Game of monopoly was invented to demonstrate the evils of capitalism!

Mostly Economics

Kate Raworth, senior visiting research associate at Oxford University has a nice piece.

She says how history of monopoly game has been altered. Currently we see the game explaining virtues of capitalism. But in reality it was designed to explain the vices of the very system.

The earlier avatar of Monopoly was called Landlord’s game and was invented by Liz Magie. She drew inspiration from her father’s works which showed how capitalism was exploiting people:

Magie invented and in 1904 patented what she called the Landlord’s Game. Laid out on the board as a circuit (which was a novelty at the time), it was populated with streets and landmarks for sale. The key innovation of her game, however, lay in the two sets of rules that she wrote for playing it.

Under the ‘Prosperity’ set of rules, every player gained each time someone acquired a new property (designed to reflect George’s…

View original post 446 more words

This entry was posted in economics on by .

About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s