v3 Chapter 327: Institutional innovation

"Trust is an advanced form of monopoly, and its purpose is to maximize profits, which means that companies that produce the same commodity, or companies that are more closely related in reproduction, unite to form a monopoly.

Since the industrial revolution of the last century, the industry has developed rapidly. Britain and France took the lead in industrialization, followed by the Netherlands.

By the beginning of the 19th century, the northern and southern parts of Millikin had long been separated, with the latter dominated by plantations, while the northern part was dominated by industrialization.

In 1804, during the time of Thomas Jefferson, the third president of Millikin (1801-1809, before Watson and Adams), industrialization accelerated in the north. In the 1920s, Milliken's textile industry surpassed that of Britain, the world's largest, and the import turned into an exporter. The country's monopoly is the fastest growing in the Commonwealth of Michigan.

Even on the grounds of attacking the British textile industry, they gradually gathered together and formed a trust monopoly, which was followed by countless Millikin companies.

In this regard, the United Kingdom is not to be outdone. Domestic textile giants have formed chambers of commerce one after another, intending to overwhelm the Commonwealth of Millikin in terms of competitiveness.

Dumping activities to lower prices, after crushing the other side, raise prices on the grounds of reduced supply to seek huge profits, which makes the people miserable.

Trust organizations often abuse the privileged market to intervene, and then monopolize, posing a serious threat to the people in the middle and lower classes of society and some small and medium-sized companies. In order to continue to survive, the middle class hopes to prohibit the reckless behavior of trust organizations and restore it to the time before the emergence of trusts. state, so this social movement of anti-thrust was launched. "

In the Kingdom of the Netherlands, members of the Dutch Privy Council are listening to Prime Minister Tolbek expounding on the antitrust law movement that has been making a lot of noise recently.

He said: "At present, we in the Netherlands have broken down because of the Wilhelm Group, and other major Dutch monopoly consortia have followed suit. The situation in the Netherlands has gradually subsided, but the rest of the world continues to be noisy, and the most serious is the United Kingdom and the United Kingdom. France"

Speaking of which, he secretly glanced at William IV next to him.

I saw that His Majesty William IV was calm and steady, and it seemed that he was always so wise in his hand.

Seeing this, he admired: "Your Majesty is indeed Your Majesty, everything is in your plan. Originally thought that the members of the International Hague Tribunal would sanction the French Empire, it was already the most powerful trick, but now I found out that it was us people. Superficial, His Majesty's actions are far from simple.

Who would have thought that the antitrust movement in the Netherlands was actually driven by you, Your Majesty. People in France and the United Kingdom never expected that you would use the 800 to damage yourself and 1000 to the enemy. tricks"

The Chancellor of the Exchequer, Jane von Capellor, also sighed: "Yeah, Ambassador Napoleon III never imagined that the 2 million demonstrations in Paris are actually driven by us. The precarious situation in the Far East is now in Paris. Under the turmoil, it was relieved.

This bought more time for Rama IV of the Kingdom of Siam, and also found more excuses for the anti-war people in the French Empire. After this incident, the war-weariness in the French Empire will rise sharply. I have There is a premonition that the French Empire will soon cease fighting in the Far East. "

The Minister of Justice Ross also nodded and said: "Napoleon III is very happy with his achievements. Originally, he lost face because the invasion of the Kingdom of Siam failed to achieve the desired effect. He regretted the invasion of the Far East. Now the chaos in the French Empire is actually Provided him with a legitimate reason to retreat, I think, His Majesty's such a move is a gift to Napoleon III."

"Don't say it, but it seems to be the case." Home Secretary Jonrell said.

Everyone expressed their opinions and analyzed the advantages and disadvantages of the French Empire, but the analysis was very thorough.

Foreign Minister Hesbet Feng looked at the enthusiasm of all his colleagues, but he followed his thoughts to correspond with his own thoughts. He raised his head and glanced at William IV at the top. From beginning to end, His Majesty did not seem to intervene.

He glanced at Prime Minister Tolbeck and smiled wryly. How would the colleagues in front of me know that, in fact, although His Majesty's action this time is meant to target the large enterprises of the French Empire and the United Kingdom, but this is not a harvest operation that threatens the royal power and the power of the Dutch cabinet government at home.

William IV said solemnly at this time: "Since the resumption of the Kingdom of the Netherlands in 1815, the domestic capital consortium has grown into a towering tree after half a century of development. Although the East Holland East India Company was annexed by the United Kingdom in the last century The core technology was later disbanded, but the foundation was still there, and the structure of the 17-member board of directors was still there. That's why I suppressed them in 1857 and pulled them into the William Group, and let them put half of their worth in it. Come, absorb their nutrients and energy, and finally created the rise of the William Group, but it also interrupted their self-reliance. They can only take dividends.

The same goes for other emerging consortia in the Netherlands.

What I want is an obedient and controlled consortium that is good for the development of the Netherlands and will not become a consortium tycoon that blocks the normal operation of the system. "

William IV shot all the members of the Privy Council present with his sharp eyes, and the people he swept towards fell down.

"Many of you here are more or less related to major financial groups, and everyone understands what's going on. Capital is power, but power itself can sometimes be exchanged for capital. But this conversion process There may be violations of the law and even cause public grievances.

Of course, consortiums are bound to exist, because industrialization requires consortia as leaders to lead social progress, just like clenching five fingers to form a powerful fist.

The William Group has broken down but their shareholders are still the people behind you. Similarly, antitrust is also necessary, because it is a necessary tool for the state to check and balance the monopoly consortium.

The words of William IV made everyone here agree that checks and balances are needed. If there are no checks and balances, then the consortium will be lawless, and then the world will really be in chaos.

"The size of the Netherlands is not comparable to that of the United Kingdom, the French Empire, the Prussian Palace, the Tsarist Empire, etc., and even the United States and Spain in the market. However, we can start with advanced management, just like the International Court of Justice in The Hague, which was established before. , the International Federation of Red Cross and the International Federation of Women's Associations, we can use the flexibility of institutional innovation to defeat each other and seize a more powerful advantage over us."

Institutional innovation? What does your majesty mean?

Everyone couldn't help but look at William IV.

Unconsciously, the top official managers of the Kingdom of the Netherlands became dependent on William IV. Although this was not a good habit, for William IV, he did not want an innovative genius in administrative management, because in his head Filled with. What he needs is a serious and dedicated executor, and this is enough

At least for now, that's how it is.