Message from @Klutch
Discord ID: 376178940730933249
Government broke it up
Unless they're doing something dumb, the rich get richer without government involvement
Usually when wealth is inherited, it's squandered
I'm not familiar with the history of standard oil
It doesn't have to be passed strictly be inheritance
Holy fuck I just say IE cucking hard on Shelbyville
They're saying they're the future of the right l m a o
Standard oil was the company owned by John D rockefeller. He'd pioneered a new method of the production of Oil where instead of paying say for instance a moving company to move the product, or a limber company for limber, he bought all the companies involved or at least the means to produce the product
It took the presidency of Teddy Rossevelt to end his stranglehold on American Oil. Even after that the Rockefellers are massively wealthy family to this day
They screwed over an entire industry, got rewarded for it, and they're still living like kings
Capitalism is kiked
It sounds like he found a way to produce oil more efficiently
So efficiently he cornered the market
Without any involvement from the government
Why shouldn't the most efficient corner the market?
That's not a monopoly
The competition wasn't efficient
But it was a monopoly. He was the only one who could offer the product for the price he could
And as a result the competition ceases to exist
The word monopoly was coined around this time because of companies like standard oil my man
Redpill yourself about NS economics: http://ironmarch.org/index.php?/topic/6794-fascist-economics-and-socialism-of-duty/
Nobody is blaming the consumer
We're blaming government for not stepping in
The consumer often has no choice but to buy the cheapest product. They have no guilty in this
A monopoly only exists if it prevents competition from entering the market. Monopolies only exist because of the government
Standard Oil prevented other companies from entering the makret
That's simply not true
This argument is getting really circular
Lots of people pay more for "made in America" products. If I lived in a white ethnostate I would buy products made locally
If you could afford to
https://dailystormer.ws/libertarianism-and-marxism-the-twin-offspring-of-liberalism/
This is a great article as well
If you discover a way to make a product 100x cheaper than the next competitor, and you keep that production method to yourself, you're monopolizing the industry
Yeah I feel like we're seeing diminishing returns in this conversation
If I lived in the 1900s and had the resources to buy land & dig for oil, how would the Rockefeller prevent that?
You wouldn't be able to sell the oil for enough to make it worth your while
Offering you a ridiculous sum of money to not do it and give you the oil
And what Fevs says. Your prices could not compete with his in the first place
You would not own the timer companies, the truck companies. etc
If it can't compete then he deserves to have a 90% market share. It's what the consumer wants
And from there he can exploit the consumer