Difference between revisions of "Cartel"
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A '''cartel''' is a group of apparently independent producers whose goal is to increase their collective profits by means of [[price fixing]], limiting supply, or other such practices. Cartels typically control selling prices, but some are organized to control the prices of purchased inputs. Cartels usually occur in [[oligopolies]], where there are a small number of sellers and usually involve homogeneous products. | A '''cartel''' is a group of apparently independent producers whose goal is to increase their collective profits by means of [[price fixing]], limiting supply, or other such practices. Cartels typically control selling prices, but some are organized to control the prices of purchased inputs. Cartels usually occur in [[oligopolies]], where there are a small number of sellers and usually involve homogeneous products. | ||
+ | |||
+ | == Globalisation == | ||
+ | The first cartel with global reach was arguably the [[Phoebus cartel]] of 1924.<ref>https://www.unwelcomeguests.net/534_-_The_Lightbulb_Conspiracy_(Planned_Obsolescence,_Bottled_Water_and_other_Toxic_Junk)</ref><ref>https://www.newyorker.com/business/currency/the-l-e-d-quandary-why-theres-no-such-thing-as-built-to-last</ref> | ||
{{SMWDocs}} | {{SMWDocs}} | ||
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
{{Stub}} | {{Stub}} |
Latest revision as of 12:43, 1 January 2023
Cartel (alliance) | |
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A cartel is a group of apparently independent producers whose goal is to increase their collective profits by means of price fixing, limiting supply, or other such practices. Cartels typically control selling prices, but some are organized to control the prices of purchased inputs. Cartels usually occur in oligopolies, where there are a small number of sellers and usually involve homogeneous products.
Globalisation
The first cartel with global reach was arguably the Phoebus cartel of 1924.[1][2]
Examples
Page name | Description |
---|---|
Achnacarry Agreement | A top secret 1928 agreement to form an oil cartel of all the major oil producers of the time |
Big pharma | The multinational drug companies, supposedly in competition, but who have interlocking interests and personnel, and who operate a revolving door with their supposed regulatory agencies, now long since captured. |
Central Selling Organisation | |
Drug cartel | A large business entity in the illegal drug trade |
Google News Initiative | Google and the deep state buying domination over corporate media and creating tools to censor independent voices. |
Inter-Alpha Group of Banks | A banking cartel created in 1971 by six banks in the European Community, directed from London by Sir Jacob Rothschild |
Red Line Agreement | Created an oil cartel of immense influence. Except for Gulbenkian, the partners were the supermajor oil companies of today. |
Seven Sisters | Big Oil oligopoly |
Transnational corporation |
Related Quotations
Page | Quote | Author | Date |
---|---|---|---|
Archer Daniels-Midland | “The competitor is our friend and the customer is our enemy....There isn't one grain of anything in the world that is sold in a free market. Not one! The only place you see a free market is in the speeches of politicians. People who are not in the Midwest do not understand that this is a socialist country."” | Dwayne Andreas | 1995 |
DEA/Infiltration | “Allegations surrounding a U.S. investigation that may have involved laundering money for Mexican drug cartels are causing concern on both sides of the border.
In Mexico, lawmakers say they are furious and are demanding an investigation. In the United States, a congressman is broadening the oversight of a previous inquiry to include the most recent allegations. Felipe Gonzalez, a federal senator with Mexico’s ruling PAN party, says they will demand an investigation to determine whether the U.S. Drug Enforcement Administration allowed its agents to launder money, possibly even on Mexican soil, as part of an investigation into the inner workings of Mexican drug cartel” | Rafael Romo | 6 December 2011 |
Jon Rappoport | “Long term, the medical cartel is the most dangerous cartel in the world, because they fly under a politically neutral banner. They claim they are completely non-partisan, we are here to help, to heal, and that's it. Who could doubt that? This is the greatest cover operation anyone could conceive of, using medical science, the medical system, with its toxic drugs, its toxic vaccines, to destroy whole populations from within. And occasionally come out with some massive epidemic program to further suppress and destroy populations.” | Jon Rappoport | 29 September 2022 |
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