This is why the “concentration” so much spoken of is often nothing but an amalgamation of capitalists for the purpose of dominating the market, not for cheapening the technical process.
He critiques the idea of industrial concentration as merely a capitalist strategy rather than a technical improvement.
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None of these are produced in greater quantities than would be required to secure well-being for all; and the over-production, so often spoken of, means nothing but that the masses are too poor to buy even what is now considered as…
But suppose the workers owned all the railways.
Or, ‘We don’t like the idea of state management of railways, and the present management by private companies is organized robbery.
But in all civilized countries the production, both agricultural and industrial, ought to and easily might be immensely increased so as to secure a reign of plenty for all.
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