Monopoly
| Monopoly link (market) |
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{{#subobject: |Has superobject=Monopoly |Has objectClass=Quotation |Has author=Antony Sutton|+sep=, |Has text=“[B]oth the extreme right and the extreme left of the conventional political spectrum are absolutely collectivist. The national socialist (for example, the fascist) and the international socialist (for example, the Communist) both recommend totalitarian politico-economic systems based on naked, unfettered political power and individual coercion. Both systems require monopoly control of society. While monopoly control of industries was once the objective of J. P. Morgan and J. D. Rockefeller, by the late nineteenth century the inner sanctums of Wall Street understood that the most efficient way to gain an unchallenged monopoly was to "go political" and make society go to work for the monopolists — under the name of the public good and the public interest. This strategy was detailed in 1906 by Frederick C. Howe in his Confessions of a Monopolist.” |Is about=Monopoly,political spectrum, collectivism, monopoly|+sep=, |Has wikipediaPage= |Has location=|+sep=, |Has publicationDate= |Sourced from=Wall Street and The Bolshevik Revolution |Has sourceDetails=p. 6 |Has sourceTitle= |Has sourceName=Wall Street and The Bolshevik Revolution |Has sourceURL=
}}
“[B]oth the extreme right and the extreme left of the conventional political spectrum are absolutely collectivist. The national socialist (for example, the fascist) and the international socialist (for example, the Communist) both recommend totalitarian politico-economic systems based on naked, unfettered political power and individual coercion. Both systems require monopoly control of society. While monopoly control of industries was once the objective of J. P. Morgan and J. D. Rockefeller, by the late nineteenth century the inner sanctums of Wall Street understood that the most efficient way to gain an unchallenged monopoly was to "go political" and make society go to work for the monopolists — under the name of the public good and the public interest. This strategy was detailed in 1906 by Frederick C. Howe in his Confessions of a Monopolist.”
Antony Sutton [1]
Related terms
- Centralized government / Centralized power / Central power
- More soon.
- Wikipedia: Central power
- More soon.
- Centralization
- More soon.
- Wikipedia: Centralization
- More soon.
- Decentralization / Decentralized / Decentralize
- Decentralization (or decentralisation) is the process by which the activities of an organization, particularly those related to planning and decision-making, are distributed or delegated away from a central, authoritative location or group and given to smaller factions within it. Concepts of decentralization have been applied to group dynamics and management science in private businesses and organizations, political science, law and public administration, technology, economics, and money.
- Distribution / Distributed / Distribute
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- Wikipedia: Distribution
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- Monopoly
- A monopoly is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb monopolise or monopolize refers to the process by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly, as a small business may still have the power to raise prices in a small industry (or market).
- ~ Wikipedia: Monopoly
- A monopoly is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb monopolise or monopolize refers to the process by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly, as a small business may still have the power to raise prices in a small industry (or market).
- Monopoly on violence
- " In political philosophy, a monopoly on violence or monopoly on the legal use of force is the property of a polity that is the only entity in its jurisdiction to legitimately use force, and thus the supreme authority of that area. "
- ~ Wikipedia: Monopoly on violence
- " In political philosophy, a monopoly on violence or monopoly on the legal use of force is the property of a polity that is the only entity in its jurisdiction to legitimately use force, and thus the supreme authority of that area. "
References
- ↑ Wall Street and The Bolshevik Revolution p. 6
