A Curb to Predatory Wealth (Classic Reprint)

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Excerpt from A Curb to Predatory Wealth Anti-trust legislation has been, so far, a complete failure. The reason for this is that it has been largely of the nature of arbitrary prohibition. There has been no attempt to utilize any fundamental principle of economics designed to appeal to the voluntary spirit. A needed measure is one that harmonizes with that basic principle of business, self-interest. Such a measure is the graduated property tax. It would eliminate the trust system through rendering it less remunerative for capital to be invested in huge Monopolies than in independent concerns. In the use of this tax no distinction is to be made between the large wealth consisting of a combination of several small wealths and the large wealth belonging to the individual. The intent is to apply the tax to overcapitalization wherever found. In this way the corrective portion of our problem is solved. The balance of our problem is also solved. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.