“These are the rules of big business. They have superseded the teachings of our parents and are reducible to a simple maxim: Get a monopoly; let Society work for you; and remember that the best of all business is politics, for a legislative grant, franchise, subsidy or tax exemption is worth more than a Kim-berly or Comstock lode, since it does not require any labor, either mental or physical, for its exploitation.” – Frederic C. Howe
by Antony Sutton
“Frederic Howe’s Confessions of a Monopolist is the story of a man who stumbles upon the secret of power politics and the modus operandi of the financial elite. Howe’s book is as relevant and revealing today as the day it was written in 1906. This is the saga of the fascinating lure of something for nothing, of making the other fellow pay, a universally tempting creed polished by the corporate monopolists and adopted by the demogogues of all stripes and hues to capture the commanding heights of society. In sum, Howe portrays the art of making society work for the few.
The basic rules of the elitist game are simple: Achieve political influence. Get political power. All monopoly depends on legislation and politics. Without politics, there can be no monopoly. It’s that simple says Frederic Howe.
So, from Howe in 1906, we can trace our developing problems of unemployment, the strangling of free enterprise, crippling taxation and lack of opportunities. Behind an only partly fictional cover Howe presents the root cause of the collapse of Britain and Italy today, and the coming financial collapse of the United States. Why? Because the credo of making the other fellow pay won’t work when everyone tries to live at the expense of everyone else.
The voice of the 1906 Wall Street monopolist is reflected today in the voice of the liberal welfare-warfare
establishment: A socialist monopoly now parallels the old corporate monopoly. The profiteers are always the boys running the operation at the top.”