"Rack-rent" Quotes from Famous Books
... highly civilised that they would no longer be willing to compete with one another so as to injure one another's business: they would out of pure goodwill organise into a "monopoly," and working this monopoly for the exclusive interest of themselves and their employees, rack-rent the consuming public; or if their benevolence extended to all their customers they would socialise their business, conducting it for the greatest good of all society. Such a form of socialised industry, dependent upon the moral character of perishable individuals, would possess all the ... — The Evolution of Modern Capitalism - A Study of Machine Production • John Atkinson Hobson |