From the breaking up of Standard Oil to the antitrust investigations of tech giants like Google and Facebook, the issue of trust-busting has been a contentious one in American politics for more than a century. In this insightful text, Jones provides an overview of the history and politics of trust-busting, and argues that the US government has a duty to protect consumers from monopolistic practices. A must-read for anyone interested in the intersection of politics and economics, this book is a fascinating exploration of a perennially important issue. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Excerpt from The Trust Problem in the United States This book is a study of the trust problem in the United States. It presents an account of the early devices employed to restrain competition, and outlines the history and character of the modem trust movement; it describes a number of representative trusts; it analyzes the reasons for the formation of trusts, and their economic and social consequences; it describes the trust legislation, the decisions of the courts interpreting it, and the dissolution proceedings brought under it; and, finally, it considers (briefly) remedies. The book is not a study of all combinations, but merely of those combinations that have (or had) monopolistic power, and that are properly designated as trusts. It is a study of monopolistic aggregations of capital under unified management. It contains no discussion of the experience of foreign countries, and only a brief (incidental) discussion of the experience of our forty-eight states. Material on these subjects was collected, but it omitted from the book for want of space, and because of a conviction that the trust problem is a national one, to be settled in the light of the conditions of our particular national life. The analysis of the six representative trusts is not intended to be complete; the aim has been merely to present the data in sufficient fullness to bring out concretely the reasons for forming trusts, the sources of their monopoly power, their tactics, and their economic consequences. In general, the history of individual trusts is not carried beyond the date of the dissolution proceedings instituted by the Department of Justice of the United States. Adequate reliable data for the subsequent history of these trusts are not available; and, moreover, the purpose is not to present a complete history of the representative trusts, but to explain the national policy toward trusts as evidenced by our laws and the manner of their enforcement. 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.

Trust has been the subject of empirical and theoretical inquiry in a range of disciplines, including sociology, economics, psychology, philosophy, public policy and political theory. The book approaches trust from a multi-disciplinary scope of inquiry. It explains why most existing definitions and theories of trust are inadequate. The book examines how trust evolved from a quality of personal relationships into a critical factor in political institutions and representation, and to an abstract and impersonal factor that applies now to complex systems, including monetary systems. It makes a distinctive contribution by recasting trust conceptually in dialectical and pragmatic terms, and reapplying the concept to our understanding of critical issues in politics and political economy.

With increasingly divergent views and commitments, and an all-or-nothing mindset in political life, it can seem hard to sustain the level of trust in other members of our society necessary to ensure our most basic institutions work. This book features interdisciplinary perspectives on social trust. The contributors address four main topics related to social trust. The first topic is empirical and formal work on norms and institutional trust, especially the relationships between trust and human behaviour. The second topic concerns trust in particular institutions, notably the legal system, scientific community, and law enforcement. Third, the contributors address challenges posed by diversity and oppression in maintaining social trust. Finally, they discuss different forms of trust and social trust. Social Trust will be of interest to researchers in philosophy, political science, economics, law, psychology, and sociology.

Published in 1912, this book explores the problem of monopolies and trusts in the United States and argues for a regulatory approach to these issues. Drawing on extensive research and data analysis, it offers a compelling case for the need to curb the power of big business in order to protect consumers and promote competition. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.