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Monopolies and the People

By D. C. Cloud

(3.5 stars) • 10 reviews

"Monopolies and the People" by D. C. Cloud is a critical examination of the effects of monopolies and corporate power on democracy and the rights of c...

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2012-03-10
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Overview

"Monopolies and the People" by D. C. Cloud is a critical examination of the effects of monopolies and corporate power on democracy and the rights of citizens, likely written in the late 19th century. This work delves into the historical context of land grants and subsidies given to railroad companies, arguing that such legislation has led to the exploitation of resources and the oppression of the general populace. The author aims to raise awareness among readers about the dangers posed by unchecked corporate influence on government and society. The opening of the book sets the stage for an investigation into how corporations, particularly railroad monopolies, have undermined republican governance in the United States. D. C. Cloud shares his observations that these monopolies have gained significant power, aligning themselves with government interests at the expense of the public. He outlines how land grants and legislative measures intended to facilitate development have instead created a privileged class that enriches itself while oppressing the laboring class. The author emphasizes the necessity of collective action among the people to reclaim their rights and confront these systemic injustices embedded in legislative practices. (This is an automatically generated summary.)

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