The power of monopoly in the USA - XIX-XX Century
In 1894 year began a strike in Chicago. They were fighting for better labor conditions a raise of their salary. The government set an investigation of the circumstances that lead to this strike. The workers believed in “the justice” and “independence” of the court. The evaluation that those judges gave to the strike was very different of what the workers hoped for. An example is the letter of William Taft : “An outrageous strike. The military should kill several people…, so the peace is restored. Only 6 people were killed…This is hardly enough to make an impression …”Taft is no ordinary man. Later in his life he was a very important man in the Supreme court, and in 1909 year he became the president of the USA.
Those kind of strikes are not an isolated case. The speed with which the American capitalism developed, exceeded the one that was in England and France in the early 20th century. USA was the first country in industrial manufacture. The fast development of car manufacture, agricultural machine-building and other things needed a development in the way electric power was extracted. The precondition for the fast development of the manufacture is the fact that USA did not suffer from the devastating wars lead in Europe and also the harsh exploration of European and asian settlers. From 1870 till 1900 year in the USA came 14 million people.
In the early 20th century came into existence the monopoly as capitalism. In 1904 year the big capitalist alliances in USA produced ¾ of the whole industrial production in the country. The most powerful monopoly were the petroleum trust of Rockfeler who loved to say: “God send me to this world to make money.” The capitalist Morgan was also a vivid person , who began his career as journalist, in the beginning of the 20th century he was a banker owned the principal metallurgical companies in USA. But the monopoly in USA did not participate in the capture of the colonies in Asia and Africa because at that time they were already distributed. Countries like USA, Germany and Japan, in which the capitalism grows , prepared to distribute the colonial world through out wars that they provoked.
The monopolists subordinated even the state power. In USA the system is based on two parties - democrats and republicans, which changed in governing the country. But during elections there were played such performances so they can win the public opinion and in the end all they said to defend democracy was really fast forgotten. In the end of the 19th century, in the beginning of imperialism, an American millionaire admitted : “ There is no matter from which party is in power or which president rules…We are rich and govern America.”
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1. monopolists said: (11 June 2006, 14:05)
These are the people who really control the world, not some stupid presidents or UN or NATO or smt else.
2. Idunois said: (30 June 2006, 10:34)
The real people who rule the world are the rich? That doesn't make sense in a capitalistic society. The rich can not exploit the poor in a capitalistic society because the poor are the main consumers of the products of the rich. If the rich began to exploit their consumers the consumers would not purchase whatever good or service the rich had to offer causing a decrease in their wealth. The rich control not a capitalistic society but we can point towards and know that it is a mercantile society where the rich are supported by the government. Capitalism does not agree to any type of intervention. As for the monopoly of Rockefeller's it did not receive money from the government, and in any case was just a better run company that kept lowering their prices. The businessman like Rockefeller were heaven sent because they increased the wealth of the poor by allowing goods to be purchased at a cheaper price through the effects of the market system. Unlike the rich who receive tax dollars from the government to support the building of dams... Let us not denote all politicians as some may still believe in the true form of a free capitalistic society, but let us point and let everyone know of those who are only trying to control us.