The Hidden History of Monopolies

Monopoly Kills: Competition, Creativity, and Americans

Left to its own logic, Big Business cares only about profit. With the rules that are currently in place, Big Business is encouraged to ruthlessly pursue profit at the expense of workers, communities, and the environment.

Just like in the game of Monopoly, this will eventually result in a situation where one person, or company, owns nearly everything (at least sector by sector). This happened with the railroads at the end of the 19th century, with the electric lines at the beginning of the 20th century, and with copper telephone lines in the mid-20th century in America under the Bell System, aka “Ma Bell.”

Each time, it has taken the heavy hand of government to break up these monopolies, ...