Monopolist Quotes
I think the basic misconception is to speak of the so-called "best” allocation of resources. What is the best? In common economics it is defined as what would be if we knew everything. Economists operate with the fictitious assumption that all the relevant data is known, but this is totally unrealistic. Nobody knows all the data. What we have is widely dispersed knowledge, which cannot be concentrated in one mind. To call the situation-which would use all the knowledge available-"optimal” is nonsense because it is by definition a non-achievable solution. Our problem is not the full utilization of all knowledge but the best use we can achieve with any known institutional structure. In that sense, some oligopolistic (and even monopolistic situations), represent the best possible utilization of knowledge that we can achieve. Even the action of a monopolist can be extremely beneficial.
Friedrich Hayek
In relinquishing power...I shall leave a name execrated by every monopolist who, from less honourable motives, clamours for protection because it conduces to his own individual benefit; but it may be that I shall leave a name sometimes remembered with expressions of good will in the abodes of those whose lot it is to labour, and to earn their daily bread by the sweat of their brow, when they shall recruit their exhausted strength with abundant and untaxed food, the sweeter because it is no longer leavened by a sense of injustice.
Robert Peel
No doubt if all men were just and virtuous; if cupidity were never tempted to devour the people's substance; if the rich, receptive to the voices of reason and nature, regarded themselves as the bursars of society, or as brothers to the poor, it might be possible to recognize no law but the most unlimited freedom; but if it is true that avarice can speculate on the misery and tyranny itself on the despair of the people; if it is true that all the passions declare war on suffering humanity, then why should not the law repress these abuses? Why should it not stay the homicidal hand of the monopolist, as it does that of the common murderer? Why should it not concern itself with the subsistence of the people, after caring so long for the pleasures of the great, and the power of despots?
Maximilien Robespierre
Our America is integrated by a group of more or less homogeneous countries and in most parts of its territory U. S. monopolist capitals maintain an absolute supremacy. Puppet governments or, in the best of cases, weak and fearful local rulers, are incapable of contradicting orders from their Yankee master.
Che Guevara
Roads are made, streets are made, services are improved, electric light turns night into day, water is brought from reservoirs a hundred miles off in the mountains -- and all the while the landlord sits still. Every one of those improvements is effected by the labour and cost of other people and the taxpayers. To not one of those improvements does the land monopolist, as a land monopolist, contribute, and yet by every one of them the value of his land is enhanced. He renders no service to the community, he contributes nothing to the general welfare, he contributes nothing to the process from which his own enrichment is derived.
Winston Churchill
