Eric Kierans Quotes:
Ocupation: Canadian Politician
Life: February 2, 1914 - May 9, 2004
Birthday: February 2
Death: May 9
This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation.
topic: Competition, Growth, Buckets, Oligopoly
