"Cooperation" and the Anti-Trust Laws
Bibliographic Data
| ID | 9769800 |
|---|---|
| Authors | Gilbert H Montague (New York., corresponding author) |
| Year | 1916 |
| Volume | 63 |
| Issue | 1 |
| Pages | 69-83 |
| Publication date | 1916-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Annals of the American Academy of Political and Social Science (JOURNAL) |
| Journal identifiers | ISSN: 0002-7162 • E-ISSN: 1552-3349 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/000271621606300106 |
| OpenAlex | W1964925875 |
| Language | EN |
| Citations received | 1 |
The last presidential campaign, among its other blessings, enriched the popular vocabulary of economic and political discus- sion with the word &dquo;cooperation.&dquo;One step away from combina- tion, and more altruistic in sound than competition, cooperation served well as a political rallying cry throughout the campaign, and has since done yeoman's service in rallying business men to collective action regarding prices, territory and other thorny trade conditions unpleasantly associated with the Sherman anti-trust law.Around cooperation a literature has developed, upon it has sprung up a cult, and before it, in the hopes of its devotees, lies a future of usefulness, in which cooperating trade associations shall walk arm and arm with the newly established Federal Trade Commission and find lasting peace and rest from the Sherman law.&dquo;The radical change that is taking place in the commercial and industrial world-the change from a competitive to a cooperative basis,&dquo; is the program of this cooperative movement.&dquo;Cooperation is essentially constructive; competition destructive,&dquo; is its creed.Hostility to the Sherman law is its controlling habit: &dquo;The very theory of our anti-trust laws,&dquo; asserts the cooperationist, with a wealth of italics, is that they suppress cooperation, and, by encouraging competition, promote the widest fluctuations in prices.....The Sherman law is destructive in pur- pose and application.State anti-trust acts are framed to tear down and destroy.....The much vaunted Sherman law will pass into economic history, along with such English laws as those against &dquo;regrating,&dquo; &dquo;forestalling,&dquo; and &dquo;engrossing,&dquo; and laws against labor unions-as one of man's futile attempts to check evolution.....The country has reached the parting of the ways.It must make its choice and make it intelligently-either the competitive or the cooperative basis.l
Law and economics · Political science · Sociology · Law · Legal principles and applications
| Citations per year | 0.05 |
|---|---|
| Citation span | 2004 - 2004 (1) |
| Highly cited | No |