Archive for February, 2014

Breaking The Fourth Monopoly – Part 1 of 2

 

“The evolution of this centralized society was as logical as every other work of nature. When force reached the stage where it expressed itself exclusively through money, the governing class ceased to be chosen because they were valiant or eloquent, artistic, learned, or devout, and were selected solely because they had the faculty of acquiring and keeping wealth.” – Brooks Adams

Something Runs In The Family

Brooks Adams was the grandson of a U.S. President, and the great grandson of another. Perhaps not surprisingly, he shared his ancestors’ distrust of excessive wealth and power in the hands of an elite.

His best known work, The Law of Civilization And Decay, discusses the predictable cycles by which civilizations rise and fall:

“At first, commercial activities flourish in

^