Cartels, Combines, and Trusts in Post-War Germany

Cartels, Combines, and Trusts in Post-War Germany

Cartels, Combines, and Trusts in Post-War Germany

Cartels, Combines, and Trusts in Post-War Germany

Excerpt

It is the aim of this book to present factual material concerning the combination movement in Germany since the Great War. A fuller acquaintance with the attempts at a solution of the trust problem made by a leading industrial nation with a very different attitude towards this problem ought to be helpful to the American student in his endeavors to arrive at a conclusion regarding the best solution of the trust problem for the American nation.

Not that the author would imply transplanting of institutions to be desirable or even possible. Developments have to come from within to be lasting. Neither has an attempt been made to recommend changes in the American policy. The book limits itself to what has actually taken place in Germany during the last few years in the combination movement, pre-war developments not needing a new presentation and being of little more than historical value due to the radical changes in Germany since the war.

Besides the factual developments, the attitude of the German population at large, of industry and government is incidentally shown, the author concurring with the rather general German belief that for Germany with her limited natural resources, small domestic markets and high density of population a complete return to free competition would eliminate the small margin of profit through the wastes of competition and uneconomic duplication of productive facilities, and would lead to undesirable social consequences.

The author wishes to express his deep indebtedness to Professor Henry R. Seager for the original stimulus to write . . .

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