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Where and Why Public Ownership Has Failed
Excerpt from Where and Why Public Ownership Has Failed
The chief difficulty in preparing this book has been to make a coherent arrangement of the material, as, the various sources from which it has been gathered are more or less incomplete. Indeed the obstacles in the way of presenting a true picture of industrial enterprises, as operated by states and local governments, can scarcely be exaggerated.
The partisans of government and municipal ownership of every species of public utility have assumed a distinctive title. They call themselves representatives of the movement for direct operation (Representants de la R egie Directe). Their leader in France is Edgard Milhaud, occupying the chair of Political Economy at the University of Geneva, where he makes a special point of emphasizing Socialism. In a little periodical, entitled Annales de la Regie Directe, he presents the case for all government and municipal undertakings, although his enthusiasm frequently receives cruel setbacks, as in the suicide of the Mayor of Elbeuf. He has also published several articles for the purpose of demonstrating that accidents are much less frequent upon government railways than upon the lines of private companies.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works."
The chief difficulty in preparing this book has been to make a coherent arrangement of the material, as, the various sources from which it has been gathered are more or less incomplete. Indeed the obstacles in the way of presenting a true picture of industrial enterprises, as operated by states and local governments, can scarcely be exaggerated.
The partisans of government and municipal ownership of every species of public utility have assumed a distinctive title. They call themselves representatives of the movement for direct operation (Representants de la R egie Directe). Their leader in France is Edgard Milhaud, occupying the chair of Political Economy at the University of Geneva, where he makes a special point of emphasizing Socialism. In a little periodical, entitled Annales de la Regie Directe, he presents the case for all government and municipal undertakings, although his enthusiasm frequently receives cruel setbacks, as in the suicide of the Mayor of Elbeuf. He has also published several articles for the purpose of demonstrating that accidents are much less frequent upon government railways than upon the lines of private companies.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works."
486 pages, Paperback
First published October 28, 2009
4 people want to read
About the author
Yves Guyot
229 books1 followerYves Guyot (1843-1928) was a French politician and economist.
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