Apparently this is a direct quote:
monopoly produces competition, competition produces monopoly. Monopolists are made from competition; competitors become monopolists … monopoly can only maintain itself by continually entering into the struggle of competition
Methinks Karl was having a bad day with the housemaid or the boils perhaps when he wrote that.
And it leads one of the country\’s leading \”Marxist theoreticians\” to the conclustion that:
So competition isn\’t the cure – it\’s the disease.
If competition is the disease then monopoly must be the cure: a clear case of the cure being worse than the disease.