Subject

Trusts, Industrial Books

Best books

Wendell Berge

Cartels : $b challenge to a free world

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William J. (William James) Ghent

Our Benevolent Feudalism

"Our Benevolent Feudalism" by William J. Ghent is a social and economic critique written in the early 20th century. The book explores the modern societal structure, likening it to a new form of feudalism where industrial magnates hold power over the working class. The author discusses the implications of this system on various social classes, such as farmers and wage-earners, emphasizing the struggles inherent in their subordination and dependence on the wealthy elite. At the start of the text, Ghent introduces the concept of societal transformation, referencing historical perspectives on social ideals and predictions for the future. He critiques various forecasts of societal evolution, highlighting a shift towards great industrial combinations that concentrate power and wealth among a few—essentially a new feudal order in which common laborers face increasing dependency on the magnates. The opening portion sets the stage for a thorough examination of how this neofeudalism affects various segments of society, including the limitations imposed on farmers and wage earners by industrial consolidation and economic regulations.

Lena Jane Fry

Other Worlds
 A story concerning the wealth earned by American citizens and showing how it can be secured to them instead of to the trusts

"Other Worlds" by Lena Jane Fry is a socio-political novel written in the early 20th century. The book addresses economic inequalities in society and explores themes of justice and community action through the lens of a visionary society aimed at alleviating the struggles caused by monopolistic trusts. The narrative centers around the Vivian family, particularly the youngest daughter Mira and her brothers and sisters, as they navigate the challenges posed by societal structures and class divides, ultimately seeking a more equitable arrangement for all. At the start of the narrative, the author introduces the context of economic hardship and the author's drive to uncover solutions for employment in a society plagued by monopolistic powers. Fry emphasizes the urgency for societal change through an angelic vision that propels her to write a story addressing the "Idol of Money" and its impact on people's lives. This sets the stage for the Vivian family's story, with Mira reflecting on her desire for adventure and freedom, while her brothers, especially Tom, actively engage in forming a society to promote independence from trusts. As the family gathers to celebrate their mother’s birthday, discussions arise about their emerging society and how it aims to break free from the oppressive systems in place, foreshadowing the trials and hopes that lie ahead for the characters.

Charles Whiting Baker

Monopolies and the People

"Monopolies and the People" by Charles Whiting Baker is a socio-economic analysis written in the late 19th century. The work examines the rise of monopolies and trusts across various industries during a period of rapid industrialization and economic transformation in America. The book aims to present an impartial investigation into the causes, effects, and potential remedies for these monopolistic structures that are perceived as a threat to public welfare and competition. The opening of the book sets the stage for an in-depth exploration of monopolies, defining key terms and outlining the significance of the issue for contemporary society. Baker discusses the public's growing awareness of monopolies and their criticisms, while acknowledging that effective remedies have yet to be widely agreed upon. He emphasizes the need for careful examination of monopolies' origins, their impacts on competition and consumers, and the various motives and interests at play, both for the individuals running these monopolies and for the general public. The author advocates for a balanced approach to understanding monopolies by considering multiple perspectives, ultimately seeking to equip readers with a framework for assessing the broader implications of monopolistic practices.

Basil A. Bouroff

The impending crisis : $b conditions resulting from the concentration of wealth in the United States

"The Impending Crisis: Conditions Resulting from the Concentration of Wealth in the United States" by Basil A. Bouroff is a socio-economic analysis written in the early 20th century. This work examines the severe inequalities in wealth distribution in the United States, illustrating how a small percentage of the population holds a disproportionate share of national wealth. The book seeks to diagnose the underlying issues causing social unrest and economic disparity, making it relevant to discussions about class struggle and economic justice. The opening of the book presents a stark warning regarding the growing economic disparity in the United States at the turn of the century. Bouroff draws parallels between impending social upheaval and historical revolutions, emphasizing that the excessive concentration of wealth is leading society toward a critical tipping point. Using statistical data from the Eleventh Census, he highlights the alarming fact that a tiny fraction of the population controls a vast majority of wealth, creating a system where the majority are reduced to poverty and dependence. The author argues that this unequal distribution is unsustainable and predicts that it will inevitably result in social unrest as more individuals become economically disenfranchised.

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