Lenin: 1916/ni-beta: TSCHIERSCHKY. CARTEL AND TRUST (original) (raw)
Vladimir Ilyich Lenin
NOTEBOOK “β”
(“BETA”)
TSCHIERSCHKY. CARTEL AND TRUST
Dr. S. Tschierschky. Cartel and Trust (A Compara-
tive Study of Their Nature and Significance), Göttingen,
1903 (p. 129).
(Little of value. Bourgeois prattle in favour of cartels—German, our own, toned down—against trusts)....
A most commonplace petty-bourgeois, this author. A “practitioner” was employed by syndicates and cartels.
p. 12, par. 1. The American rectified spirit trust closed down 68 of the 80 factories it had bought up.
| p. 13: The United States Steel Corporation has “_almost one-third of a million workers_”. | | | 1⁄3 millionworkers | | ----------------------------------------------------------------------------------------- | | | ------------------ |
| Its capital (1902) | shares= | $800 million | a model!! | |
|---|---|---|---|---|
| loans= | $553 ” | |||
| Output: | iron ore | 13.3 | million tons | |
| coke | 9.1 | ” ” | ||
| pig-iron, etc. | 7.1 | ” ” | ||
| steel | 9.0 | ” ”[1] | ||
| bars | 1.7 | ” ” | ||
| etc. |
| p. 19—cartels and trusts developed “since the last third or quarter of the nineteenth century”.p. 31—one weaver in the United States looks after 16 looms (Northrop looms, an improvement of 1895).p. 56—...“The idea of the cartel is no more than the application to modern industrial production of the modi- fied co-operative idea”.... | | | last 1⁄3 or 1⁄4 of the19th century | | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------ | | ---------------------------------- | | | | | | | | | ha-ha! | | |
“Conclusions”
| | ...“On the basis of my investigations upnow, I have no doubt that the trustembodies the advantages, but to a stillgreater extent the disadvantages, of capi-talist large-scale industry, in the senseof an unceasing and reckless urge to goforward, whereas the policy of the cartelmuch more strives to bridle and to distrib-ute. If the world market were dominatedby great national trusts, it would expe-rience far-reaching struggles over pricesand sales, carried to the sharpest ex-tremes.... In this connection, the cartels canand should be as much concerned for tech-nical and economic progress as free compe-tition is; perhaps they will not accelerateit precipitately as the trusts” (128).[2] | | character-istic!(rathercowardly!) | | | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | --------------------------------- | | | | | | | | | | | | | | !!!notaccelerate!!! | | | |
Notes
[1] See present edition, Vol. 22, p. 203.—Ed.
[2] See present edition, Vol. 22, p. 216.—Ed.