Competition; Monopolies -- United States; Trusts, Industrial
Leaving the questions which this statement opens up, for later
consideration, let us consider the other classes of occupations in which
men engage for the purpose of gain, and see if this far-reaching
movement towards the destruction of competition has infected them, and
whether it has proved, or can prove, so successful there as it has in
the industries considered in preceding chapters.
The third great class of occupations, rendering professional or personal
service, gives employment to over four million persons (4,074,328), and
includes in its members those in widely separated ranks of society.
It is, of course, true that the competition in the professions is far
more a competition of ability, real or supposed, than it is a
competition of price; and the former is a competition which is never
likely to be done away with. Yet in all occupations, to a greater or
less degree, there tends to arise more or less competition in relation
to price, and the professions are not entirely exempt. Lawyers, indeed,
seem never to have felt the necessity of fixing any minimum tariff of
fees; and so far as is known, clergymen have never combined to advance
their salaries. But the medical profession has its well known code of
ethics which debars its members from "pushing their business," and has,
in certain places and times at least, prescribed a minimum tariff of
fees. It should be clearly understood, however, that this is not cited
with the intention of putting any aspersion upon the medical profession
in any way. The services which are freely rendered to the poor, and the
disgusting indecencies and insults which are thrust upon the public by
some who choose to ignore this code of medical ethics, would make us
ready to forgive very much worse things than a possible tendency among
members of the profession to refrain from "cutting under each other" in
the matter of fees.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account