ABSTRACT
For approximately three generations a gradual democratic advance into collectivism has been under way. The theory of gradual collectivism rests upon the assumption that majorities express the will and represent the interests of society, and that they have inherited from the king the prerogatives of his sovereignty. This chapter illustrates the underlying principle of gradual collectivism, which is that its specific measures owe their origin to particular interests and that its design follows the pattern of the influences exerted by pressure groups. The managers of the great corporations are fully aware that the production of wealth is restricted by labor laws and labor contracts which enable their employees to do less work for more pay. The power to fix prices, whether reasonably exercised or not, involves power to control the market and to fix arbitrary and unreasonable prices.
