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The Monopolists by Mary Pilon Summary

The Monopolists
Mary Pilon
3.72 (1569 Reviews)
History
Business
Economics
Overview
Key Takeaways
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FAQs

Overview of The Monopolists

Monopoly wasn't invented by Charles Darrow, but by feminist Lizzie Magie to critique wealth inequality. This riveting expose uncovers corporate deception, legal battles, and how America's favorite board game became a battleground for intellectual property - praised by Erik Larson as "a must read."

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Key takeaways

1

The Game You Thought You Knew

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What if the board game sitting in your closet, the one that's sparked countless family arguments and taught you to build hotels on Boardwalk, was actually designed to warn you against everything it seems to celebrate? In 1973, when economics professor Ralph Anspach's young son asked why monopolies could be fun in a game but bad in real life, he stumbled onto one of corporate America's best-kept secrets. Monopoly-played by over a billion people and sitting in one-third of American homes-wasn't invented by an unemployed salesman during the Great Depression, as Parker Brothers claimed for decades. Instead, it emerged from the mind of a progressive woman who wanted to expose capitalism's dangers, not glorify them. The real story involves stolen ideas, buried competitors, and a legal battle that would expose how the game itself became the very monopoly it was meant to critique.

2

A Woman's Radical Vision and Its Folk Journey

3

When a City's Inequality Became the Board

4

The Desperate Man Who Saw an Opportunity

5

Burying the Truth in Legal Paperwork

6

The Professor Who Wouldn't Back Down

7

What We Play With Shapes What We Believe

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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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254
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17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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comments
254
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17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

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"It is great for me to learn something from the book without reading it."

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