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Monopolies - A Case Study John Brown Monopolization And Its Implication On A World Scale The monopolization of the capitalist system is at the base a degradation not only of the free-competition of the capitalistic bourgeoises socio-economic order it is also the degradation of the working class and in fact the respective systems imminent demise During the Cold War competition between potential monopolist nations USA France Germany England and Canada was highly minimized and co-operation was ironically encouraged to counter the Soviet threat Today with the fall of the pseudo-socialist states in the Eastern block and the subsequent degeneration of such states in Asia cooperation has been deemed unnecessary and a general neo-imperialistic takeover a rat race if the reader will bear with me has been instigated However it must be understood before the reader continues the process unravelling before our eyes today this disaster is not a recent occurrence Some economists and political analysts have dated itsbirth to the start of the Russo-Japanese war and the industrialization of the African colonies imperialism This being the case though imperialism is primarily considered a political phenomenon by bourgeoises economists socialists have cooked deeper into the matter and unveiled the economic character of imperialism and its apparent contradictions this will be dealt with later as well as an overview of the historic contradictions economic intricacies and ethical realities of imperialism It should also be stated that the term monopoly monopolization will be dealt with from the left-wing point of view as imperialism The two prevalent schools of economic thought the left wing socialist and the right wing libertarian laissez fare capitalists have entirely different view on the matter of monopolization of capital While the socialist especially those of the Marxist persuasion to which the author belongs claim that the monopolization of capital is the most significant event in the history of capitalism since robotics
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