Monopoly Pie

In case you need the recipe

Rise to the top of the profit pile and become the last one standing in your market or industry.

Here’s the recipe for monopoly pie in cities, states, and nations.

Ingredients

Prospective customers you can't currently attract
Capabilities you lack
Workers with few options and little power
Governments that offer low taxes
Unprincipled politicians
Good lawyers
Superior public relations
A planet to capture your waste

Directions

Merge to obtain customers or capabilities.
Replace people with cheaper ones, algorithms and software.
Prohibit unions or pay to change labor laws.
Use jargon to soften the displacement: “Growth through efficiency and effectiveness.” “Managing costs.” “Artificial Intelligence.”
Relocate headquarters to where taxes are low.
Leave other operations where taxes are high, but make sure they don’t make too much money: charge yourself for services they provide to you.
Pay ex-politicians to convince current politicians to change laws in your favor.
Keep innovators out, or in court, by arguing that your patents do more than they do.
Charge less to start. Raise prices when competitors bow out.
Automate customer service and reduce personal attention when consumers have no choice.
Release your waste and byproducts anywhere on the planet and call it good for jobs.

Serves

1%

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Less competition, especially from small business
Pay people only what you must to prevent revolt.
Unhappy airline, cellphone, health insurance, banking, and pharmaceutical customers.
Only the wealthy will be able to afford food, water, education, transportation, healthcare and housing.
Salaries stay flat and government funds for social programs disappear.