Famous quote by Mario Puzo

"Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly"

About this Quote

Mario Puzo's quote from "The Godfather" encapsulates a critical point of view on the nature of service and economics, often discussed in conversations of commercialism and market dynamics. The declaration is a reflection on the character in the novel, who, seeing beyond the superficial allure of free-market competitors, identifies monopoly as a more efficient ways of conducting organization.

In the very first part of the quote, "Like numerous entrepreneurs of genius he discovered that complimentary competition was wasteful, monopoly efficient", Puzo recommends that a gifted or astute business person acknowledges inefficiencies intrinsic in free competition. In a competitive market, many business compete for the exact same consumers, which can result in duplicated efforts, increased costs, and the dissipation of valuable resources. By contrast, a monopoly-- where a single entity controls the entire supply of items or services-- eliminates these inefficiencies. Without rivals, the monopolist can improve operations, reduce expenses through economies of scale, and focus entirely on maximizing earnings.

The 2nd part, "And so he merely went about attaining that effective monopoly", even more illustrates the character's decisive action towards getting control. This shows a practical, albeit morally questionable, technique where accomplishing a monopoly ends up being the supreme objective. Instead of getting lost in endless competitors, the character selects to control, making sure long-term stability and profitability.

This story welcomes more comprehensive conversations about the ethical ramifications of monopolies versus the romanticized concept of competition. While monopolies can undoubtedly bring efficiencies, they typically come at the expense of consumer option and can cause exploitation due to lack of competitive pressures. Puzo's representation might be seen as an admonition of the darker sides of industrialism-- where service "genius" careens into the world of shrewd and ethically unclear practices to achieve singular control.

In essence, the quote shows a complicated relationship between effectiveness and ethics, advising readers to consider the true expense of monopolistic power and the fundamental tensions within capitalist systems.

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About the Author

USA Flag This quote is written / told by Mario Puzo between October 15, 1921 and July 2, 1999. He/she was a famous Novelist from USA. The author also have 10 other quotes.
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