Free Capitalist Network - Community Archive
Mises Community Archive
An online community for fans of Austrian economics and libertarianism, featuring forums, user blogs, and more.

How did American Sugar Refining Company gain 98% of market share

rated by 0 users
Not Answered This post has 0 verified answers | 5 Replies | 1 Follower

Not Ranked
101 Posts
Points 1,680
gravyten577 posted on Mon, Jan 7 2013 11:27 AM

Currently reading "The Constitution in Exile" by Judge Napolitano and on page 79 he talks about the United States v. E.C. Knight (1985) where congress attempted to prevent American Sugar from acquiring four competing refineries under the Sherman Antitrust Act. The Supreme Court ruled this unconstitutional

 

My question is how did American Sugar gain 98% of market share

"Inflation has been used to pay for all wars and empires as far back as ancient Rome… Inflationism and corporatism… prompt scapegoating: blaming foreigners, illegal immigrants, ethnic minorities, and too often freedom itself" End the Fed P.134Ron Paul
  • | Post Points: 20

All Replies

Not Ranked
1,133 Posts
Points 20,435
Jargon replied on Mon, Jan 7 2013 12:18 PM

I can't answer your question in totality, but American Sugar interests received massive help from the US government in terms of enforcing property rights (large tracts of land on caribbean sugar-producing islands) which were basically given away under puppet regimes. There would be uprisings on said islands and the military would come in to calm them down and keep business moving on as usual. I can't give you specifics for each island, but this sort of thing is given frequent reference in Rothbard's "Banks, Wall Street and Foreign Policy".

Here's one specific example of US influence through puppet-leaders:

http://en.wikipedia.org/wiki/Ulises_Heureaux (and for further reading: http://onlinelibrary.wiley.com/doi/10.1111/1467-7709.00355/abstract)

and for reference on US Military involvement in the Caribbean:

http://en.wikipedia.org/wiki/Timeline_of_United_States_military_operations  (note all the instances of 'protecting interests')

I hope this helps.

Land & Liberty

The Anarch is to the Anarchist what the Monarch is to the Monarchist. -Ernst Jünger

  • | Post Points: 20
Not Ranked
101 Posts
Points 1,680

Thanks this did help

 

I remember learning about American sugar interests in Hawai

 

http://www.history.com/this-day-in-history/americans-overthrow-hawaiian-monarchy

"Inflation has been used to pay for all wars and empires as far back as ancient Rome… Inflationism and corporatism… prompt scapegoating: blaming foreigners, illegal immigrants, ethnic minorities, and too often freedom itself" End the Fed P.134Ron Paul
  • | Post Points: 20
Not Ranked
2,258 Posts
Points 34,610

http://www.history.com/this-day-in-history/americans-overthrow-hawaiian-monarchy

Yeah, I think as libertarians we've got to support the rights of Hawaiian natives to leave the US statedom and return to self-determination. That whole incident is anathema.

Autarchy: rule of the self by the self; the act of self ruling.
  • | Post Points: 20
Not Ranked
101 Posts
Points 1,680

Strange coincidence this just came out on Mises daily (I have not read the article yet)

 

http://www.mises.org/daily/6338/Fighting-for-Oil

"Murray Rothbard, in detailing the prime motives for the first war in Iraq, made a crucial point. Intervention in Iraq is indeed about oil. But it is not about national access to oil per se, but about the privileged access of certain oil producers. It is war, not for consumer capitalism, but for crony capitalists."

"Inflation has been used to pay for all wars and empires as far back as ancient Rome… Inflationism and corporatism… prompt scapegoating: blaming foreigners, illegal immigrants, ethnic minorities, and too often freedom itself" End the Fed P.134Ron Paul
  • | Post Points: 20
Not Ranked
1,133 Posts
Points 20,435

Maybe the first war, but not the second one:

http://america-hijacked.com/2009/12/15/iraq-war-was-for-israel-not-for-iraqi-oil/

http://www.nytimes.com/2009/11/13/business/global/13iraqbiz.html?_r=2&pagewanted=2&

Pacify Iraq, then Syria, then you can build a pipeline to Israel.

http://www.guardian.co.uk/world/2003/apr/20/israelandthepalestinians.oil

Land & Liberty

The Anarch is to the Anarchist what the Monarch is to the Monarchist. -Ernst Jünger

  • | Post Points: 5
Page 1 of 1 (6 items) | RSS