15. What facts should be borne in mind in attacking the problem of industrial reform?
REQUIRED READINGS
1. Williamson, Readings in American Democracy, chapter x.
Or all of the following:
2. Ely, Outlines of Economics, chapter ii.
3. Fetter, Modern Economic Problems, chapter ii.
4. Hobson, Evolution of Modern Capitalism, chapter i.
5. Seligman, Principles of Economics, chapter ix.
QUESTIONS ON THE REQUIRED READINGS
1. Define capitalism. (Hobson, page 1.)