Monopoly Quotes - Page 7

• An American economist of two generations ago, H. J. Davenport, who was the best friend Thorstein Veblen ever had (Veblen actually lived for a time in Davenport's coal cellar) once said: "There is no reason why theoretical economics should be a monopoly of the reactionaries." All my life I have tried to take this warning to heart, and I dare call it to your favorable attention.

  Paul Samuelson

  Heart, Two, Generations

  Paul A. Samuelson (1972). “The Collected Scientific Papers of Paul Samuelson, Volume 3”, MIT Press

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• Wall Street owns the country. It is no longer a government of the people, for the people and by the people, but a government for Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master…Let the bloodhounds of money who have dogged us thus far beware.

  Mary Elizabeth Lease

  Country, Wall, Government

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• The great common people of this country are slaves, and monopoly is the master. . . . The politicians said we suffered from overproduction. Overproduction, when 10,000 little children, so statistics tell us, starve to death every year in the United States. . . . We will stand by our homes and stay by our fireside by force if necessary, and we will not pay our debts to the loan-shark companies until the government pays its debts to us.

  Mary Elizabeth Lease

  Country, Children, Home

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• [A]ll churches, whether Jewish, Christian or Muslim, are simply human inventions. They use fear to enslave us. They are a monopoly for power and profit.

  Thomas Paine

  Christian, Church, Use

  "The Age of Reason". Book by Thomas Paine, 1794.

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• If the human intellect is allowed to impose a preconceived pattern on society, if our powers of reasoning are allowed to lay claim to a monopoly of creative effort... then we must not be surprised if society, as such, ceases to function as a creative force.

  Friedrich August von Hayek

  Effort, Creative, Patterns

  "Studies in Philosophy, Politics and Economics". Book by Friedrich August von Hayek, "What is 'Social'? - What Does it Mean" (ch. 17), 1967.

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• So: if the chronic inflation undergone by Americans, and in almost every other country, is caused by the continuing creation of new money, and if in each country its governmental "Central Bank" (in the United States, the Federal Reserve) is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation? Who except the very institution that is solely empowered to create money, that is, the Fed (and the Bank of England, and the Bank of Italy, and other central banks) itself?

  Murray Rothbard

  Country, England, United States

  "The Case against the Fed". Book by Murray Rothbard, 1994.

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• Monopolies are not justified by theory; they should be permitted only when justified by facts. If there is no solid basis for extending a certain monopoly protection, then we should not extend that protection. This does not mean that every copyright must prove its value initially. That would be a far too cumbersome system of control. But it does mean that every system or category of copyright or patent should prove its worth. Before the monopoly should be permitted, there must be reason to believe it will do some good -- for society, and not just for monopoly holders.

  Lawrence Lessig

  Believe, Mean, Patents

  "May the Source Be With You". www.wired.com. December 21, 2001.

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• Abstract and conceptual painters face different demons than representational painters, but neither group has a monopoly on either authenticity or originality.

  Steven Whitney

  Groups, Different, Faces

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• I honestly believe that sound commercialism is the best test of true value in art. People work hard for their money and if they won't part with it for your product the chances are that your product hasn't sufficient value. An artist or writer hasn't any monopoly .... If the public response to his artistry is lacking, he'd do well to spend more time analyzing what's the matter with his work, and less time figuring what's the matter with the public.

  Berton Braley

  Art, Believe, Hard Work

  Berton Braley (1934). “Pegasus Pulls a Hack: Memoirs of a Modern Minstrel”

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• When we use the term pig, for example, we are referring to the people who systematically violate the peoples' constitutional rights - whether they be monopoly capitalists or police. The term is now being adopted by radicals, hippies, and minority peoples. Even the workers, when the pigs supported strike-breakers like they did as Union Oil where 100 local police came in a cracked strikers' heads, began to call them by their true name.

  Bobby Seale

  Hippie, Rights, Pigs

  The Guardian Interview, February 1970.

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• If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.

  Warren Buffett

  Running, Past, Talking

  Source: hurricanecapital.wordpress.com

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• Greece is a sort of American vassal; the Netherlands is the country of American bases that grow like tulip bulbs; Cuba is the main sugar plantation of the American monopolies; Turkey is prepared to kowtow before any United States proconsul and Canada is the boring second fiddle in the American symphony.

  Andrei Gromyko

  Country, Turkeys, Symphony

  New York Herald Tribune, June 30, 1953.

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• There is no such thing as absolute cost of labour; it is all a matter of comparison. Every one gets the most which he can for his exertions; some can get little or nothing, because they have not sufficient strength, knowledge or ingenuity; others get much, because they have, comparatively speaking, a monopoly of certain powers.

  William Stanley Jevons

  Cost, Littles, Matter

  William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

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• If the State does not enjoy a monopoly of violence, which then gives it the power to order people's lives and to compel them to obey decisions over which they have no control, or just limited control, then I think you have a consistently libertarian society.

  Murray Bookchin

  Thinking, Order, People

  Interview with Jeff Riggenbach, reason.com. October 1979.

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• Property is only another name for monopoly.

  William Stanley Jevons

  Names, Property

  William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

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• the twelve or fifteen millions in the British Empire, who, while they possess no electoral rights, are yet persuaded they are freemen, and who are mystified into the notion that they are not political bondmen, by that great juggle of the ' English Constitution ' a thing of monopolies, and Church-craft, and sinecures, armorial hocus-pocus, primogeniture, and pageantry!

  Richard Cobden

  Rights, Political, Church

  Richard Cobden (2007). “Richard Cobden's German Diaries”, p.24, Walter de Gruyter

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• Certainly, envy is no monopoly of the poor; it makes itself felt in all sections of society; it haunts the court, the library, the barrack-room, even the sanctuary; it is provoked in some unhappy souls by the near neighbourhood of any superior rank or excellence whatever.

  Henry Parry Liddon

  Envy, Soul, Excellence

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• Grover Cleveland declined to participate in character attacks on Blaine . When presented with papers which purported to be extremely damaging to Blaine, he grabbed them, tore them up, flung the shreds into the fire, and decreed, "The other side can have a monopoly of all the dirt in this campaign.

  Grover Cleveland

  Character, Fire, Cleveland

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• If a Coach is determined to stay in the coaching profession, he will develop from year to year. This much is true, no coach has a monopoly on the knowledge of basketball. There are no secrets in the game. The only secrets, if there are any, are good teaching of sound fundamentals, intelligent handling of men, a sound system of play, and the ability to instill in the boys a desire to win.

  Adolph Rupp

  Basketball, Teaching, Intelligent

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• Think big, think fast, think ahead. Ideas are no one's monopoly.

  Dhirubhai Ambani

  Inspirational, Powerful, Thinking

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• All rent is based on the monopoly power of private owners of certain portions of the globe.

  David Harvey

  Monopoly Power, Owners, Certain

  David Harvey (2001). “Spaces of Capital: Towards a Critical Geography”, p.395, Routledge

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• It is one of the saddest spectacles of our time to see a great democratic movement support a policy which must lead to the destruction of democracy and which meanwhile can benefit only a minority of the masses who support it. Yet it is this support from the Left of the tendencies toward monopoly which make them so irresistible and the prospects of the future so dark.

  Friedrich August von Hayek

  Dark, Support, Democracy

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• A lot of women do a lot of harm because they don't control their emotions. But in terms of violence, men seem to have a monopoly

  Dennis Prager

  Men, Violence, Emotion

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• The overwhelming pressure of mechanization evident in the newspaper and the magazine, has led to the creation of vast monopolies of communication. Their entrenched positions involve a continuous, systematic, ruthless destruction of elements of permanence essential to cultural activity.

  Harold Innis

  Communication, Essentials, Elements

  "Changing Concepts of Time". Book by Harold Innis, p. 15, 1952.

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• I get more upset at losing at other things than chess. I always get upset when I lose at Monopoly.

  Magnus Carlsen

  Upset, Chess, Losing

  "Magnus Carlsen, chess prodigy from Norway" by Dylan Loeb Mcclain, www.nytimes.com. September 1, 2008.

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