all out of proportion with their natural value. Take salt for example. Suppose that a man or a group of men succeed in having the exclusive production and sale of salt assigned to themselves. It is apparent that this man or group could raise the price of this commodity well above its value, well above the price it would have under a regime of free competition.
One will then say that this man or this group possesses a monopoly, and that the price of salt is a monopoly price.
But it is obvious that the consumers will not consent freely to paying the abusive monopoly surtax. It will be necessary to compel them to pay it, and in order to compel them, the employment of force will be necessary.
Every monopoly necessarily rests on force.
When the monopolists are no longer as strong as the consumers they exploit, what happens?
