Mention29823

Download triples
rdf:type qkg:Mention
so:text The attraction of so many business leaders to systems of government-enforced trade practice standards reflected a continuing institutionalization of economic life. The systemwide benefits of maintaining openness in competition—with no legal restrictions on freedom of entry into the marketplace or on the terms and conditions for which parties could contract with one another—were being rejected by business organizations more concerned with the survival of individual firms and industries. As a consequence, business leaders expressed an increasing desire for the maintenance of conditions of equilibrium that would help preserve the positions of existing firms. Free and unrestrained competition demanded a continuing resiliency in responding to market changes. The innovation in products, services, and business methods that made economic life creative and vibrant came to be seen as a threat to the survival of firms unable or unwilling to respond. Concerns for security and stability began to take priority over autonomy and spontaneity in the thinking of most business leaders. (en)
so:isPartOf https://en.wikiquote.org/wiki/Butler_D._Shaffer
so:description In Restraint of Trade: The Business Campaign Against Competition, 1918-1938 (1997) (en)
qkg:hasContext qkg:Context14576
Property Object

Triples where Mention29823 is the object (without rdf:type)

qkg:Quotation27867 qkg:hasMention
Subject Property