Where and Why Public Ownership has Failed

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One of several books Guyot wrote attacking socialism in the late 19th and early 20th centuries. In this volume, drawing upon his experience as the French Minister for Public Works, Guyot discusses the differences between public and private trading, with reference to railways, trams, public housing, and various government monopolies, and examines the negative financial, administrative, political, and social consequeces, such as disorder, corruption, and waste.

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Where and Why Public Ownership has Failed, trans. H.F. Baker (London: Macmillan, 1914).

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The text is in the public domain.

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