[Problems of Poverty by John A. Hobson]@TWC D-Link book
Problems of Poverty

CHAPTER XI
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In so far as the interests of different trades may clash, we might carry on this movement further, and trace the gradual agreement, integration, and fusion of the capitals represented in various trades.

There is, in fact, an ever-growing understanding and union between the various forms of capital in a country.

The recognition of this ultimate identity of interest must be regarded as a constant force making for the unification of the whole capital of a country, in the same way as the common interests of directly competing capitals in the same trade leads to a union for mutual support and ultimate identification.
Sec.4.Uses and Abuses of the Trust .-- This, however, carries us beyond the immediate industrial outlook.

The successful formation of the Trust represents the highest reach of capitalistic evolution.

Although the subject is too involved for any lengthy discussion here, a few points bearing on the nature of the Trust deserve attention.
The Trust is clearly seen to be a natural step in the evolution of capital.


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