Monopoly: Implications

tenement-eastside-1If one can crowd their competitors out of the market and control the majority or all of the land in the game, the contest is over. Monopoly was developed in an age in which society was divided economically, some were quite wealthy while others were incredibly poor. Because people were unable to purchase goods or land of their own, they used the game as a way to consolidate themselves on the absence of such wealth and also to pretend for even a little while that they were wealthy. This, however, is not what the game was intended to be. There is no concrete inventor or exact date of ‘birth’ for the game. Regardless, the initial form of the game was meant to protest the rise of monopolies and to inform citizens of the promise of other forms of economics. The game was meant to discourage people from buying into such an economy that supported monopolies because monopolies were damaging citizens’ individual wealth [1]. However, this was quickly lost upon the players of the game when, as aforementioned, it was interpreted more as a promotion for monopolies than a detraction from monopolies. Because people enjoy winning and are naturally competitive, people do not see that they, as monopolists are damaging those that must pay rent but rather that they are earning considerable amounts of money from that rent [1].

 

 

[1] “The Woman Inventor Behind Monopoly”, LEMELSON CENTER for the Study of Invention and Innovation, accessed April 25, 2017, http://invention.si.edu/woman-inventor-behind-monopoly

 

Pictures:

a) “Tenement of the Lower East Side”, The Museum of Family History, accessed April 25, 2017, http://www.museumoffamilyhistory.com/mfh-tenement.htm

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