More on this book
Kindle Notes & Highlights
The enormous concentration of capital in giant enterprises, the increasing separation of management from ownership, the existence of powerful trade unions, state subsidies for agriculture and for some parts of industry, the elements of the “welfare state,” elements of price control and a directed market, and many more features radically distinguish twentieth-century capitalism from that of the past.
Power follows from possession, not from activity.
It needs people who feel free and independent, not subject to any authority or principle of conscience, yet who are willing to be commanded to do what is expected of them, to fit into the social machine without friction;
On capitalism
