by Ettinger
[Google Digitization Project and Usage Guidelines (English)]: This segment contains the standard English-language disclaimer and usage guidelines for books digitized by Google. It explains that the book is in the public domain, discusses the mission of Google Book Search, and outlines restrictions on commercial use and automated querying. [Google Buchsuche Nutzungsrichtlinien (German)]: This segment provides the German translation of the Google Book Search digitization notice. It details the legal status of public domain works, the importance of maintaining Google watermarks, and the user's responsibility regarding international copyright laws. [Title Page: Die Regelung des Wettbewerbes im modernen Wirtschaftssystem]: The title page and library acquisition stamp for Ettinger's work on the regulation of competition within the modern economic system, specifically focused on the Austrian context. [Title Page and Table of Contents]: Title page and detailed table of contents for Dr. Markus Ettinger's work on the regulation of competition and cartels in Austria, featuring a preface by Karl Menger. [Preface by Karl Menger]: Karl Menger discusses the scientific and legislative uncertainty surrounding cartels. He argues that cartels are a natural outgrowth of modern industrial needs rather than artificial creations, and suggests that state intervention often fails because it lacks a clear scientific doctrine. He praises Ettinger's work for bridging the gap between legal theory and the practical needs of industrial enterprises. [Bibliography of Cartel Literature]: A comprehensive bibliography of literature on cartels, trusts, and industrial associations, organized by country including Belgium, England, America, France, Holland, Italy, Austria, Germany, Poland, Russia, Switzerland, and Hungary. [Introduction: The Cartel Problem in Austria]: Ettinger introduces the urgency of the cartel problem for Austrian legislation and industry. He argues that free competition alone does not guarantee technical progress or security, and that the Austrian judiciary must adapt to modern economic realities. He outlines his goal to provide a practical guide for promoters and lawyers while applying Menger's economic theories to the legal validity of cartels. [Chapter 1: Loose Price Cartels]: Ettinger critiques the Austrian Supreme Court's restrictive interpretation of the 1870 Coalition Law (Koalitionsgesetz). He argues that not all price agreements are detrimental to the public; many are necessary for industrial survival and can actually lower costs by reducing 'faux frais' (distribution costs). He contrasts the Austrian approach with the more economically literate German Reichsgericht, which recognizes cartels as a legitimate tool for economic stability. [Chapter 2: Regulation of Competition through Socialization]: This chapter explores how competition can be legally regulated through the formation of formal legal entities like cooperatives (Genossenschaften) and joint-stock companies. Ettinger argues that these forms are immune to the Coalition Law because they involve a merger of interests rather than a mere agreement between independent actors. He emphasizes that the 1873 Cooperative Law explicitly allows for collective sales bureaus, effectively legalizing high-level cartel functions. [Chapter 3: Differentiating Coalition Pressure from Extortion]: Ettinger analyzes the legal boundaries between legitimate organizational pressure and criminal extortion. He discusses the strike as a tool that technically meets the criteria of extortion but is legalized by the Coalition Law. He argues for the legality of using economic pressure (like withholding supplies or labor) to enforce cartel discipline and 'alliances' between producers and workers, provided no illegal threats are made. [Chapter 4: Application of the Coalition Law to Cartel Types]: Using Robert Liefmann's typology, Ettinger examines how different cartel forms (production regulation, territorial division, profit sharing, etc.) interact with Austrian law. He concludes that most forms are legally valid unless they explicitly aim for a price increase detrimental to the public or violate 'good morals' (gute Sitten). [Chapter 5: Condition Cartels under Austrian Law]: Ettinger argues that 'condition cartels' (agreements on payment terms, credit, and delivery conditions) are fully valid under Austrian law. He explains that regulating these conditions shifts competition toward price and quality, which can benefit the market by weeding out undercapitalized retailers and reducing overall distribution costs. [Chapter 6: Alliance Contracts under Austrian Law]: This chapter discusses 'alliances' between producers, workers, and raw material suppliers. Ettinger highlights the 'Birmingham system' of E. J. Smith as a model. These alliances use exclusive dealing agreements to ensure fair wages and stable prices. Ettinger argues these are legally defensible in Austria as they protect legitimate economic interests and do not violate the Coalition Law's prohibitions on anti-worker agreements. [Chapter 7: Usury and Sanity Cartels]: Ettinger distinguishes between exploitative 'usury' cartels and 'sanity' cartels that stabilize markets. He uses Böhm-Bawerk's price theory to show that prices in free competition are often set by the least efficient producer. Cartels that maintain these prices while increasing efficiency through organization do not harm the public. He provides data from the German coal and American steel industries to show that cartels often moderate price spikes during booms. [Chapter 8: Organization and Contract Techniques for Finished Goods Cartels]: Ettinger details the technical challenges of organizing cartels in industries producing finished goods (like clothing). He argues against joint-stock fusions due to high taxes and loss of entrepreneurial flexibility. Instead, he recommends cooperatives with profit-sharing quotas. This allows small firms to remain independent while benefiting from collective sales, reduced distribution costs, and export subsidies. [Chapter 9: The Tasks of the Promoter]: This chapter outlines the role of the 'promoter' as an educator and mediator for an industry. The promoter must navigate legal risks, reconcile conflicting interests, and build solidarity. Ettinger uses the umbrella industry (Schirmbranche) as a case study for how a promoter can implement complex quota systems and collective action without violating restrictive laws. [Chapter 10: The Blessings of Free Competition]: Ettinger challenges the dogmatic belief in the 'blessings' of free competition. He argues that unregulated competition leads to massive waste, such as redundant railway lines and excessive advertising costs. He suggests that large-scale organizations (like the Standard Oil Trust) can actually lower consumer prices by eliminating these inefficiencies, provided their monopoly power is managed. [Chapter 11: The Monopolization Tendency in Modern Economic Order]: Ettinger applies Austrian value theory to explain the inherent tendency toward monopolization. He argues that in large-scale industry, falling production costs meet falling marginal utility, but market prices remain uniform. This creates a drive to restrict production to maintain profitability, leading to unemployment and the 'industrial reserve army.' He posits that cartels are a response to this structural instability of the exchange economy. [Chapter 12: The Expansion of Our Economic System]: Ettinger envisions a 'welfare state' that harmonizes the interests of organized producers and consumers. He argues that 'cartelization on the whole line' could eliminate economic anarchy and the waste of competition while preserving individual freedom and self-responsibility. He rejects both pure Manchesterism and Communism, advocating for an organized individualism where alliances between labor and capital stabilize the national economy against foreign competition. [Appendix I: Model Statute for a Syndicate]: A complete model statute for the 'Syndicate of Austro-Hungarian Umbrella Industrialists,' structured as a registered cooperative with limited liability. It covers purpose, membership, management, profit distribution based on quotas, and collective debt collection (Inkasso). [Appendix II: Explanations for the Quota Agreement]: Detailed explanations of the economic logic behind the quota agreement. It discusses how quotas increase capital value by reducing risk, how profit sharing prevents cartel breaches, and how collective handling of bad debt (Delkredere) and export premiums benefits the entire industry. [Appendix III: Condition Cartel Agreement]: A model agreement for a condition cartel, specifically for the tie-making industry. It defines uniform payment terms, skonto rates, and penalties for violations. It also includes a cross-border contract between the Viennese and Krefeld (German) associations. [Appendix IV: Cartel Agreement Template]: A template for a formal cartel agreement, focusing on profit sharing, quota calculation based on historical averages, and the role of a leading committee and neutral trustee in enforcing the contract. [Appendix V: Alliance Declaration]: A model declaration for an alliance between a syndicate and its suppliers. It establishes exclusive dealing rights, prohibits the copying of patterns, and sets out penalties for selling to non-syndicate members. [Appendix VI: Labor Tariff Protocol]: A protocol for establishing a minimum wage tariff and a joint control commission between employers and workers. It includes provisions for an arbitration board and measures to prevent strikes through contractual compliance. [Appendix VII: Overview of Cartels by Country]: A comprehensive list of industries that have been cartelized or fused into trusts across America, Belgium, Germany, England, France, Italy, Japan, Austria-Hungary, Russia, Switzerland, and Spain.
This segment contains the standard English-language disclaimer and usage guidelines for books digitized by Google. It explains that the book is in the public domain, discusses the mission of Google Book Search, and outlines restrictions on commercial use and automated querying.
Read full textThis segment provides the German translation of the Google Book Search digitization notice. It details the legal status of public domain works, the importance of maintaining Google watermarks, and the user's responsibility regarding international copyright laws.
Read full textThe title page and library acquisition stamp for Ettinger's work on the regulation of competition within the modern economic system, specifically focused on the Austrian context.
Read full textTitle page and detailed table of contents for Dr. Markus Ettinger's work on the regulation of competition and cartels in Austria, featuring a preface by Karl Menger.
Read full textKarl Menger discusses the scientific and legislative uncertainty surrounding cartels. He argues that cartels are a natural outgrowth of modern industrial needs rather than artificial creations, and suggests that state intervention often fails because it lacks a clear scientific doctrine. He praises Ettinger's work for bridging the gap between legal theory and the practical needs of industrial enterprises.
Read full textA comprehensive bibliography of literature on cartels, trusts, and industrial associations, organized by country including Belgium, England, America, France, Holland, Italy, Austria, Germany, Poland, Russia, Switzerland, and Hungary.
Read full textEttinger introduces the urgency of the cartel problem for Austrian legislation and industry. He argues that free competition alone does not guarantee technical progress or security, and that the Austrian judiciary must adapt to modern economic realities. He outlines his goal to provide a practical guide for promoters and lawyers while applying Menger's economic theories to the legal validity of cartels.
Read full textEttinger critiques the Austrian Supreme Court's restrictive interpretation of the 1870 Coalition Law (Koalitionsgesetz). He argues that not all price agreements are detrimental to the public; many are necessary for industrial survival and can actually lower costs by reducing 'faux frais' (distribution costs). He contrasts the Austrian approach with the more economically literate German Reichsgericht, which recognizes cartels as a legitimate tool for economic stability.
Read full textThis chapter explores how competition can be legally regulated through the formation of formal legal entities like cooperatives (Genossenschaften) and joint-stock companies. Ettinger argues that these forms are immune to the Coalition Law because they involve a merger of interests rather than a mere agreement between independent actors. He emphasizes that the 1873 Cooperative Law explicitly allows for collective sales bureaus, effectively legalizing high-level cartel functions.
Read full textEttinger analyzes the legal boundaries between legitimate organizational pressure and criminal extortion. He discusses the strike as a tool that technically meets the criteria of extortion but is legalized by the Coalition Law. He argues for the legality of using economic pressure (like withholding supplies or labor) to enforce cartel discipline and 'alliances' between producers and workers, provided no illegal threats are made.
Read full textUsing Robert Liefmann's typology, Ettinger examines how different cartel forms (production regulation, territorial division, profit sharing, etc.) interact with Austrian law. He concludes that most forms are legally valid unless they explicitly aim for a price increase detrimental to the public or violate 'good morals' (gute Sitten).
Read full textEttinger argues that 'condition cartels' (agreements on payment terms, credit, and delivery conditions) are fully valid under Austrian law. He explains that regulating these conditions shifts competition toward price and quality, which can benefit the market by weeding out undercapitalized retailers and reducing overall distribution costs.
Read full textThis chapter discusses 'alliances' between producers, workers, and raw material suppliers. Ettinger highlights the 'Birmingham system' of E. J. Smith as a model. These alliances use exclusive dealing agreements to ensure fair wages and stable prices. Ettinger argues these are legally defensible in Austria as they protect legitimate economic interests and do not violate the Coalition Law's prohibitions on anti-worker agreements.
Read full textEttinger distinguishes between exploitative 'usury' cartels and 'sanity' cartels that stabilize markets. He uses Böhm-Bawerk's price theory to show that prices in free competition are often set by the least efficient producer. Cartels that maintain these prices while increasing efficiency through organization do not harm the public. He provides data from the German coal and American steel industries to show that cartels often moderate price spikes during booms.
Read full textEttinger details the technical challenges of organizing cartels in industries producing finished goods (like clothing). He argues against joint-stock fusions due to high taxes and loss of entrepreneurial flexibility. Instead, he recommends cooperatives with profit-sharing quotas. This allows small firms to remain independent while benefiting from collective sales, reduced distribution costs, and export subsidies.
Read full textThis chapter outlines the role of the 'promoter' as an educator and mediator for an industry. The promoter must navigate legal risks, reconcile conflicting interests, and build solidarity. Ettinger uses the umbrella industry (Schirmbranche) as a case study for how a promoter can implement complex quota systems and collective action without violating restrictive laws.
Read full textEttinger challenges the dogmatic belief in the 'blessings' of free competition. He argues that unregulated competition leads to massive waste, such as redundant railway lines and excessive advertising costs. He suggests that large-scale organizations (like the Standard Oil Trust) can actually lower consumer prices by eliminating these inefficiencies, provided their monopoly power is managed.
Read full textEttinger applies Austrian value theory to explain the inherent tendency toward monopolization. He argues that in large-scale industry, falling production costs meet falling marginal utility, but market prices remain uniform. This creates a drive to restrict production to maintain profitability, leading to unemployment and the 'industrial reserve army.' He posits that cartels are a response to this structural instability of the exchange economy.
Read full textEttinger envisions a 'welfare state' that harmonizes the interests of organized producers and consumers. He argues that 'cartelization on the whole line' could eliminate economic anarchy and the waste of competition while preserving individual freedom and self-responsibility. He rejects both pure Manchesterism and Communism, advocating for an organized individualism where alliances between labor and capital stabilize the national economy against foreign competition.
Read full textA complete model statute for the 'Syndicate of Austro-Hungarian Umbrella Industrialists,' structured as a registered cooperative with limited liability. It covers purpose, membership, management, profit distribution based on quotas, and collective debt collection (Inkasso).
Read full textDetailed explanations of the economic logic behind the quota agreement. It discusses how quotas increase capital value by reducing risk, how profit sharing prevents cartel breaches, and how collective handling of bad debt (Delkredere) and export premiums benefits the entire industry.
Read full textA model agreement for a condition cartel, specifically for the tie-making industry. It defines uniform payment terms, skonto rates, and penalties for violations. It also includes a cross-border contract between the Viennese and Krefeld (German) associations.
Read full textA template for a formal cartel agreement, focusing on profit sharing, quota calculation based on historical averages, and the role of a leading committee and neutral trustee in enforcing the contract.
Read full textA model declaration for an alliance between a syndicate and its suppliers. It establishes exclusive dealing rights, prohibits the copying of patterns, and sets out penalties for selling to non-syndicate members.
Read full textA protocol for establishing a minimum wage tariff and a joint control commission between employers and workers. It includes provisions for an arbitration board and measures to prevent strikes through contractual compliance.
Read full textA comprehensive list of industries that have been cartelized or fused into trusts across America, Belgium, Germany, England, France, Italy, Japan, Austria-Hungary, Russia, Switzerland, and Spain.
Read full text