Most people have a different strategy, which involves producing a product or service of value. Megalomaniacal monopolists such as these two seek to extract mon

Most people have a different strategy, which involves producing a product or service of value. Megalomaniacal monopolists such as these two seek to extract monopoly rents by cornering markets. Their differences with each other are trivial, and the contrast between them and nearly everyone else in the normal business world is stark. They are robber barons, it’s not some new and exciting story, it’s a tiny class of humans, there’s only a few dozen at any given time. > the term was typically applied to businessmen who purportedly used exploitative practices to amass their wealth.[2] These practices included exerting control over natural resources, influencing high levels of government, paying subsistence wages, squashing competition by acquiring their competitors to create monopolies and raise prices, and schemes to sell stock at inflated prices to unsuspecting investors. Sound familiar? https://en.wikipedia.org/wiki/Robber_baron_(industrialist) https://en.wikipedia.org/wiki/Robber_baron_(industrialist)