Frédéric Bastiat：Economic Sophisms, Excerpt 329

When monopoly is an isolated fact, it never fails to enrich the man who is invested with it. It may happen, then, that other classes of producers, in place of waiting for the downfall of this monopoly, demand for themselves similar monopolies. This species of spoliation, thus erected into a system, becomes the most ridiculous of mystifications for everybody; and the ultimate result is, that each man believes himself to be deriving greater profit from a market which is impoverished by all.

Source： https://www.gutenberg.org/ebooks/44145
Locator：Excerpt 329 · Verified：2026-10-19 · Verification：Short excerpt

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