Belloc: "There came in a new combine of a few big tobacconists. Purchases were made on a larger and
larger scale. Profits were cut down from the old agreed margin to a new, smaller margin upon which the
small distributor
of tobacco could not live. The usual excuse was advanced: "The new state of affairs
made it cheaper for the consumer."" Based on this statement, how does capitalism take the place of
widely distributed property?
Big companies charge low prices so that property can come to be in the hands of the wealthy.
Big companies charge low prices so that the power of government can come to be limited.
Big companies charge low prices so that property can come to be widely distributed.
Big companies charge low prices so that property can come to be in the hands of government.