Best 53 quotes in «monopoly quotes» category

No despotism, no privileged monopolies, no police societies, no divine rights of the emirs or feudal landlords or shady priests and sheikhs. All had the same equal footing—the rich and the poor, the noble and the common.

One of the many signs of verbal virtuosity among intellectuals is the repackaging of words to mean things that are not only different from, but sometimes the direct opposite of, their original meanings. 'Freedom' and 'power' are among the most common of these repackaged words. The basic concept of freedom as not being subjected to other people's restrictions, and of power as the ability to restrict other people's options have both been stood on their heads in some of the repackaging of these words by intellectuals discussing economic issues. Thus business enterprises who expand the public's options, either quantitatively (through lower prices) or qualitatively (through better products) are often spoken of as 'controlling' the market, whenever this results in a high percentage of consumers choosing to purchase their particular products rather than the competing products of other enterprises. In other words, when consumers decide that particular brands of products are either cheaper or better than competing brands of those products, third parties take it upon themselves to depict those who produced these particular brands as having exercised 'power' or 'control.' If, at a given time, three-quarters of the consumers prefer to buy the Acme brand of widgets to any other brand, then Acme Inc. will be said to 'control' three-quarters of the market, even though consumers control 100 percent of the market, since they can switch to another brand of widgets tomorrow if someone else comes up with a better widget, or stop buying widgets altogether if a new product comes along that makes widgets obsolete. ....by saying that businesses have 'power' because they have 'control' of their markets, this verbal virtuosity opens the way to saying that government needs to exercise its 'countervailing power' (John Kenneth Galbraith's phrase) in order to protect the public. Despite the verbal parallels, government power is in fact power, since individuals do not have a free choice as to whether or not to obey government laws and regulations, while consumers are free to ignore the products marketed by even the biggest and supposedly most 'powerful' corporations in the world.

The only way to neutralize the effect of public journals is to multiply them indefinitely.

These days, the bigger the company, the less you can figure out what it does.

This monopoly of information is a threat to democracy...

As Dr. Sigmund Freud has observed, it can not even be said that the State has ever shown any disposition to suppress crime, but only to safeguard its own monopoly of crime.

Saying that you are moral because you believe in a god is like saying you are an economist because you play monopoly.

...Turn our thoughts, in the next place, to the characters of learned men. The priesthood have, in all ancient nations, nearly monopolized learning. Read over again all the accounts we have of Hindoos, Chaldeans, Persians, Greeks, Romans, Celts, Teutons, we shall find that priests had all the knowledge, and really governed all mankind. Examine Mahometanism, trace Christianity from its first promulgation; knowledge has been almost exclusively confined to the clergy. And, even since the Reformation, when or where has existed a Protestant or dissenting sect who would tolerate a free inquiry? The blackest billingsgate, the most ungentlemanly insolence, the most yahooish brutality is patiently endured, countenanced, propagated, and applauded. But touch a solemn truth in collision with a dogma of a sect, though capable of the clearest proof, and you will soon find you have disturbed a nest, and the hornets will swarm about your legs and hands, and fly into your face and eyes. [Letters to John Taylor, 1814, XVIII, p. 484]

two well-recognized economic principles. First, the firmer the monopolistic controls in a given market, the higher the prices. Second, monopoly prices are discriminatory prices. "Charging all the traffic will bear" does not mean that all the traffic will bear the same charge! In fact, it will not.

Donald Trump's mother, who said, Donnie! Stop playing Monopoly and get in that barber's chair! Never got a dinner!

Boys do not have the monopoly in Staring Business, after all.

Finally, I decided that the proper strategy was to stare back. Boys do not have a monopoly on the Staring Business.

If the government objects to monopoly prices for new inventions, it should stop granting patents.

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.

Chelsea are the team who can break the Arsenal and Manchester United monopoly.

God's grace and revelation are the monopoly of no race or nation.

I intend no Monopoly, but a Community in Learning; I study not for my own sake only, but for theirs that study not for themselves.

I'm sure the gasoline companies would love to keep their 100 percent monopoly on transportation fuel.

It is impossible to find a single example of a monopoly that has ever existed without official protection.

Incredible that liberals aren't more concerned about the monopoly of information in South Dakota.

It was Thomas Jefferson who said that we should not allow the courts to have a monopoly on the interpretation of what is constitutional and what is not.

It is a free market that makes monopolies impossible.

Never forget that it is we New Yorkers and New Englanders who have the monopoly of whatever oxygen there is in the American continent.

Monopoly is the condition of every successful business.

No age or time of life, no position or circumstance, has a monopoly on success. Any age is the right age to start doing!

Monopoly power is an illusion in any system in which free competition is allowed.

No party has a monopoly on wisdom. No democracy works without compromise.

Of course, Americans have no monopoly of patriotic enthusiasm and good faith.

No civilisation can claim to have a monopoly on universal values and no one can claim to be always faithful to his own values.

No one has a monopoly on our unending story of nationhood; no one has the manual for our nationhood.

On first blush this looks to be about money, but it is about power. Is power going to go to the information monopolies, or will it go to developers and users?.

Our public school system is our country's biggest and most inefficient monopoly, yet it keeps demanding more and more money.

Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

Television of course actually started in Britain in 1936, and it was a monopoly, and there was only one broadcaster and it operated on a license which is not the same as a government grant.

The benefit of even limited monopolies is too doubtful, to be opposed to that of their general suppression.

The monopoly of science in the realm of knowledge explains why evolutionary biologists do not find it meaningful to address the question whether the Darwinian theory is true.

The organization of American society is an interlocking system of semi-monopolies notoriously venal, an electorate notoriously unenlightened, misled by mass media notoriously phony.

Public education grants secular worldviews an exclusive monopoly in the classroom.

The East India Company established a monopoly over the production of opium, shortly after taking over Bengal.

The only people who ever prize purity of ignorance are those who profit from a monopoly on knowledge.

These are the rules of big business...Get a monopoly; let society work for you; and remember that the best of all business is politics.

Those who are convinced they have a monopoly on The Truth always feel that they are only saving the world when they slaughter the heretics.

We don't have a monopoly. Anyone who wants to dig a well without a Hughes bit can always use a pick and shovel.

Who can object to a monopoly when any new company, if it is built around a scientific nucleus, can create a new monopoly of its own by creating a wholly new field?

At your next book club meeting, picture me sitting quietly in the corner, taking notes on your preferences. Imagine the next day you get an email from me trying to sell you a new grill — or a book — or accessories for your Glock. That's the Amazon/Goodreads deal. It's appalling. But everywhere in the press, you'll read about the genius of Amazon." (Michael Herrmann and the booksellers of Gibson's)

If American chemical industries are oligopolistic, British, German, French, Italian, indeed European, chemical industries are monopolistic.

If...capital is divided between two different grocers, their competition will tend to make both of them sell cheaper, than if it were in the hands of one only; and if it were divided among twenty, their competition would be just so much the greater, and the chance of their combining together, in order to raise the price, just so much the less. Their competition might perhaps ruin some of themselves; but to take care of this is the business of the parties concerned, and it may safely be trusted to their discretion. It can never hurt either the consumer, or the producer; on the contrary, it must tend to make the retailers both sell cheaper and buy dearer, than if the whole trade was monopolized by one or two persons.

While control is needed, and perfectly warranted, our bias should be clear up front: 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.

A robust regional food system that benefits eaters and farmers cannot be achieved in a marketplace that is controlled, top to bottom, by a few firms and that rewards only scale, not innovation, quality, or sustainability.

Both the law and business have long recognized the propriety of quantity discounts. But since 1914 the Clayton Act has banned price discrimination "when the effect may be to substantially lessen competition or tend to create a monopoly." And since 1936 the Robinson-Patman Act has recognized such quantity discounts as legal only if they represent a saving in cost, and the law places the burden of proof on the seller.