Zephyr Teachout Quotes
Amazon's outsized power is looking less and less like smart business and more and more like oppressive politics - one company bullying us all.
He had just retired after 24 years in Congress.
The National City Company was formed expressly as an attempt to dominate and monopolize the United States economy. It was a holding company that included Standard Oil, National City Bank, 16 other banks, and the Union Pacific and Southern Pacific railroads among others, all controlled by the same 3 men--William Rockefeller, .James Stillman, and Frank Vanderlip.
Here, an officer of a large corporation (Pittsburgh Plate Glass) makes the classic argument of large corporations about the anti-trust laws which prevent them from using their economic power to crush competition. The claim that the large corporations are at a disadvantage and handicapped in competing with small companies is easily refuted by the bankruptcy rate of small businesses which is large, and that of large corporations which is very small, and that of major monopolies which is virtually zero.
The Kimberly and Comstock lodes were natural deposits of copper and silver so close to the surface that it required very little work to remove the metal and sell the it.
At the time, there was generally only a single newspaper in an area in New Zealand.
Zephyr Rain Teachout is an American attorney, author, political candidate, and associate professor of law at Fordham University.