What Is The Meaning Of Life? Ask A Conservative
Since he would not suffer the losses that could result, under sure circumstances, from his enterprise policy, his conduct of affairs may all too easily be disposed to run risks that may not be taken by a director who, as a result of he must share in the loss, is genuinely responsible. It is they that form the refrain whose fixed chorus is that monetary calculation and concern with profit and loss are the most shameful of sins. as rivals; and, in any case, industries producing substitute commodities will be instantly at hand to avail themselves of the favorable circumstances for increasing their very own manufacturing. All these factors make it extraordinarily rare for a monopoly to come up in a manufacturing trade that’s not based on monopolistic management of specific uncooked supplies.
Thus, the progressing bureaucratization of huge business is … Read More