Monopolies and the People

"Monopolies and the People" by Charles Whiting Baker is a late 19th-century exploration of the growing power of monopolies in a rapidly changing America. The book seeks to fairly explore how monopolies arose and what effects they had on society and business. It highlights the public's increasing concern about these powerful organizations and admits there are no easy answers for fixing the issues they create. Baker's analysis calls for an even-handed look at the different reasons monopolies exist, how they affect both those who run them and average people, and what this kind of business structure means for competition and consumers everywhere in order to provide readers with the tools to fully undestand the impact of monopolistic practices.