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Chapter VI. Fourth Period. — Monopoly

2. — The disasters in labor and the perversion of ideas caused by monopoly.

Like competition, monopoly implies a contradiction in its name and its definition. In fact, since consumption and production are identical things in society, and since selling is synonymous with buying, whoever says privilege of sale or exploitation necessarily says privilege of consumption and purchase: which ends in the denial of both. Hence a prohibition of consumption as well as of production laid by monopoly upon the wage-receivers. Competition was civil war, monopoly is the massacre of the prisoners.

These various propositions are supported by all sorts of evidence, — physical, algebraic, and metaphysical. What I shall add will be only the amplified exposition: their simple announcement demonstrates them.

Every society considered in its economic relations naturally divides itself into capitalists and laborers, employers and wage-receivers, distributed upon a scale whose degrees mark the income of each, whether this income be composed of wages, profit, interest, rent, or dividends.

From this hierarchical distribution of persons and incomes it follows that Say’s principle just referred to: In a nation the net product is equal to the gross product, is no longer true, since, in consequence of monopoly, the selling price is much higher than the cost price. Now, as it is the cost price nevertheless which must pay the selling price, since a nation really has no market but itself, it follows that exchange, and consequently circulation and life, are impossible.

In France, twenty millions of laborers, engaged in all the branches of science, art, and industry, produce everything which is useful to man. Their aggregate annual wages amount, it is estimated, to twenty thousand millions; but, in consequence of the profit (net product and interest) accruing to monopolists, twenty-five thousand millions must be paid for their products. Now, as the nation has no other buyers than its wage-receivers and wage-payers, and as the latter do not pay for the former, and as the selling-price of merchandise is the same for all, it is clear that, to make circulation possible, the laborer would have to pay five for that for which he has received but four. — What is Property: Chapter IV. [17]

This, then, is the reason why wealth and poverty are correlative, inseparable, not only in idea, but in fact; this is the reason why they exist concurrently; this is what justifies the pretension of the wage-receiver that the rich man possesses no more than the poor man, except that of which the latter has been defrauded. After the monopolist has drawn up his account of cost, profit, and interest, the wage-paid consumer draws up his; and he finds that, though promised wages stated in the contract as one hundred, he has really been given but seventy-five. Monopoly, therefore, puts the wage-receivers into bankruptcy, and it is strictly true that it lives upon the spoils.

Six years ago I brought out this frightful contradiction: why has it not been thundered through the press? Why have no teachers of renown warned public opinion? Why have not those who demand political rights for the workingman proclaimed that he is robbed? Why have the economists kept silent? Why?

Our revolutionary democracy is so noisy only because it fears revolutions: but, by ignoring the danger which it dares not look in the face, it succeeds only in increasing it. “We resemble,” says M. Blanqui, “firemen who increase the quantity of steam at the same time that they place weights on the safety-valve.” Victims of monopoly, console yourselves! If your tormentors will not listen, it is because Providence has resolved to strike them: Non audierunt, says the Bible, quia Deus volebat occidere eos.

Sale being unable to fulfil the conditions of monopoly, merchandise accumulates; labor has produced in a year what its wages will not allow it to consume in less than fifteen months: hence it must remain idle one-fourth of the year. But, if it remains idle, it earns nothing: how will it ever buy? And if the monopolist cannot get rid of his products, how will his enterprise endure? Logical impossibility multiplies around the workshop; the facts which translate it are everywhere.

“The hosiers of England,” says Eugene Buret, “had come to the point where they did not eat oftener than every other day. This state of things lasted eighteen months.” And he cites a multitude of similar cases.

But the distressing feature in the spectacle of monopoly’s effects is the sight of the unfortunate workingmen blaming each other for their misery and imagining that by uniting and supporting each other they will prevent the reduction of wages.

“The Irish,” says an observer, “have given a disastrous lesson to the working classes of Great Britain..... They have taught our laborers the fatal secret of confining their needs to the maintenance of animal life alone, and of contenting themselves, like savages, with the minimum of the means of subsistence sufficient to prolong life..... Instructed by this fatal example, yielding partly to necessity, the working classes have lost that laudable pride which led them to furnish their houses properly and to multiply about them the decent conveniences which contribute to happiness.”

I have never read anything more afflicting and more stupid. And what would you have these workingmen do? The Irish came: should they have been massacred? Wages were reduced: should death have been accepted in their stead? Necessity commanded, as you say yourselves. Then followed the interminable hours, disease, deformity, degradation, debasement, and all the signs of industrial slavery: all these calamities are born of monopoly and its sad predecessors, — competition, machinery, and the division of labor: and you blame the Irish!

At other times the workingmen blame their luck, and exhort themselves to patience: this is the counterpart of the thanks which they address to Providence, when labor is abundant and wages are sufficient.

I find in an article published by M. Leon Faucher, in the “Journal des Economistes” (September, 1845), that the English workingmen lost some time ago the habit of combining, which is surely a progressive step on which they are only to be congratulated, but that this improvement in the morale of the workingmen is due especially to their economic instruction.

“It is not upon the manufacturers,” cried a spinner at the meeting in Bolton, “that wages depend. In periods of depression the employers, so to speak, are only the lash with which necessity is armed; and whether they will or no, they have to strike. The regulative principle is the relation of supply to demand; and the employers have not this power.... Let us act prudently, then; let us learn to be resigned to bad luck and to make the most of good luck: by seconding the progress of our industry, we shall be useful not only to ourselves, but to the entire country.” [Applause.]

Very good: well-trained, model workmen, these! What men these spinners must be that they should submit without complaint to the lash of necessity, because the regulative principle of wages is supply and demand! M. Leon Faucher adds with a charming simplicity:

English workingmen are fearless reasoners. Give them a false principle, and they will push it mathematically to absurdity, without stopping or getting frightened, as if they were marching to the triumph of the truth.

For my part, I hope that, in spite of all the efforts of economic propagandism, French workingmen will never become reasoners of such power. Supply and demand, as well as the lash of necessity, has no longer any hold upon their minds. This was the one misery that England lacked: it will not cross the channel.

By the combined effect of division, machinery, net product, and interest, monopoly extends its conquests in an increasing progression; its developments embrace agriculture as well as commerce and industry, and all sorts of products. Everybody knows the phrase of Pliny upon the landed monopoly which determined the fall of Italy, latifundia perdidere Italiam. It is this same monopoly which still impoverishes and renders uninhabitable the Roman Campagna and which forms the vicious circle in which England moves convulsively; it is this monopoly which, established by violence after a war of races, produces all the evils of Ireland, and causes so many trials to O’Connell, powerless, with all his eloquence, to lead his repealers through this labyrinth. Grand sentiments and rhetoric are the worst remedy for social evils: it would be easier for O’Connell to transport Ireland and the Irish from the North Sea to the Australian Ocean than to overthrow with the breath of his harangues the monopoly which holds them in its grasp. General communions and sermons will do no more: if the religious sentiment still alone maintains the morale of the Irish people, it is high time that a little of that profane science, so much disdained by the Church, should come to the aid of the lambs which its crook no longer protects.

The invasion of commerce and industry by monopoly is too well known to make it necessary that I should gather proofs: moreover, of what use is it to argue so much when results speak so loudly? E. Buret’s description of the misery of the working-classes has something fantastic about it, which oppresses and frightens you. There are scenes in which the imagination refuses to believe, in spite of certificates and official reports. Couples all naked, hidden in the back of an unfurnished alcove, with their naked children; entire populations which no longer go to church on Sunday, because they are naked; bodies kept a week before they are buried, because the deceased has left neither a shroud in which to lay him out nor the wherewithal to pay for the coffin and the undertaker (and the bishop enjoys an income of from four to five hundred thousand francs); families heaped up over sewers, living in rooms occupied by pigs, and beginning to rot while yet alive, or dwelling in holes, like Albinoes; octogenarians sleeping naked on bare boards; and the virgin and the prostitute expiring in the same nudity: everywhere despair, consumption, hunger, hunger!.. And this people, which expiates the crimes of its masters, does not rebel! No, by the flames of Nemesis! when a people has no vengeance left, there is no longer any Providence for it.

Exterminations en masse by monopoly have not yet found their poets. Our rhymers, strangers to the things of this world, without bowels for the proletaire, continue to breathe to the moon their melancholy delights. What a subject for meditations, nevertheless, is the miseries engendered by monopoly!

It is Walter Scott who says:

Formerly, though many years since, each villager had his cow and his pig, and his yard around his house. Where a single farmer cultivates today, thirty small farmers lived formerly; so that for one individual, himself alone richer, it is true, than the thirty farmers of old times, there are now twenty-nine wretched day-laborers, without employment for their minds and arms, and whose number is too large by half. The only useful function which they fulfil is to pay, when they can, a rent of sixty shillings a year for the huts in which they dwell. [18]

A modern ballad, quoted by E. Buret, sings the solitude of monopoly:

Le rouet est silencieux dans la vallee: C’en est fait des sentiments de famille. Sur un peu de fumee le vieil aieul Etend ses mains pales; et le foyer vide Est aussi desole que son coeur. [19]

The reports made to parliament rival the novelist and the poet:

The inhabitants of Glensheil, in the neighborhood of the valley of Dundee, were formerly distinguished from all their neighbors by the superiority of their physical qualities. The men were of high stature, robust, active, and courageous; the women comely and graceful. Both sexes possessed an extraordinary taste for poetry and music. Now, alas! a long experience of poverty, prolonged privation of sufficient food and suitable clothing, have profoundly deteriorated this race, once so remarkably fine.

This is a notable instance of the inevitable degradation pointed out by us in the two chapters on division of labor and machinery. And our litterateurs busy themselves with the pretty things of the past, as if the present were not adequate to their genius! The first among them to venture on these infernal paths has created a scandal in the coterie! Cowardly parasites, vile venders of prose and verse, all worthy of the wages of Marsyas! Oh! if your punishment were to last as long as my contempt, you would be forced to believe in the eternity of hell.

Monopoly, which just now seemed to us so well founded in justice, is the more unjust because it not only makes wages illusory, but deceives the workman in the very valuation of his wages by assuming in relation to him a false title, a false capacity.

M. de Sismondi, in his “Studies of Social Economy,” observes somewhere that, when a banker delivers to a merchant bank-notes in exchange for his values, far from giving credit to the merchant, he receives it, on the contrary, from him.

“This credit,” adds M. de Sismondi, “is in truth so short that the merchant scarcely takes the trouble to inquire whether the banker is worthy, especially as the former asks credit instead of granting it.”

So, according to M. de Sismondi, in the issue of bank paper, the functions of the merchant and the banker are inverted: the first is the creditor, and the second is the credited.

Something similar takes place between the monopolist and wage-receiver.

In fact, the workers, like the merchant at the bank, ask to have their labor discounted; in right, the contractor ought to furnish them bonds and security. I will explain myself.

In any exploitation, no matter of what sort, the contractor cannot legitimately claim, in addition to his own personal labor, anything but the IDEA: as for the EXECUTION, the result of the cooperation of numerous laborers, that is an effect of collective power, with which the authors, as free in their action as the chief, can produce nothing which should go to him gratuitously. Now, the question is to ascertain whether the amount of individual wages paid by the contractor is equivalent to the collective effect of which I speak: for, were it otherwise, Say’s axiom, Every product is worth what it costs, would be violated.

“The capitalist,” they say, “has paid the laborers their daily wages at a rate agreed upon; consequently he owes them nothing.” To be accurate, it must be said that he has paid as many times one day’s wage as he has employed laborers, — which is not at all the same thing. For he has paid nothing for that immense power which results from the union of laborers and the convergence and harmony of their efforts; that saving of expense, secured by their formation into a workshop; that multiplication of product, foreseen, it is true, by the capitalist, but realized by free forces. Two hundred grenadiers, working under the direction of an engineer, stood the obelisk upon its base in a few hours; do you think that one man could have accomplished the same task in two hundred days? Nevertheless, on the books of the capitalist, the amount of wages is the same in both cases, because he allots to himself the benefit of the collective power. Now, of two things one: either this is usurpation on his part, or it is error. -What is Property: Chapter III.

To properly exploit the mule-jenny, engineers, builders, clerks, brigades of workingmen and workingwomen of all sorts, have been needed. In the name of their liberty, of their security, of their future, and of the future of their children, these workmen, on engaging to work in the mill, had to make reserves; where are the letters of credit which they have delivered to the employers? Where are the guarantees which they have received? What! millions of men have sold their arms and parted with their liberty without knowing the import of the contract; they have engaged themselves upon the promise of continuous work and adequate reward; they have executed with their hands what the thought of the employers had conceived; they have become, by this collaboration, associates in the enterprise: and when monopoly, unable or unwilling to make further exchanges, suspends its manufacture and leaves these millions of laborers without bread, they are told to be resigned! By the new processes they have lost nine days of their labor out of ten; and for reward they are pointed to the lash of necessity flourished over them! Then, if they refuse to work for lower wages, they are shown that they punish themselves. If they accept the rate offered them, they lose that noble pride, that taste for decent conveniences which constitute the happiness and dignity of the workingman and entitle him to the sympathies of the rich. If they combine to secure an increase of wages, they are thrown into prison! Whereas they ought to prosecute their exploiters in the courts, on them the courts will avenge the violations of liberty of commerce! Victims of monopoly, they will suffer the penalty due to the monopolists! O justice of men, stupid courtesan, how long, under your goddess’s tinsel, will you drink the blood of the slaughtered proletaire?

Monopoly has invaded everything, — land, labor, and the instruments of labor, products and the distribution of pro ducts. Political economy itself has not been able to avoid admitting it.

“You almost always find across your path,” says M. Rossi, “some monopoly. There is scarcely a product that can be regarded as the pure and simple result of labor; accordingly the economic law which proportions price to cost of production is never completely realized. It is a formula which is profoundly modified by the intervention of one or another of the monopolies to which the instruments of production are subordinated. — Course in Political Economy: Volume I., page 143.

M. Rossi holds too high an office to give his language all the precision and exactness which science requires when monopoly is in question. What he so complacently calls a modification of economic formulas is but a long and odious violation of the fundamental laws of labor and exchange. It is in consequence of monopoly that in society, net product being figured over and above gross product, the collective laborer must repurchase his own product at a price higher than that which this product costs him, — which is contradictory and impossible; that the natural balance between production and consumption is destroyed; that the laborer is deceived not only in his settlements, but also as to the amount of his wages; that in his case progress in comfort is changed into an incessant progress in misery: it is by monopoly, in short, that all notions of commutative justice are perverted, and that social economy, instead of the positive science that it is, becomes a veritable utopia.

This disguise of political economy under the influence of monopoly is a fact so remarkable in the history of social ideas that we must not neglect to cite a few instances.

Thus, from the standpoint of monopoly, value is no longer that synthetic conception which serves to express the relation of a special object of utility to the sum total of wealth: monopoly estimating things, not in their relation to society, but in their relation to itself, value loses its social character, and is nothing but a vague, arbitrary, egoistic, and essentially variable thing. Starting with this principle, the monopolist extends the term product to cover all sorts of servitude, and applies the idea of capital to all the frivolous and shameful industries which his passions and vices exploit. The charms of a courtesan, says Say, are so much capital, of which the product follows the general law of values, — namely, supply and demand. Most of the works on political economy are full of such applications. But as prostitution and the state of dependence from which it emanates are condemned by morality, M. Rossi will bid us observe the further fact that political economy, after having modified its formula in consequence of the intervention of monopoly, will have to submit to a new corrective, although its conclusions are in themselves irreproachable. For, he says, political economy has nothing in common with morality: it is for us to accept it, to modify or correct its formulas, whenever our welfare, that of society, and the interests of morality call for it. How many things there are between political economy and truth!

Likewise, the theory of net product, so highly social, progressive, and conservative, has been individualized, if I may say so, by monopoly, and the principle which ought to secure society’s welfare causes its ruin. The monopolist, always striving for the greatest possible net product, no longer acts as a member of society and in the interest of society; he acts with a view to his exclusive interest, whether this interest be contrary to the social interest or not. This change of perspective is the cause to which M. de Sismondi attributes the depopulation of the Roman Campagna. From the comparative researches which he has made regarding the product of the agro romano when in a state of cultivation and its product when left as pasture-land, he has found that the gross product would be twelve times larger in the former case than in the latter; but, as cultivation demands relatively a greater number of hands, he has discovered also that in the former case the net product would be less. This calculation, which did not escape the proprietors, sufficed to confirm them in the habit of leaving their lands uncultivated, and hence the Roman Campagna is uninhabited.

“All parts of the Roman States,” adds M. de Sismondi, “present the same contrast between the memories of their prosperity in the Middle Ages and their present desolation. The town of Ceres, made famous by Renzo da Ceri, who defended by turns Marseilles against Charles V. and Geneva against the Duke of Savoy, is nothing but a solitude. In all the fiefs of the Orsinis and the Colonnes not a soul. From the forests which surround the pretty Lake of Vico the human race has disappeared; and the soldiers with whom the formidable prefect of Vico made Rome tremble so often in the fourteenth century have left no descendants. Castro and Ronciglione are desolated.” — Studies in Political Economy.

In fact, society seeks the greatest possible gross product, and consequently the greatest possible population, because with it gross product and net product are identical. Monopoly, on the contrary, aims steadily at the greatest net product, even though able to obtain it only at the price of the extermination of the human race.

Under this same influence of monopoly, interest on capital, perverted in its idea, has become in turn a principle of death to society. As we have explained it, interest on capital is, on the one hand, the form under which the laborer enjoys his net product, while utilizing it in new creations; on the other, this interest is the material bond of solidarity between producers, viewed from the standpoint of the increase of wealth. Under the first aspect, the aggregate interest paid can never exceed the amount of the capital itself; under the second, interest allows, in addition to reimbursement, a premium as a reward of service rendered. In no case does it imply perpetuity.

But monopoly, confounding the idea of capital, which is attributable only to the creations of human industry, with that of the exploitable material which nature has given us, and which belongs to all, and favored moreover in its usurpation by the anarchical condition of a society in which possession can exist only on condition of being exclusive, sovereign, and perpetual, — monopoly has imagined and laid it down as a principle that capital, like land, animals, and plants, had in itself an activity of its own, which relieved the capitalist of the necessity of contributing anything else to exchange and of taking any part in the labors of the workshop. From this false idea of monopoly has come the Greek name of usury, tokos, as much as to say the child or the increase of capital, which caused Aristotle to perpetrate this witticism: coins beget no children. But the metaphor of the usurers has prevailed over the joke of the Stagyrite; usury, like rent, of which it is an imitation, has been declared a perpetual right; and only very lately, by a half-return to the principle, has it reproduced the idea of redemption.

Such is the meaning of the enigma which has caused so many scandals among theologians and legists, and regarding which the Christian Church has blundered twice, — first, in condemning every sort of interest, and, second, in taking the side of the economists and thus contradicting its old maxims. Usury, or the right of increase, is at once the expression and the condemnation of monopoly; it is the spoliation of labor by organized and legalized capital; of all the economic subversions it is that which most loudly accuses the old society, and whose scandalous persistence would justify an unceremonious and uncompensated dispossession of the entire capitalistic class.

Finally, monopoly, by a sort of instinct of self-preservation, has perverted even the idea of association, as something that might infringe upon it, or, to speak more accurately, has not permitted its birth.

Who could hope today to define what association among men should be? The law distinguishes two species and four varieties of civil societies, and as many commercial societies, from the simple partnership to the joint-stock company. I have read the most respectable commentaries that have been written upon all these forms of association, and I declare that I have found in them but one application of the routine practices of monopoly between two or more partners who unite their capital and their efforts against everything that produces and consumes, that invents and exchanges, that lives and dies. The sine qua non of all these societies is capital, whose presence alone constitutes them and gives them a basis; their object is monopoly, — that is, the exclusion of all other laborers and capitalists, and consequently the negation of social universality so far as persons are concerned.

Thus, according to the definition of the statute, a commercial society which should lay down as a principle the right of any stranger to become a member upon his simple request, and to straightway enjoy the rights and prerogatives of associates and even managers, would no longer be a society; the courts would officially pronounce its dissolution, its nonexistence. So, again, articles of association in which the contracting parties should stipulate no contribution of capital, but, while reserving to each the express right to compete with all, should confine themselves to a reciprocal guarantee of labor and wages, saying nothing of the branch of exploitation, or of capital, or of interest, or of profit and loss, — such articles would seem contradictory in their tenor, as destitute of purpose as of reason, and would be annulled by the judge on the complaint of the first rebellious associate. Covenants thus drawn up could give rise to no judicial action; people calling themselves the associates of everybody would be considered associates of nobody; treatises contemplating guarantee and competition between associates at the same time, without any mention of social capital and without any designation of purpose, would pass for a work of transcendental charlatanism, whose author could readily be sent to a madhouse, provided the magistrates would consent to regard him as only a lunatic.

And yet it is proved, by the most authentic testimony which history and social economy furnish, that humanity has been thrown naked and without capital upon the earth which it cultivates; consequently that it has created and is daily creating all the wealth that exists; that monopoly is only a relative view serving to designate the grade of the laborer, with certain conditions of enjoyment; and that all progress consists, while indefinitely multiplying products, in determining their proportionality, — that is, in organizing labor and comfort by division, machinery, the workshop, education, and competition. On the other hand, it is evident that all the tendencies of humanity, both in its politics and in its civil laws, are towards universalization, — that is, towards a complete transformation of the idea of society as determined by our statutes.

Whence I conclude that articles of association which should regulate, no longer the contribution of the associates, — since each associate, according to the economic theory, is supposed to possess absolutely nothing upon his entrance into society, — but the conditions of labor and exchange, and which should allow access to all who might present themselves, — I conclude, I say, that such articles of association would contain nothing that was not rational and scientific, since they would be the very expression of progress, the organic formula of labor, and since they would reveal, so to speak, humanity to itself by giving it the rudiment of its constitution.

Now, who, among the jurisconsults and economists, has ever approached even within a thousand leagues of this magnificent and yet so simple idea?

“I do not think,” says M. Troplong, “that the spirit of association is called to greater destinies than those which it has accomplished in the past and up to the present time... ; and I confess that I have made no attempt to realize such hopes, which I believe exaggerated.... There are well-defined limits which association should not overstep. No! association is not called upon in France to govern everything. The spontaneous impulse of the individual mind is also a living force in our nation and a cause of its originality....

“The idea of association is not new.... Even among the Romans we see the commercial society appear with all its paraphernalia of monopolies, corners, collusions, combinations, piracy, and venality.... The joint-stock company realizes the civil, commercial, and maritime law of the Middle Ages: at that epoch it was the most active instrument of labor organized in society.... From the middle of the fourteenth century we see societies form by stock subscriptions; and up to the time of Law’s discomfiture, we see their number continually increase.... What! we marvel at the mines, factories, patents, and newspapers owned by stock companies! But two centuries ago such companies owned islands, kingdoms, almost an entire hemisphere. We proclaim it a miracle that hundreds of stock subscribers should group themselves around an enterprise; but as long ago as the fourteenth century the entire city of Florence was in similar silent partnership with a few merchants, who pushed the genius of enterprise as far as possible. Then, if our speculations are bad, if we have been rash, imprudent, or credulous, we torment the legislator with our cavilling complaints; we call upon him for prohibitions and nullifications. In our mania for regulating everything, even that which is already codified; for enchaining everything by texts reviewed, corrected, and added to; for administering everything, even the chances and reverses of commerce, — we cry out, in the midst of so many existing laws: ‘There is still something to do!’”

M. Troplong believes in Providence, but surely he is not its man. He will not discover the formula of association clamored for today by minds disgusted with all the protocols of combination and rapine of which M. Troplong unrolls the picture in his commentary. M. Troplong gets impatient, and rightly, with those who wish to enchain everything in texts of laws; and he himself pretends to enchain the future in a series of fifty articles, in which the wisest mind could not discover a spark of economic science or a shadow of philosophy. In our mania, he cries, for regulating everything, EVEN THAT WHICH IS ALREADY CODIFIED!.... I know nothing more delicious than this stroke, which paints at once the jurisconsult and the economist. After the Code Napoleon, take away the ladder!...

“Fortunately,” M. Troplong continues, “all the projects of change so noisily brought to light in 1837 and 1838 are forgotten today. The conflict of propositions and the anarchy of reformatory opinions have led to negative results. At the same time that the reaction against speculators was effected, the common sense of the public did justice to the numerous official plans of organization, much inferior in wisdom to the existing law, much less in harmony with the usages of commerce, much less liberal, after 1830, than the conceptions of the imperial Council of State! Now order is restored in everything, and the commercial code has preserved its integrity, its excellent integrity. When commerce needs it, it finds, by the side of partnership, temporary partnership, and the joint-stock company, the free silent partnership, tempered only by the prudence of the silent partners and by the provisions of the penal code regarding swindling.” — Troplong: Civil and Commercial Societies: Preface.

What a philosophy is that which rejoices in the miscarriage of reformatory endeavors, and which counts its triumphs by the negative results of the spirit of inquiry! We cannot now enter upon a more fundamental criticism of the civil and commercial societies, which have furnished M. Troplong material for two volumes. We will reserve this subject for the time when, the theory of economic contradictions being finished, we shall have found in their general equation the programme of association, which we shall then publish in contrast with the practice and conceptions of our predecessors.

A word only as to silent partnership.

One might think at first blush that this form of joint-stock company, by its expansive power and by the facility for change which it offers, could be generalized in such a way as to take in an entire nation in all its commercial and industrial relations. But the most superficial examination of the constitution of this society demonstrates very quickly that the sort of enlargement of which it is susceptible, in the matter of the number of stockholders, has nothing in common with the extension of the social bond.

In the first place, like all other commercial societies, it is necessarily limited to a single branch of exploitation: in this respect it is exclusive of all industries foreign to that peculiarly its own. If it were otherwise, it would have changed its nature; it would be a new form of society, whose statutes would regulate, no longer the profits especially, but the distribution of labor and the conditions of exchange; it would be exactly such an association as M. Troplong denies and as the jurisprudence of monopoly excludes.

As for the personal composition of the company, it naturally divides itself into two categories, — the managers and the stockholders. The managers, very few in number, are chosen from the promoters, organizers, and patrons of the enterprise: in truth, they are the only associates. The stockholders, compared with this little government, which administers the society with full power, are a people of taxpayers who, strangers to each other, without influence and without responsibility, have nothing to do with the affair beyond their investments. They are lenders at a premium, not associates.

One can see from this how all the industries of the kingdom could be carried on by such companies, and each citizen, thanks to the facility for multiplying his shares, be interested in all or most of these companies without thereby improving his condition: it might happen even that it would be more and more compromised. For, once more, the stockholder is the beast of burden, the exploitable material of the company: not for him is this society formed. In order that association may be real, he who participates in it must do so, not as a gambler, but as an active factor; he must have a deliberative voice in the council; his name must be expressed or implied in the title of the society; everything regarding him, in short, should be regulated in accordance with equality. But these conditions are precisely those of the organization of labor, which is not taken into consideration by the code; they form the ULTERIOR object of political economy, and consequently are not to be taken for granted, but to be created, and, as such, are radically incompatible with monopoly. [20]

Socialism, in spite of its high-sounding name, has so far been no more fortunate than monopoly in the definition of society: we may even assert that, in all its plans of organization, it has steadily shown itself in this respect a plagiarist of political economy. M. Blanc, whom I have already quoted in discussing competition, and whom we have seen by turns as a partisan of the hierarchical principle, an officious defender of inequality, preaching communism, denying with a stroke of the pen the law of contradiction because he cannot conceive it, aiming above all at power as the final sanction of his system, — M. Blanc offers us again the curious example of a socialist copying political economy without suspecting it, and turning continually in the vicious circle of proprietary routine. M. Blanc really denies the sway of capital; he even denies that capital is equal to labor in production, in which he is in accord with healthy economic theories. But he can not or does not know how to dispense with capital; he takes capital for his point of departure; he appeals to the State for its silent partnership: that is, he gets down on his knees before the capitalists and recognizes the sovereignty of monopoly. Hence the singular contortions of his dialectics. I beg the reader’s pardon for these eternal personalities: but since socialism, as well as political economy, is personified in a certain number of writers, I cannot do otherwise than quote its authors.

“Has or has not capital,” said “La Phalange,” “in so far as it is a faculty in production, the legitimacy of the other productive faculties? If it is illegitimate, its pretensions to a share of the product are illegitimate; it must be excluded; it has no interest to receive: if, on the contrary, it is legitimate, it cannot be legitimately excluded from participation in the profits, in the increase which it has helped to create.”

The question could not be stated more clearly. M. Blanc holds, on the contrary, that it is stated in a very confused manner, which means that it embarrasses him greatly, and that he is much worried to find its meaning.

In the first place, he supposes that he is asked “whether it is equitable to allow the capitalist a share of the profits of production equal to the laborer’s.” To which M. Blanc answers unhesitatingly that that would be unjust. Then follows an outburst of eloquence to establish this injustice.

Now, the phalansterian does not ask whether the share of the capitalist should or should not be equal to the laborer’s; he wishes to know simply whether he is to have a share. And to this M. Blanc makes no reply.

Is it meant, continues M. Blanc, that capital is indispensable to production, like labor itself? Here M. Blanc distinguishes: he grants that capital is indispensable, as labor is, but not to the extent that labor is.

Once again, the phalansterian does not dispute as to quantity, but as to right.

Is it meant — it is still M. Blanc who interrogates — that all capitalists are not idlers? M. Blanc, generous to capitalists who work, asks why so large a share should be given to those who do not work? A flow of eloquence as to the impersonal services of the capitalist and the personal services of the laborer, terminated by an appeal to Providence.

For the third time, you are asked whether the participation of capital in profits is legitimate, since you admit that it is indispensable in production.

At last M. Blanc, who has understood all the time, decides to reply that, if he allows interest to capital, he does so only as a transitional measure and to ease the descent of the capitalists. For the rest, his project leading inevitably to the absorption of private capital in association, it would be folly and an abandonment of principle to do more. M. Blanc, if he had studied his subject, would have needed to say but a single phrase: “I deny capital.”

Thus M. Blanc, — and under his name I include the whole of socialism, — after having, by a first contradiction of the title of his book, “ORGANIZATION OF LABOR,” declared that capital was indispensable in production, and consequently that it should be organized and participate in profits like labor, by a second contradiction rejects capital from organization and refuses to recognize it: by a third contradiction he who laughs at decorations and titles of nobility distributes civic crowns, rewards, and distinctions to such litterateurs inventors, and artists as shall have deserved well of the country; he allows them salaries according to their grades and dignities; all of which is the restoration of capital as really, though not with the same mathematical precision, as interest and net product: by a fourth contradiction M. Blanc establishes this new aristocracy on the principle of equality, — that is, he pretends to vote masterships to equal and free associates, privileges of idleness to laborers, spoliation in short to the despoiled: by a fifth contradiction he rests this equalitarian aristocracy on the basis of a power endowed with great force, — that is, on despotism, another form of monopoly: by a sixth contradiction, after having, by his encouragements to labor and the arts, tried to proportion reward to service, like monopoly, and wages to capacity, like monopoly, he sets himself to eulogize life in common, labor and consumption in common, which does not prevent him from wishing to withdraw from the effects of common indifference, by means of national encouragements taken out of the common product, the grave and serious writers whom common readers do not care for: by a seventh contradiction.... but let us stop at seven, for we should not have finished at seventy-seven.

It is said that M. Blanc, who is now preparing a history of the French Revolution, has begun to seriously study political economy. The first fruit of this study will be, I do not doubt, a repudiation of his pamphlet on “Organization of Labor,” and consequently a change in all his ideas of authority and government. At this price the “History of the French Revolution,” by M. Blanc, will be a truly useful and original work.

All the socialistic sects, without exception, are possessed by the same prejudice; all, unconsciously, inspired by the economic contradiction, have to confess their powerlessness in presence of the necessity of capital; all are waiting, for the realization of their ideas, to hold power and money in their hands. The utopias of socialism in the matter of association make more prominent than ever the truth which we announced at the beginning: There is nothing in socialism which is not found in political economy; and this perpetual plagiarism is the irrevocable condemnation of both. Nowhere is to be seen the dawn of that mother-idea, which springs with so much eclat from the generation of the economic categories, — that the superior formula of association has nothing to do with capital, a matter for individual accounts, but must bear solely upon equilibrium of production, the conditions of exchange, the gradual reduction of cost, the one and only source of the increase of wealth. Instead of determining the relations of industry to industry, of laborer to laborer, of province to province, and of people to people, the socialists dream only of providing themselves with capital, always conceiving the problem of the solidarity of laborers as if it were a question of founding some new institution of monopoly. The world, humanity, capital, industry, business machinery, exist; it is a matter now simply of finding their philosophy, — in other words, of organizing them: and the socialists are in search of capital! Always outside of reality, is it astonishing that they miss it?

Thus M. Blanc asks for State aid and the establishment of national workshops; thus Fourier asked for six million francs, and his followers are still engaged today in collecting that sum; thus the communists place their hope in a revolution which shall give them authority and the treasury, and exhaust themselves in waiting for useless subscriptions. Capital and power, secondary organs in society, are always the gods whom socialism adores: if capital and power did not exist, it would invent them. Through its anxieties about power and capital, socialism has completely overlooked the meaning of its own protests: much more, it has not seen that, in involving itself, as it has done, in the economic routine, it has deprived itself of the very right to protest. It accuses society of antagonism, and through the same antago-nism it goes in pursuit of reform. It asks capital for the poor laborers, as if the misery of laborers did not come from the competition of capitalists as well as from the factitious opposition of labor and capital; as if the question were not today precisely what it was before the creation of capital, — that is, still and always a question of equilibrium; as if, in short, — let us repeat it incessantly, let us repeat it to satiety, — the question were henceforth of something other than a synthesis of all the principles brought to light by civilization, and as if, provided this synthesis, the idea which leads the world, were known, there would be any need of the intervention of capital and the State to make them evident.

Socialism, in deserting criticism to devote itself to decla-mation and utopia and in mingling with political and religious intrigues, has betrayed its mission and misunderstood the character of the century. The revolution of 1830 demoralized us; socialism is making us effeminate. Like political economy, whose contradictions it simply sifts again, socialism is powerless to satisfy the movement of minds: it is henceforth, in those whom it subjugates, only a new prejudice to destroy, and, in those who propagate it, a charlatanism to unmask, the more dangerous because almost always sincere.

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scotianostra · 3 months ago

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On August 21st 1754 William Murdock, the Scottish engineer, was born.

Murdock invented coal-gas lighting, the first new form of lighting in the Industrial Age, and which remained the principal form of illumination until Edison’s invention of electric lighting 100-years later.

He was a close friend and associate of James Watt, who he met when he moved south to join Boulton & Watt, a partnership that was selling James Watt ’s new steam engines. During the job interview, Matthew Boulton noticed that Murdock was nervously handling a fine piece of woodwork that he had brought with him. Boulton recognized Murdock’s talent and hired him on the spot.

Soon Murdock began the experiments in gas lighting for which he is famous today. Murdock was the first to realize that gas was a more convenient energy source than coal, primarily because it could be piped and controlled more easily. Despite ridicule from his peers and the danger of gas explosions, Murdock Installed gaslighting in his house, using gas made from coal in his backyard and piped in through a hole in a window frame. Murdock went on to develop methods for manufacturing, storing, and purifying coal-g

Murdock’s employers were unenthusiastic about this sideline until they heard that a similar gaslighting system, made by Philippe Lebon, was being used in France. Boulton and Watt then asked Murdock to install gaslighting at their main factory in Birmingham in 1802, as part of England’s celebration of a temporary peace treaty with France. Soon the firm received its first commercial order to install gaslights at a cotton spinning factory. By 1806, Murdock had improved the odour of the coal-gas.

Meanwhile, Murdock had continued to apply his ingenuity to steam engine improvements, many of which were patented in 1799. He invented a new machine for boring cylinders and a better method for casting jacketed cylinders. Today, he is still known for inventing the slide valve, which injects and removes steam alternately from each end of the cylinder. Murdock also built the first model of an oscillating engine and the first free-standing steam engine.

Although Murdock eventually became a limited partner in Boulton & Watt, he remained essentially a hired hand throughout his career, rather than an independent businessman. Nevertheless, he earned great respect from many rivals who were wealthier and better educated.

In September 1830, in declining health at age 76, Murdoch's partnership with Boulton & Watt which began in 1810 came to an end, at which point he was receiving £1,000 per year. The reasons for this appear to be both the increasing unprofitability of Boulton and Watt and Murdoch's increasing ill health. Murdoch died on November 15th 1839, aged 85.

Murdock might be a lesser well known name than his boss and contemporary James Watt, but he is just as important figure, and should be recognised as such . In 1892 he celebrated more, a bust was unveiled in The National Wallace Monument of the engineer, there is also a bust in at St. Mary's Church, Handsworth. The town of Redruth has an Annual Murdoch Day in June. The 2007 event included a parade of schoolchildren with banners on the theme "Earth, Wind, Fire and Water" and the first public journey of a full-size, working reproduction of Murdoch's Steam Carriage.

The house he lived at in Redruth has been restored and preserved and is a listed building, there is also a primary school in Birmingham named after him. In 2019, he was inducted into the Scottish Engineering Hall of Fame.

#scotland #scottish #history #engineering #Engineer #Inventor

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newstfionline · 6 months ago

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Friday, May 17, 2024

Americans are falling behind on their credit card bills (NPR) Nearly one in five credit card users have maxed out on their borrowing, according to the Federal Reserve Bank of New York. People under 30 and those who live in low-income neighborhoods are more likely to be at or close to their credit limit. The debt is a sign borrowers are feeling the strain of rising prices and high interest rates.

Overdose deaths dropped for the first time in five years (NYT) U.S. overdose deaths declined in 2023 by about 3 percent from the year prior, according to federal data released today. Last year’s toll—107,543—was still horrific. But it was the first drop-off in drug fatalities since 2018, when the rates were two-thirds of their current height. The decrease was attributable mostly to a drop in deaths from synthetic opioids, but the report did not offer reasons for the drop. One possible factor is that naloxone, a drug that reverses opioid overdoses, has become more widely available.

Chile’s capital faces fiercest cold snap in decades (Reuters) Chileans are bundling up with more clothes and clutching cups of hot coffee as the country faces the most intense cold snap in nearly 70 years, bringing winter weather in the middle of autumn. “Since 1950, that is, in the last 74 years, we had not had a cold wave as intense as the current one in May,” climatologist at the University of Santiago, Raul Cordero, told Reuters. For Thursday, the meteorological office expected a minimum temperature of 1 degree Celsius (34 Fahrenheit) in the central Santiago area. The change was abrupt—within days of summer heat ending, mountains near the capital had snowy peaks.

A France in Shock Confronts the Violence in Its Midst (NYT) If France is a country of illusions—a beautiful and seductive land offering many of life’s greatest pleasures that sits atop and conceals a crime-ridden, drug-plagued world of violence—then the past week offered a rude awakening to this dual reality. The Olympic flame arrived on French soil last week in the ancient port city of Marseille as a joyous crowd thronged the beautiful harbor. But the flame also arrived in a city whose northern districts are the epicenter of the French drug trade, where 49 people were killed last year and 123 injured in drug-related shootings. The coldblooded killing on Tuesday of two prison guards on a major highway in an ambush that freed Mohamed Amra, a midlevel prisoner being investigated in Marseille for possible ties to a drug-related homicide case, shook France. This, just 85 miles from the capital, was a methodical execution in broad daylight on the main road from Paris to Normandy. Its methods were consistent with the brutality of a booming narcotics market. Senator Jérôme Durain, a member of the Socialist Party and one of two authors of a Senate Committee report on drug trafficking in France that was completed this week, was not shocked by the killing. “The world we found was one of limitless violence involving people, often very young people, who have no conscience and lost all sense of the value of life,” he said in an interview. “This fits exactly.”

In this Spanish town, capitalism actually works for the workers (Christian Science Monitor) At first glance, this could be any industrial factory. Workers wearing protective gloves assemble control panels and heating plates amid the relentless whirring of machinery. Giant yellow robot arms swing back and forth, lining trays with tiny metal parts. But there is a reason that each year thousands of visitors from every continent come to this mountainous Basque landscape to study factories like this one. This is the home of the Mondragon Corp., the world’s largest federation of worker-owned cooperatives. By the end of the day, this floor alone will churn out 30,000 gas valves, destined for stoves worldwide. Yet it is also churning out a radically different vision of capitalism. In a traditional capitalist system, decision-making power and wealth are concentrated in the hands of a few top executives and shareholders. In contrast, Mondragon’s nearly 70,000 members, ranging from floor workers to top executives, are co-owners of their businesses. They have voting power at general assemblies, where they weigh in on company strategy and policy. The income disparity between the highest- and lowest-paid employees in Mondragon’s cooperatives is capped at a ratio of 6-to-1, compared with a typical ratio of 344-to-1 in the United States. (It’s typically 77-to-1 in Spain.) “Here, no one is rich,” says Hugo Montalvo, who works for a Mondragon based in Bergara, a short drive from the town of Mondragón. “But no one is poor either. We’re all in that middle range, earning decent salaries.”

Age no barrier for Italy’s 90-year-old sprint queen (Reuters) Born on Aug. 1, 1933, Mazzenga is one of the unsung stars of Italian athletics, currently holding five world records, nine European records and 28 best Italian performances in various categories of Masters sprinting—competitive races for older runners organised by age group. “I am very happy and satisfied, and also a bit surprised because I didn’t think I went that fast,” Mazzenga said modestly after her record-breaking run on May 5, beating the previous record of 53.35 seconds set by Japan’s Emiko Saito in 2022. Her running career as a Masters athlete, which she kicked off at the age of 53, has been an important comfort for Mazzenga’s later years. “It got me through some difficult times, which of course haven’t been lacking in a life as long as mine,” she said. Her next commitments include the Italian championships starting in June and she has an eye on the world championships in Sweden next year, but Mazzenga joked that she prefers “not to make long-term plans.”

NATO considers sending trainers into Ukraine (NYT) NATO allies are inching closer to sending troops into Ukraine to train the country’s armed forces, a move that would blur a previous red line. Ukrainian officials have asked for help training 150,000 new recruits closer to the front lines, for faster deployment. The U.S. has said no, but the chairman of the Joint Chiefs of Staff said today that a NATO deployment of trainers appeared to be inevitable. Under the alliance’s treaty, the U.S. would be obliged to aid in the defense of the trainers if they were attacked, potentially dragging America into the war.

China and Russia reaffirm ties as Moscow presses offensive in Ukraine (AP/Bloomberg) Russian President Vladimir Putin thanked Chinese leader Xi Jinping for efforts to resolve the Ukraine conflict at a Beijing summit Thursday, where the two leaders reaffirmed a “no-limits” partnership that has grown deeper as both countries face deepening tensions with the west. Xi said his nation was “ready to work with Russia as a good neighbor, friend and partner with mutual trust,” state broadcaster China Central Television reported Thursday after the pair met in Beijing. China was prepared “to consolidate the friendship between the two peoples for generations to come,” Xi added. Putin described the nations’ cooperation as “one of the main stabilizing factors in the international arena,” according to a video posted on a Kremlin social media account.

Japan, famously polite, struggles to cope with influx of tourists (Washington Post) Japan is proud of its “omotenashi” spirit: Its practice of wholeheartedly caring and catering for guests. But a post-covid surge in tourist numbers, coupled with a weak yen that makes Japan cheaper for many visitors, is pushing Japan’s world-famous hospitality to the brink. One town is installing a huge screen to stop tourists causing traffic jams while they take selfies in front of Mount Fuji. At least one overrun restaurant is reserving Friday nights for locals only. Even the deer of Nara, usually very proactive about coming forth for snacks, have had their fill. This is because international tourists, unable to enter Japan for two and a half years during the covid pandemic, now appear to be making up for lost time. A staggering 25.1 million tourists visited the country last year, marking a sixfold increase from 2022. The influx has been good for the Japanese economy. But, in many popular places, it has not been good for the locals. There have been widespread complaints about overcrowding, litter, and strain on infrastructure.

Pacific countries call for calm as New Caledonia riots continue (AP) New Caledonia’s Pacific neighbours called for de-escalation and a return to dialogue between France and the island territory’s political parties, after a third night of violent riots that have killed four people and led to hundreds of arrests. France declared a state of emergency in New Caledonia that came into force at 5 a.m. local time (1800 GMT Wednesday), giving authorities additional powers to ban gatherings and forbid people from moving around the island. Rioting broke out over a new bill, adopted by lawmakers in Paris on Tuesday, that will let French residents who have lived in New Caledonia for 10 years vote in provincial elections—a move some local leaders fear will dilute the indigenous Kanak vote.

US military says Gaza Strip pier project is completed (AP) The U.S. military finished installing a floating pier for the Gaza Strip on Thursday, with officials poised to begin ferrying badly needed humanitarian aid into the enclave besieged over seven months of intense fighting in the Israel-Hamas war. Fraught with logistical, weather and security challenges, the maritime route is designed to bolster the amount of aid getting into the Gaza Strip, but it is not considered a substitute for far cheaper land-based deliveries that aid agencies say are much more sustainable. The boatloads of aid will be deposited at a port facility built by the Israelis just southwest of Gaza City and then distributed by aid groups.

Hamas Shift to Guerrilla Tactics Raises Specter of Forever War for Israel (WSJ) Seven months into the war, Hamas is far from defeated, stoking fears in Israel that it is walking into a forever war. The U.S.-designated terrorist group is using its network of tunnels, small cells of fighters and broad social influence to not only survive but to harry Israeli forces. Hamas is attacking more aggressively, firing more antitank weapons at soldiers sheltering in houses and at Israeli military vehicles daily, said an Israeli reservist from the 98th commando division currently fighting in Jabalia. Hamas’s resilience poses a strategic problem for Israeli Prime Minister Benjamin Netanyahu, who says a key war aim is the total destruction of the Palestinian Islamist group. Concerns have grown within Israel, including in the security establishment, that Israel has no credible plan for replacing Hamas, and whatever achievements the military has won will be diminished. “Hamas is everywhere in Gaza,” said Joost Hiltermann, the head of the Middle East and North Africa program at International Crisis Group, a conflict-resolution organization. “Hamas is far from defeated.”

Religion Publishers See 'A Good Day' (Publishers Weekly) Holy sales stats! How did religion book publishing roll up revenue numbers markedly ahead of other publishing categories last year, up 7.8% over 2022 according to the Association of American Publishers StatShot report? PW called on CEOs and senior sales executives at eight religion and spirituality houses to ask what's driving the numbers up. Top answer: Bibles, which have been in strikingly high demand and tend to pop in sales whenever things get a bit weird geopolitically. “It’s a different day, and a good day,” says Doug Lockhart senior v-p for sales and marketing for HarperCollins Christian Publishing. He noted Google Analytics showed searches for words such as “Bible,” “Bible studies” and “Bible resources” are up 13% over 2023. Why? “There’s a lot of angst in the world today and people are looking for answers. Everything from the Ukraine War to the Hamas-Israel war to the challenges people have in everyday life” prompts people to ask deep questions and to seek spiritual health, says Lockhart.

#headlines #news

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shivshaktimachtech · 4 months ago

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10 Head Liquor Bottle Filling Machine

Company Overview: Shiv Shakti Machtech is a Manufacturer, Supplier and Exporter of 10 Head Liquor Bottle Filling Machine. 10 head liquid filling machine is an advanced packaging device equipped with ten filling heads that work simultaneously to fill containers with wine, liquor, vodka, spirits, whisky, Gin. This machine is designed to handle high-volume production with accuracy and efficiency, making it ideal for industries requiring rapid and consistent liquid filling. Standard Features: Sanitary flow meters equipped with tri-clamp fittings Bottom-close fill head valves to prevent drips Servo-driven fill head assembly for bottom-up filling and height adjustment 316 stainless steel pressure vessel, positioned low for easy cleaning CIP system with a spray ball in the vessel, process program, and fill head trough Sanitary product infeed control valve with air-to-open, spring-to-close actuator Intuitive PLC control system for ease of use Allen Bradley PLC control with Ethernet capability On-the-fly product weight adjustment Servo-controlled nozzle diving motion for precise bottom-up filling Tool-less adjustments for quick changeovers Modular construction allows for future upgrades Over 100 programmable recipes UL-approved control panel CE-compliant interlocked safety guards Shiv Shakti Machtech is 10 Head Liquor Bottle Filling Machine in serves worldwide, including, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, The Bahamas, Bahrain, Bangladesh, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Cambodia, Cameroon, Canada, Central African Republic, Chad, Chile, Colombia, Congo, Democratic Republic of the Congo, Costa Rica, Cuba, Cyprus, Denmark, Dominica, Ecuador, Egypt, Guinea, Ethiopia, Fiji, Finland, France, The Gambia, Georgia, Germany, Ghana, Greece, Guyana, Hungary, Iceland, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, South Korea, North Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Libya, Malawi, Malaysia, Maldives, Mali, Mauritania, Mauritius, Mexico, Moldova, Monaco, Mongolia, Morocco, Mozambique, Myanmar (Burma), Namibia, Nepal, Netherlands, New Zealand, Niger, Nigeria, Norway, Oman, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Rwanda, Saint Lucia, Saudi Arabia, Senegal, Serbia, Singapore, Slovakia, Somalia, South Africa, Spain, Sri Lanka, Sudan, South Sudan, Sweden, Switzerland, Syria, Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tunisia, Turkey, Uganda, Ukraine, United Arab Emirates (UAE), United Kingdom, United States, Uruguay, Uzbekistan, Vanuatu, Vatican City, Venezuela, Vietnam, Yemen, Zambia, and Zimbabwe. For further details or inquiries, feel free to reach out to us. View Product: Click Here Read the full article

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mikeepoo · 2 years ago

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1928 Bucciali TAV 8-32 Saoutchik 'Fleche d'Or' Berline (France)

Six years before the appearance of the Citroën Traction and more than two years before the launch of the DKW F1, the Bucciali TAV-6 featured front-wheel drive (Front wheel drive in one form or other had already been used prior to this, not this technical in nature, and I can’t find any information on just how unwieldly the handling might have been, or how fragile the setup was) . Another innovative concept which would only become familiar to most auto-industry observers several decades later was provided by the Sensaud de Lavaud infinitely variable automatic transmission (this is cool in that unlike the some of the later uses of Variomatic transmissions, such as developed by DAF, this one used chains instead of belts, modern CTVs use similar looking chains to this unit) . This particular model had a 136.6 in wheelbase. The TAV 8-32 was powered by a 12 cylinder Continental side-valve 2.4 litre engine, I couldn’t find a specific horsepower rating, but suffice it to say, the engines small displacement, and the slush box, probably made for leisurely motoring. (the original plan was to use a similar transmission from the same source on the Citroen Avant Traction, but the transmission sucked so much power, it was decided to go with a conventional 3 speed manual gearbox).

I have to say I’d never heard of these, and assumed when i saw the crane emblem on the side that it was a Hispano-Suiza. I’ve always like the chopped aesthetic, but being super claustrophobic. I’d be uncomfortable in this thing.

Photos purloined form Ultimate Car Page, other information purloined from various sources, mostly Wikipedia

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automativeandaerospace2 · 6 days ago

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Automotive Hydrostatic Fan Drive System Market: Comprehensive Analysis, Segmental Insights and Forecast by 2030

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marketdevelopment · 7 months ago

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France Industrial Valve Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2023 to 2030

France Industrial Valve is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

The industrial valve market in France is a vital component of the nation's thriving industrial sector. As an integral part of various industries, including oil and gas, chemical, water and wastewater treatment, and manufacturing, industrial valves play a crucial role in controlling the flow of fluids and gases. The market has witnessed steady growth over the years, driven by technological advancements, increasing demand for energy, and a focus on efficient resource utilization.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Leading players involved in the France Industrial Valve Market include:

"ARCA Regler GmbH (Germany), SAMSON Controls SAS (Germany), Bopp & Reuther Messtechnik GmbH (Germany), Velan SAS (Canada), SFC KOENIG SAS (Switzerland), Tecofi SAS (France), Valco Group France SAS (France), LDM Armaturen GmbH (Germany), SLCE Sistemas de Control de liquidos y Electricidad SL (Spain), RITAG Ritterhuder Armaturen GmbH & Co. KG (Germany), Parcol S.p.A. (Italy), Laroche SAS (France), Bray Controls France SAS (Ireland), Gestra France SAS (Germany), CIRCOR International Inc. (France), Gevas GmbH (Germany), Pister Kugelhähne GmbH (Germany), Walworth Valves France S.A.S. (Mexico), VYC Industrial S.A. (Spain), Baelz Automatik GmbH & Co. KG (Germany) and other major players."

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

If You Have Any Query France Industrial Valve Market Report, Visit:

Segmentation of France Industrial Valve Market:

By Type

Ball

Globe

Gate

Butterfly

Plug

Check

By Material

Steel

Brass

Bronze

Cast Iron

Plastic

By Size

< 1”

1”–6”

6”–25”

25”–50”

50”

By Application

Oil & Gas

Power

Energy

Chemical

Water & Waste Treatment

By Function

On/Off

Control

Isolation

Special Purpose

Reasons for Acquiring this Report:

1. Strategic Decision-Making for Government Leaders and Politicians:

Gain insights into the global France Industrial Valve Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.

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Access a detailed breakdown of the France Industrial Valve Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.

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Utilize market breakdowns to target specific segments, optimizing sales strategies. Address challenges and capitalize on expansion opportunities highlighted in the report. Mitigate threats effectively with a comprehensive understanding of market risks.

4. Comprehensive Understanding for Executives:

Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.

5. Competitive Intelligence:

Obtain a detailed analysis of competitors and their key tactics in the France Industrial Valve Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.

6. Accurate Business Forecasting:

Evaluate the accuracy of global France Industrial Valve Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.

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a Also, our in-depth macro-economic analysis gives a bird's eye view of a market to our esteemed client. Our team at Pristine Intelligence focuses on result-oriented methodologies which are based on historic and present data to produce authentic foretelling about the industry. Pristine Intelligence's extensive studies help our clients to make righteous decisions that make a positive impact on their business. Our customer-oriented business model firmly follows satisfactory service through which our brand name is recognized in the market.

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#France Industrial Valve #France Industrial Valve Market #France Industrial Valve Market Size #France Industrial Valve Market Share #France Industrial Valve Market Growth #France Industrial Valve Market Trend #France Industrial Valve Market segment #France Industrial Valve Market Opportunity #France Industrial Valve Market Analysis 2024

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marketinsight1234 · 9 months ago

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France Industrial Valve Market Outlook for Forecast Period (2023 to 2030)

France Industrial Valve is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

https://pristineintelligence.com/request-sample/france-industrial-valve-market-99

The latest research on the France Industrial Valve market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global France Industrial Valve industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the France Industrial Valve market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the France Industrial Valve Market include:

Market Driver:

One significant driver propelling the growth of the industrial valve market in France is the nation's commitment to environmental sustainability. With a rising awareness of environmental concerns and stringent regulations in place, industries are increasingly adopting advanced industrial valves that enhance energy efficiency and reduce environmental impact. Smart valves and control systems are gaining prominence, allowing for precise monitoring and control, thereby minimizing wastage and optimizing resource utilization. This commitment to sustainability not only aligns with global trends but also positions France as a leader in adopting eco-friendly industrial solutions.

Market Opportunity:

An emerging market opportunity lies in the integration of digital technologies within industrial valves. The Industry 4.0 revolution is transforming manufacturing processes, and industrial valves are no exception. The incorporation of IoT (Internet of Things) technology, predictive maintenance, and data analytics in valve systems provides a significant opportunity for market players. Manufacturers offering smart valves equipped with sensors and connectivity features stand to gain a competitive edge. This not only enhances operational efficiency but also opens avenues for innovative services such as remote monitoring and predictive maintenance, addressing the evolving needs of industries in France.

If You Have Any Query France Industrial Valve Market Report, Visit:

Segmentation of France Industrial Valve Market:

By Type

Ball

Globe

Gate

Butterfly

Plug

Check

By Material

Steel

Brass

Bronze

Cast Iron

Plastic

By Size

< 1”

1”–6”

6”–25”

25”–50”

50”

By Application

Oil & Gas

Power

Energy

Chemical

Water & Waste Treatment

By Function

On/Off

Control

Isolation

Special Purpose

Reasons for Acquiring this Report:

1. Strategic Decision-Making for Government Leaders and Politicians:

2. Informed Decision-Making for Professionals and Product Developers:

3. Strategic Planning for Sales Managers and Market Stakeholders:

4. Comprehensive Understanding for Executives:

5. Competitive Intelligence:

6. Accurate Business Forecasting:

Acquire This Reports: -

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Right Bhusari Colony,

Kothrud, Pune,

Maharashtra, India - 411038 (+1) 773 382 1049 +91 - 81800 - 96367

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marketingreportz · 6 days ago

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Compressor Oil Market - Forecast(2024 - 2030)

Overview

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With rising concerns about energy consumption and environmental impact, there is a heightened focus on developing compressor oils that contribute to energy efficiency and environmental sustainability. Manufacturers are innovating with low-viscosity oils and formulations with reduced frictional losses to optimize compressor performance and minimize energy consumption. Additionally, there is a shift towards eco-friendly compressor oil formulations that comply with environmental regulations and promote sustainable practices in industrial operations.

By Base Oil Type: Synthetic Oils (Polyalkylene Glycols (PAGs), Polyalphaolefins (PAOs), Diester and Polyolesters, Phosphate Esters, Silicone Based), Mineral Oil, and Others

By Compressor Type: Positive Displacement Compressor (Rotary Compressor and Reciprocating), Dynamic Compressor (Centrifugal Compressor and Axial Compressor).

By End-Use Industry: Chemical & Petrochemical, Transportation, Food & Beverages, Oil & Gas, Marine, Pharmaceutical, Metal Fabrication, Mining, Energy, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, ANZ, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

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Key Takeaways

Asia-Pacific region dominated the compressor oil market, due to the high consumption of compressor oil in emerging and developing Asian countries such as India, China, Japan, Malaysia, South Korea, and others.

Growing demand for compressor oil as they help to reduce production cost in various end-use industries such as chemical & petrochemical, oil & gas, and others. According to the American Chemistry Council (ACC), in the United States, chemical exports are expected to grow by US$ 134.5 billion in 2021.

Increasing demand for synthetic lubricants as they have various properties such as anti-oxidation, excellent thermal stability, excellent viscosity index, and others is estimated to growing the compressor oil market size.

Compressor Oil Market Segment Analysis — by Type

The synthetic oil segment is projected to witness the highest share of 55% in the compressor oil market in 2023 as it comes with excellent properties such as anti-oxidation and thermal stability. Polyalphaolefins synthetic oil can contribute to an extended service life of machine parts at a low cost. Synthetic oil provides outstanding viscosity index, high flash point, low pour point, and excellent hydrolytic stability, thus it is widely required in air compressors especially vane and screw compressors. Furthermore, synthetic lubricant improves the fuel efficiency of machine parts and reduced operating costs. Hence, the consumption of synthetic base oil is estimated to influence the market for compressor oil

Compressor Oil Market Segment Analysis — By Compressor Type

Positive displacement compressor type segment held the largest share of 56% in the compressor oil market in 2023 as they have excellent operational efficiency. Positive displacement compressors capture the volume of air in a chamber. They help to reduce the volume of the chamber to compress the air. This type of compressor uses vanes instead of helical blades on a rotor to compress air that enters the cavity. Positive displacement compressor uses a piston for air compression that moves backward and forward. A rotary compressor is a very required positive displacement air compressor type. It sucks air into the cylinder, then closes the valve, and compresses the air with two rotors. These rotors rotate regularly and run through the chamber. Compressor oils lower the temperature of the operation during the mixture of air and oil. The maximum output of a rotary compressor is mostly 600 horsepower and 1000 horsepower of the reciprocating compressor. Hence, the growing demand for positive displacement compressors is estimated to grow the consumption of compressor oil.

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Compressor Oil Market Segment Analysis — By End-Use Industry

Chemical & petrochemical sector held the largest share in the compressor oil market in 2023 and is growing at a CAGR of 4.6% during this forecast period of 2024–2030, as compressor oil increases the service of machine, reduces operational cost & power consumption during operation. Thus, the increasing chemical & petrochemical industry is estimated to grow the consumption of compressor oil. Apart from this, according to the U.S. Energy Information Administration, the total natural gas production is projected to contribute 30% and more than 75% in Canada & Mexico, respectively by 2040. Hence, all factors are estimated to grow the consumption of compressor oil. The use of compressor oils in the chemical and petrochemicals industry is to guarantee the untroubled functioning of the machine parts and also help in minimizing the expenses and increasing the lifetime of the machine.

By Geography — Segment Analysis

Asia Pacific dominated the compressor oil market in 2023 with a share of more than 45%. China and India are expected to witness high demand for compressor oil during the forecast period, with the growing need from the oil & gas industry, automotive industry, chemical & petrochemical industry, and others. Compressor oils provide different advantages such as reduces energy consumption, reduces operational cost, longer life, corrosion resistance, synthetic solvency, and others. Thus, these lubricants are widely consumed by end-use sectors. According to the U.S. Energy Information Administration, the total natural gas production is projected to contribute more than 40% in China by 2040. As compressor oils are used in power transmission to machines and engines, so the increasing automotive industry is also estimated to grow the consumption of compressor oil. Additionally, according to the Association of Automobile Manufacturers, China has become a world leader in the electric bus segment which grows in production of electric buses at 34% by 2025. Hence, such factors are estimated to grow the demand for compressor oil in the region.

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Drivers — The Compressor Oil Market

Increasing Consumption of Compressor Oil from Automotive Industry

Compressor oil lubricants are used for inflating vehicles, cars, and motorcycle tires. These air compressor oil used to transfer power to the machine and engines. Compressor oil is used in the production cycle of the automotive industry due to its ease of maintenance and reduction in operative costs. Thus, increasing automotive production is estimated to grow the consumption of compressor oil. In 2023, the Australian car market experienced growth despite widely publicized supply issues. A total of 1,081,429 new cars, SUVs, and commercial vehicles were delivered, marking the best result since 2018 when 1,153,111 vehicles were sold. Toyota secured the top spot in annual sales, achieving its best result in 14 years. Mazda followed in second place, while Kia achieved its best-ever result for a third-place finish. Notably, battery electric vehicles accounted for 3.1% of sales, and this trend is expected to continue in 2023 with more affordable models from China entering the market1.

Fast forward to 2023, and the Australian new vehicle market has rebounded significantly in the first half of the year, showing 8.2% growth compared to the same period in 2023. Some interesting developments include, Hence, such factors are expected to grow the compressor oil market size

Growing Demand for Positive Displacement Air Compressor

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Positive air compressors such as rotary compressors and reciprocating compressors are widely used as they require a low cost of production. The positive air compressor has a high-pressure ratio, thus it is widely used in refrigerators, chemical plants, automotive cylinders, and hydraulic cylinders. Reciprocating positive displacement air compressors are designed for the double or single chamber, as they use the piston for the constant movement of air in the chamber. Apart from this, rotary compressor such as screw compressor has safety devices that are fully packaged and pre-installed. Hence, as it reduce the production cost, the demand for positive displacement air compressor is estimated to boost from the chemical industry which, in turn, is expected to grow the compressor oil market size.

Challenges — Compressor Oil Market

Volatility in Raw Material Prices

Synthetic oils are typically created from chemically modified materials such as petroleum components but the base material is always distilled crude oil. Although polyalphaolefin is produced through a synthetic chemical process that originated from ethylene. Ethylene is produced by cracking crude oil. Hence, fluctuation in crude oil prices may hamper market growth. The U.S. Energy Information Administration (EIA) projected that Brent crude oil prices would average $83 per barrel in 2023, down from $101/b in 2022. This decline was mainly due to expectations of global oil production outpacing consumption. Another forecast indicated that the Brent price would stay relatively flat through the second quarter of 2023, averaging $85/b, and then decline through the end of the year.

Compressor Oil Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Compressor Oil Market. Major players in the Compressor Oil Market are Chevron U.S.A. Inc, Croda International Plc, Eurol, Exxon Mobil Corporation, FUCHS, HP Lubricants, LUKOIL Marine Lubricants DMCC, OMSC, Royal Dutch Shell plc, Sasol and among others.

Developments:

In February 2023, Chevron Shipping Company LLC, a subsidiary of Chevron Corporation, announced an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd. to install new technologies to support the energy transition goals and lower carbon footprint of Chevron vessels

For More Information about Compressor Oil Market report click here

#CompressorMaintenance #LubricationMatters #CompressorOil #EfficientCooling #IndustrialSolutions

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global-research-report · 10 days ago

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Carbon Dioxide Market by Region: Segmentation, Trends, and Regional Insights

The global carbon dioxide (CO2) market was valued at USD 10,718.18 million in 2024 and is projected to experience a compound annual growth rate (CAGR) of 5.1% from 2025 to 2030. A key factor driving this market is the increased use of CO2 in enhanced oil recovery (EOR), especially as oil reserves are depleting and many regions, particularly in Asia, remain highly dependent on imported crude oil. Additionally, demand from various growing end-use industries, such as food and beverage and medical sectors, is expected to significantly contribute to CO2 market expansion during the forecast period. In the United States, one of the largest CO2 markets globally, revenues are anticipated to grow at a CAGR of 4.8%, driven by rising industrialization and the continued expansion of the oil and gas industry.

The medical sector is becoming a prominent consumer of CO2, as it is used in a variety of critical applications. For instance, CO2 gas is commonly used as an insufflation agent in surgical procedures like arthroscopy, endoscopy, and laparoscopy, where it inflates body cavities, enhancing visibility during operations. CO2 is also used to improve blood flow to the brain and assist with respiration during certain surgeries. Medical-grade CO2 is typically supplied in specially designed chromium-plated steel cylinders equipped with secure valves.

The environmental impact of CO2 emissions is a significant driver of global climate change, prompting many countries to invest in carbon reduction initiatives. Although efforts like Carbon Capture and Storage (CCS) technologies and carbon pricing are underway in several regions, many nations are still striving to meet their climate targets.

Gather more insights about the market drivers, restrains and growth of the Carbon Dioxide Market

Regional Insights

North America:

In 2024, North America held the largest revenue share in the CO2 market at 42.10%, with growth driven by the expanding industrial sector. The region’s oil and gas industry is also expected to play a key role in sustaining CO2 demand through the increased adoption of EOR processes. Additionally, the food and beverage industry relies on CO2 for preservation and packaging, which is likely to further fuel market expansion.

United States:

Within the U.S., the CO2 market is projected to see substantial growth, primarily in applications of gas injection technology. Trends in the EOR market indicate robust growth in CO2-EOR projects, further supporting CO2 demand in the U.S. over the forecast period.

Europe:

The European CO2 market ranks as the third-largest globally, with the United Kingdom leading in market share, followed by Germany, France, Spain, and Italy. Key applications of CO2 in Europe include food and beverages, oil and gas, medical uses, rubber processing, and firefighting.

Asia Pacific:

The CO2 market in the Asia Pacific region is forecasted to grow at the fastest CAGR during the forecast period. This growth is largely due to the rising demand for CO2 across end-use industries in China, a leading global consumer of CO2. The increasing industrialization and expanding food and beverage sectors in the region further drive CO2 consumption.

Latin America:

Latin America's CO2 market is expected to grow at a notable CAGR, fueled by expanding oil and gas activities due to rising foreign and government investments. Additionally, the healthcare industry in countries like Brazil and Argentina is contributing to CO2 demand, especially for medical applications, which is expected to support market growth over the forecast period.

Middle East & Africa (MEA):

The MEA CO2 market is projected to grow at a considerable CAGR, driven by the increased demand for refrigeration and cooling due to unfavorable climatic conditions. The region’s reliance on packaged and frozen foods, coupled with limited arable land, is likely to increase the use of CO2 in food preservation applications, thereby supporting market growth.

Browse through Grand View Research's Category Organic Chemicals Industry Research Reports.

The global mixed mode chromatography resin market size was estimated at USD 117.5 million in 2024 and is expected to grow at a CAGR of 12.3% from 2025 to 2030.

The global chlorinated polyethylene market size was valued at USD 641.7 million in 2023 and is projected to grow at a CAGR of 8.3% from 2024 to 2030.

Key Companies & Market Share Insights

The global carbon dioxide market includes prominent players such as Acail Gas, Air Liquide, and Linde AG, which are instrumental in driving innovation and fulfilling diverse industry demands.

Air Liquide is a major player in the market, with business operations spanning multiple divisions, including healthcare, electronics, and engineering & construction. The company’s global reach extends to over 75 countries, supported by a workforce of approximately 66,400 employees. Air Liquide engages in a variety of industrial processes such as carbonation, oxy-combustion, and industrial cryogenics, among others. Its U.S. subsidiary, Airgas, specializes in the supply of carbon dioxide and dry ice, catering to the specific needs of the American market.

Air Liquide is recognized for its expertise in high-pressure gas production, supplying essential gases for various end-use industries. These industries include agriculture, livestock & fisheries, food and beverage, construction, pharmaceuticals, electronics, and telecommunications. The company’s product range includes a wide array of specialty gases such as argon, nitrogen, carbon dioxide, helium, hydrogen, oxygen, and special gas mixtures, each tailored to support specific industrial applications. Through its extensive offerings and global presence, Air Liquide continues to address the evolving requirements of a broad spectrum of industries worldwide.

Key Carbon Dioxide Companies:

The following are the leading companies in the carbon dioxide market. These companies collectively hold the largest market share and dictate industry trends.

Acail Gas

Air Liquide

Air Products and Chemicals, Inc.

Greco Gas Inc.

Linde AG

Messer Group

Sicgil India Limited

SOL Group

Quimetal

Taiyo Nippon Sanso Corporation

Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.

#Carbon Dioxide Market

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janetushar1 · 16 days ago

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Transcatheter Aortic Valve Replacement Market to Hit $8.8 Billion by 2032

The global Transcatheter Aortic Valve Replacement Market was valued at USD 5.5 Billion in 2024 and it is estimated to garner USD 8.8 Billion by 2032 with a registered CAGR of 7% during the forecast period 2024 to 2032.

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The Major Players Profiled in the Market Report are:-

Medtronic PLC (U.S.), Abbott Laboratories Inc. (U.S.), Boston Scientific Corp. (U.S.), Meril Life Sciences Pvt. Ltd. Inc. (India), Edwards Lifesciences Corp. (U.S.), St. Jude Medical Inc. (U.S.)

Transcatheter Aortic Valve Replacement Market 2024 covers powerful research on global industry size, share, and growth which will allow clients to view possible requirements and forecasts. Opportunities and drivers are assembled after in-depth research by the expertise of the construction robot market. The Transcatheter Aortic Valve Replacement Market report provides an analysis of future development strategies, key players, competitive potential, and key challenges in the industry.

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Global Transcatheter Aortic Valve Replacement Market, By Region

1) North America- (United States, Canada, Mexico, Cuba, Guatemala, Panama, Barbados, and many others)

2) Europe- (Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium, and many others)

3) the Asia Pacific- (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam, and many others)

4) the Middle East & Africa- (Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria, and many others)

5) Latin America- (Brazil, Argentina, Colombia, Chile, Peru, and many others)

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What trends, challenges, and barriers will impact the development and sizing of the global market?

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teachingwithsnd · 1 month ago

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harshnews · 1 month ago

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Control Valves Market Size, Share, Trends, Growth Opportunities and Competitive Outlook

"Global Control Valves Market – Industry Trends and Forecast to 2028

Global Control Valves Market, By Component (Valve Body, Actuators, Others), Material (Stainless Steel, Cast Iron, Alloy-Based, Cryogenic, Others), Type (Rotary Valves, Linear Valves), Operation (Hydraulic Control Valve, Pneumatic Control Valve, Electric Control Valve), Size (Less than 1”, Between 1” to 6”, Between 6” to 25”, Between 25” to 50”, More than 50”), End User (Oil and Gas, Energy and Power, Water and Wastewater Treatment, Food and Beverages, Chemicals, Pharmaceuticals, Construction, Pulp and Paper, Others) Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

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**Segments**

- **Product Type:** The control valves market can be segmented based on product type into pneumatic control valves, hydraulic control valves, electric control valves, and others. Pneumatic control valves are widely used for applications requiring simple and reliable control mechanisms, while hydraulic control valves are preferred for high-pressure applications. Electric control valves are gaining popularity due to advancements in automation and remote control capabilities.

- **Application:** In terms of application, the market for control valves can be classified into oil and gas, water and wastewater treatment, power generation, chemicals, pharmaceuticals, and others. The oil and gas industry is a major end user of control valves, where they are essential for regulating flow, pressure, and temperature in various processes. Water and wastewater treatment plants also utilize control valves for precise control of water flow and treatment chemicals.

- **End-User Industry:** The market can also be segmented by end-user industry, including oil and gas, energy and power, water and wastewater, chemicals, pharmaceuticals, and others. The oil and gas sector dominates the demand for control valves due to the extensive use of valves in drilling operations, refineries, pipelines, and distribution networks. The energy and power industry follows closely, with control valves being integral to power generation plants for efficient operation and control.

**Market Players**

- **Emerson Electric Co.:** Emerson is a leading player in the global control valves market, offering a wide range of products catering to various industries. The company's innovative technologies and focus on customer needs have solidified its position in the market.

- **Flowserve Corporation:** Flowserve is another key player known for its comprehensive portfolio of control valves designed for critical applications in industries such as oil and gas, power generation, and water treatment. The company's global presence and dedication to quality make it a preferred choice for many customers.

- **Schneider Electric SE:** Schneider Electric is a prominent player that provides integrated solutions including control valves for industrial automation and processEmerson Electric Co., Flowserve Corporation, and Schneider Electric SE are key players in the global control valves market, each contributing significantly to the industry with their innovative solutions and strong market presence. Emerson's wide range of products tailored to various industries underscores its commitment to meeting diverse customer needs. The company's focus on technological advancements and customer-centric approach has enabled it to establish a strong foothold in the market, making it a preferred choice for many organizations across different sectors.

Flowserve Corporation is recognized for its comprehensive portfolio of control valves, specifically designed to address critical requirements in industries such as oil and gas, power generation, and water treatment. The company's global reach and unwavering dedication to quality and reliability have positioned it as a trusted partner for customers seeking high-performance control valve solutions. Flowserve's expertise in providing cutting-edge products for challenging applications further enhances its competitive edge in the market.

Schneider Electric SE stands out as a prominent player offering integrated solutions that encompass control valves for industrial automation and process applications. The company's emphasis on providing holistic solutions that enhance operational efficiency and productivity has earned it a strong reputation in the market. Schneider Electric's commitment to innovation and sustainability aligns with the evolving needs of industries worldwide, positioning it as a frontrunner in the control valves market.

The global control valves market continues to witness growth driven by factors such as increasing automation trends, focus on operational efficiency, and stringent regulations regarding process control and safety. The demand for control valves across various industries, including oil and gas, power generation, water and wastewater treatment, chemicals, and pharmaceuticals, underscores the significance of these components in optimizing industrial processes and ensuring smooth operations.

As industries increasingly adopt advanced technologies and digital solutions, the market for control valves is poised for further expansion. Companies like Emerson Electric Co., Flowserve Corporation, and Schneider Electric SE are at the forefront of driving innovation and setting industry standards in terms of product performance, reliability, and customer satisfaction. With a strong emphasis on research and development, these**Segments**

- **Product Type:** - Pneumatic control valves are preferred for simple and reliable applications. - Hydraulic control valves are suitable for high-pressure applications. - Electric control valves are gaining popularity due to automation advancements.

- **Application:** - Control valves are used across industries like oil and gas, water treatment, power generation, chemicals, and pharmaceuticals. - Essential for regulating flow, pressure, and temperature in various processes. - Water treatment plants rely on control valves for precise water flow control.

- **End-User Industry:** - Oil and gas, energy and power, water and wastewater, chemicals, pharmaceuticals are major users of control valves. - Oil and gas sector dominates demand due to extensive use in drilling, refining, and distribution. - Energy and power industry relies on control valves for efficient plant operation.

**Market Players**

- **Emerson Electric Co.:** - Offers a wide range of products catering to various industries. - Innovative technologies and customer focus strengthen market position.

- **Flowserve Corporation:** - Known for comprehensive control valve portfolio for critical applications. - Global presence and quality focus make it a preferred choice.

- **Schneider Electric SE:** - Provides integrated solutions including control valves for industrial automation. - Strong reputation for enhancing operational efficiency and productivity.

Global Control Valves Market drives growth through automation trends, operational efficiency focus, and stringent regulations. With rising adoption of technology

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Control Valves Market

Chapter 3: Regional analysis of the Global Control Valves Market industry

Chapter 4: Control Valves Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key takeaways from the Control Valves Market report:

Detailed considerate of Control Valves Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Control Valves Market-leading players.

Control Valves Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Control Valves Market for forthcoming years.

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