Monopoly

From Wikispooks
Jump to navigation Jump to search

Concept.png Monopoly 
(market)Rdf-icon.png

“[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]


References

  1. Wall Street and The Bolshevik Revolution p. 6


57px-Notepad icon.png This is a page stub. Please add to it.