George Watson Quote - Liberty Quotes Blog

"Monopoly favors the rich (on the whole) just as
competition (on the whole) favors the poor."

by:	George Watson
Source:	Journal of Economic Affairs
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Categories:	Competition, Monopoly, Poverty, Wealth
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Reader comments about this quote:

The monopoly of the AMA, the Bar, valueless funny money, etc. proves the point -- Mike, Norwalk
-- Anonymous, Reston, VA, US
-- jim kilpatrick, Austin, Tx
Maybe we need more than one federal government. It seems they are the UNREGULATED monopoly in this nation. -- cal, lewisville, tx
And the ADA might deserve mention here, also. -- Claud, Reading, Pa
Indeed, Rockefeller said, "Competition is a sin," while organizing the banking monopoly of the Federal Reserve. And the unfettered masses will produce a thousand solutions better than the monopolized one. -- E Archer, NYC
Sharing and cooperation promotes the life force. -- Fredrick William Sillik, Anytown