, 170
Monopolies the cause of over-production, 171
Monopolies and poverty, 173
The Church and the laboring classes, 173
Intemperance, 174
Reforms must go hand in hand, 174
How monopolies keep men in idleness, 175
The waste of competition, 176
Waste due to parallel railway lines, 177
The waste of competition and financial crises, 178
Wasteful competition in other industries, 179
Waste by strikes of labor monopolies, 180
False remedies for the disease, 181.
XIII. AMELIORATING INFLUENCES 183
Two classes of palliatives to the evils of monopoly, 183
Reduction in price to increase demand, 184
The influence of Christianity, 185
Its promise as a remedy, 186
A social system based on nobler attributes than selfishness, 187
The tendency of modern society, 188
The possibilities of altruism, 189
Direct and indirect charities, 189
The benevolent spirit in business enterprises,
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