Chereads / Holy Roman Empire / Chapter 668 - Chapter 241: The Importance of Information

Chapter 668 - Chapter 241: The Importance of Information

Government guidance, still, couldn't withstand the enthusiasm of capital; interests are always alluring, blinding people to risks.

Without government support, they had to find ways to reduce costs, such as: locating factories in suburban areas, or convenient small towns, where land costs could be greatly reduced.

Without tax incentives, it was no problem, as Prusso-Russia was buying aggressively, and factory profits were now ample; they could afford to overlook those few percentage points.

"Good advice is wasted on the damned, and great mercy won't save those who refuse to save themselves."

Watching capital fling itself into the fire like moths, Franz had no choice but to turn a blind eye.

The madness of the market, besides greed, was also a more serious social problem. The capitalist world's economy was facing industrial overcapacity once again, especially in the Anglo-Austrian two countries.

This is the end of Part One, download Chereads app to continue:

DOWNLOAD APP FOR FREEVIEW OTHER BOOKS