STATE MONOPOLY
ITS DANGERS NOT REALISED. “Private monopoly means exploitation imperialism and international conflict, excessive poverty on one side and excessive wealth on the other. But neither is the promise of a. State monopoly very attractive. It would mean regiementation, centralisation, bureaucracy, coercion and the degradation of man to the level of a tool and the deprivation of his natural says Professor Ferdynand Zweig, in his book, “Economics and Technology.” “Will our epoch,” he adds, “completely betray and forever abandon the principles of liberty and the fundamental rights of man, or will it return to them afterall? Monopoly, in both its forms, means the abandonment of the principles of liberty and the basing of the whole economic—and consequently the social—order on compulsion/’
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Bibliographic details
Te Awamutu Courier, Volume 53, Issue 3822, 16 October 1936, Page 2
Word Count
122STATE MONOPOLY Te Awamutu Courier, Volume 53, Issue 3822, 16 October 1936, Page 2
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