190
The proper attitude of the Church toward monopolies, 191
The fraternal spirit opposed to competition, 192
Monopolists to be judged charitably, 193
Unjust judgment of labor monopolies, 194
Enmity toward monopolists no cure for monopoly, 195.
XIV. REMEDIES FOR THE EVILS OF MONOPOLY 196
Schemes for bettering society, 196
The doctrine of individualism, 197
The doctrine of societism, 198
The defects of each when unmodified by the other, 199
Societism a necessary accompaniment of civilization, 200
The interdependence of mankind, 201
Does societism threaten liberty? 201
Government for the benefit of the whole people, 202
The dangers of government action to aid special classes, 202
Remedies for monopoly: the creation of new competitors, 204
Its practical result, 205
Remedies by prohibiting consolidations, 205
Their inevitable effect, 206
Government the only agent to prevent monopoly, 207
Why direct action by the government is impossible, 208
Indirect action and its probable results, 208
The Interstate Commerce law as an example, 209
The proper remedy for monopoly not abolition, but control, 210
The relative advantages of government and private management
of industry, 211.
XV. THE SOVEREIGN RIGHTS OF THE PEOPLE AND OF THEIR
REPRESENTATIVE, THE GOVERNMENT 213
Questions brought up by the preceding conclusion, 213
The rights of property holders, 214
Property in the products of labor an inherent right, 215
Property in natural agents and public franchises a matter of
expediency, 216
Eminent domain over natural agents still held by the public, 217
The laws of competition applicable to determine when this
right should be exercised, 220
Absolutely perfect equi
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