logo

Quotes About Monopolies

Nature hates monopolies and exceptions. The waves of the sea do not more speedily seek a level from their loftiest tossing, than the varieties of condition tend to equalize themselves. There is always some leveling circumstance that puts down the overbearing, the strong, the rich, the fortunate, substantially on the same ground with all others
~ Ralph Waldo Emerson
Still, the ground was only really prepared for capitalism in the familiar sense of the term when the merchants began to organize themselves into eternal bodies as a way to win monopolies, legal or de facto, and avoid the ordinary risks of trade.
~ David Graeber
There's a very good reason that governments aren't supposed to compete with private-enterprise companies. Governments have monopolies on certain things, like eminent domain and deadly force.
~ P. J. O'Rourke
We must not tolerate oppressive government or industrial oligarchy in the form of monopolies and cartels.
~ Henry A. Wallace
Freedom requires that government keep the channels of competition and opportunity open, prevent monopolies, economic abuse and domination.
~ Herbert Hoover
This country would not be a land of opportunity, America could not be America, if the people were shackled with government monopolies.
~ Calvin Coolidge
I talked about the barriers created by monopolies. I said that it was the role of government to break up these monopolies and that we couldn't do it alone.
~ Joichi Ito
Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity.
~ Raghuram Rajan
From the early days of humanity, dogmatic theology, law, ethics, and science in its infancy, were the monopolies of one class and the source of their power.4
~ Alfred Korzybski
Under Ronald Reagan in the United States and Margaret Thatcher in the U.K., there was a rewriting of the basic rules of capitalism. These two governments changed the rules governing labour bargaining, weakening trade unions, and they weakened anti-trust enforcement, allowing more monopolies to be created.
~ Joseph Stiglitz
It's interesting that people throughout the existence of the web have been concerned about monopolies.
~ Tim Berners-Lee
Cable companies aren't bad because they're parts of unwieldy media conglomerates. They're bad because they're monopolies (even where they are no longer legally exclusive) and because the government policies that made them monopolies rewarded lobbying over customer service.
~ Virginia Postrel
Private monopolies run by special interests should not get to raise taxes and set regulatory policy for the United States.
~ Mike Pompeo
But the cruelest of our revenue laws, I will venture to affirm, are mild and gentle, in comparison to some of those which the clamour of our merchants and manufacturers has extorted from the legislature, for the support of their own absurd and oppressive monopolies. Like the laws of Draco, these laws may be said to be all written in blood.
~ Adam Smith
Monopolies are bad because people get bad service for high prices. Competition is good because people get good service for competitive prices.
~ Timothy C. Draper
I don't think we can go back to the old days. But I think that what the government needs to do is it needs to make sure that the pricing is fair, that you don't have monopolies out there, so that people don't have a chance to compete fairly.
~ Dan Glickman
All developmental activities for the common man such as education, healthcare, shelter and food distribution should be handled by reputed private sector institutions. It should be a competitive market in order to prevent the formation of monopolies.
~ N. R. Narayana Murthy
Big telecommunications monopolies - many of whom now seek to be content providers as well - shouldn't be able to price others out of the market simply because they can't pay as much as the giants.
~ Maya Wiley
What the American economy needed instead were new cooperative forms (trusts, pools, monopolies) that would restrain grasping individuals for the general good.
~ Ron Chernow
Since railroads were natural monopolies and couldn't survive much direct competition, they could be easily threatened by small competitors
~ Ron Chernow
The opportunities for political and economic entrepreneurs are still a mixed bag, but they overwhelmingly favor activities that promote redistributive rather than productive activity, that create monopolies rather than competitive conditions, and that restrict opportunities rather than expand them. They
~ Douglass C. North
I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
~ Alan Greenspan
Rockefeller sounded more like Karl Marx than our classical image of the capitalist. Like the Marxists, he believed that the competitive free-for-all eventually gave way to monopoly and that large industrial-planning units were the most sensible way to manage an economy. But while Rockefeller had faith in such private monopolies, the Marxists saw them as merely halfway houses on the road to socialism.
~ Ron Chernow
Rockefeller never saw rebates as criminal or illegitimate or as favors secured only by bullying monopolies. He was correct in stating that listed rates were always a farce, a starting point for haggling.
~ Ron Chernow