NOTEBOOK “ο”

(“OMICRON”)

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MONOPOLY AND TECHNIQUE

Trusts, monopoly and technique:

N.B.			“This technical progress, which alone can guar- antee the continued ability to export is, however, hindered rather than promoted by monopoly formations” (Die Neue Zeit, 32, 1, 1913-14, p. 383, a paraphrase of an article by Louis C. Fraina. “Concentration, Monopoly, Com- petition: a New Trend in the National Economy”, in The New Review (New York) (1913, Sep- tember)).
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