A Quote by Peter Thiel

Monopolies are bad and deserve their reputation when things are static and the monopolies function as toll collectors... But I think they're quite positive when they're dynamic and do something new.

Peter Thiel

Quote Topics

Bad Collectors Deserve Dynamic Function Monopolies New Positive Quite Reputation Something Something New Static Things Think Toll

Quote Author

Peter Thiel
American - Businessman
Born: October 11, 1967

Cable companies aren't bad because they're parts of unwieldy media conglomerates. They're bad because they're monopolies (even where they are no longer legally exclusive) and because the government policies that made them monopolies rewarded lobbying over customer service.

Virginia Postrel

I talked about the barriers created by monopolies. I said that it was the role of government to break up these monopolies and that we couldn't do it alone.

Joichi Ito

Monopolists always defend their monopolies by arguing that competition is wasteful. When the railroad barons completed their monopoly, they argued it would be wasteful to have competing rail lines, AT&T said the same thing. But today, the size and scope of these monopolies is different.

Franklin Foer

The "health, education, and welfare" section of government is another boondoggle. First we manufacture indigent and superfluous people by legal monopolies in land, money and idea patents, erecting tariff barriers to protect monopolies from foreign competition, and taxing laborers to subsidize rich farmers and privileged manufacturers. Then we create "social workers, " etc., to care for them and thereby establish a self-aggravating and permanent institutionalized phenomenon.

Laurance Labadie

Governments have monopolies on certain things, like eminent domain and deadly force.

P. J. O'Rourke

Our problem isn't that we're individualists. It's that our individualism is static rather than dynamic. We value what we think rather than what we do. We forget that we haven't done, or been, what we thought; that the first function of life is action, just as the first property of things is motion.

Fernando Pessoa

When money, rather than innovation or value, is your competitive advantage, that's when things get boring and stagnant, and monopolies take root.

Hank Green

We protect monopolies with copyright.

Peter Thiel

Function is fundamental to design, of course. If something doesn't work, it's a bad product, and I certainly get frustrated by things that aren't functional. But there has to be more than function. A house has to function, but if that's all it does, you don't love it.

Marcel Wanders

Nature hates monopolies and exceptions.

Ralph Waldo Emerson

I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

Alan Greenspan

How come there's only one Monopolies Commission?

Nigel Rees

It is a free market that makes monopolies impossible.

Ayn Rand

I don't think we can go back to the old days. But I think that what the government needs to do is it needs to make sure that the pricing is fair, that you don't have monopolies out there, so that people don't have a chance to compete fairly.