Nicholas Conder
TIKhistory
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Comments by "Nicholas Conder" (@nicholasconder4703) on "Did Wall Street fund FDR, Hitler and the Bolsheviks? Looking at Prof. Antony C Sutton's theory" video.
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TIK, I disagree that the socialist policies create monopolies. One need only see the rise of monopolies like the medieval guilds, the Hudson's Bay Company, British East India Company and other monopolies in the 1700s, Standard Oil and the railroad barons in the US during the 1800s (when socialism was not influential), and Microsoft, AT&T, and more modern examples i the 20th century. Indeed, it was government policy that broke up the monopolies like Standard oil. The real driving force for monopolies is greed, the desire to acquire more and more until you own everything and can dictate your own price. They occur because of base human nature, not socialism. Yes, socialism forms a government-based monopoly, that I won't disagree with. But monopolies have been around long before socialism was dreamt of.
I would argue that socialism came about BECAUSE of monopolies and their policies of keeping wages low to increase profit margins. That, and low living standards at the start of the industrial revolution caused by low wages. What Marx, Engels and many other socialists never grasped, because of their myopia and egos, and complete lack of understanding of human nature, is that the conditions that birthed socialism were short-lived phenomena that would be remedied by improved living standards.
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I think Sutton's biggest problem, like many intellectuals, is that he ignores base human nature. All these companies were basically looking at all these markets with dollar signs in their eyes. Yes, they funded the Bolsheviks, Nazis, etc., but it was out of blind greed, not a conspiracy. All they saw were new markets to exploit, ethics be damned. It was rather like the Chinese Nationalist generals who, immediately after WW2, sold a lot of the equipment the Americans gave them to the Chinese Communists. It's amazing how stupid people get when they see a way to make a profit. If that weren't the case, we wouldn't have Ponzi schemes, conmen selling the Brooklyn Bridge (multiple times), the Bre-X scandal, etc.
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