How a Girl Created a $1.4 Billion Empire by Reading a Book
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- Опубліковано 28 лис 2021
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The Monopoly that you know and love is a knock-off. The original game is a story of passion and persistence of a woman who simply wanted to bring attention to the harms of monopolies, only to have it stolen away by a man who became a millionaire.
Sources: pastebin.com/KRX8STM5
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yay
Hasbro held a monopoly on board games. Mostly..
Ok
Every family has that one person that will break the family financial struggles, I hope you become the one 🙏
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my favorite part of monopoly is watching the little metal peices fly across the living room and watching freindships end
😂
😂
😹😹😹
Lolol
You too?
Same!
When you invest you're buying a day you don't have to work
Jobs will pay your bills business will make you rich but investment makes and keep you wealthy the future is inevitable
@@haydencraig7149 you're right it's obvious a lot of people remain poor due to ignorance
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
Starting early is the best way to getting ahead of build wealth, investing remains the priority
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So Parker Brothers wanted a monopoly, on monopoly, irony is an understatement!
No, that's how you use irony
What's ironic about that? What EXACTLY about that situation runs counter to intent or expectation?
The real irony is that if you ask any hobbyist into boardgames, 99.9% will tell you that Monopoly is awful. In online communities of boardgame enthusiasts, Monopoly is a running joke. "Better than Monopoly" describes pretty much everything in the top ten thousand games.
@@Pedro-0839 Yes.
"Every cheap copy, has it's masterpiece"
SUPER!
IDOL!
More like every masterpiece has a cheap copy .
Yes
@@kendallmadeit6629 More like every cheap copy has a masterpiece
And with land and house prices surging globally, Elizabeth Magie and Henry George's message is as relevant as ever..
Yes. Im a georgist because of that.
$500 and no royalties is highway robbery.
Poor Elizabeth. $500 and no royalties? Why go through all that trouble to patent the game, only to practically give it away?
Thought this too...but maybe they were giving her a chance to recoup in the market with their support by offering to buy (and hopefully promote) two other games.
9:13 so you’re meaning to tell me monopoly was built to ruin friendships!
I’m not surprised..that game “sorry” is no different 😂
Wow... this was absolutely fascinating. So, ironically, monopolies won at the game of Monopoly... which was originally developed to demonstrate the threat of Monopolies. This should *definitely* be made into a full length movie.
@ John Smith make it happen
Just like The Social Network
What happened to Maggie when she just sold the game in 500, is she gave up on this world since she was in her 60s?
How sad & how evil some people really are when it comes to money. Poor Elizabeth 🥺🥺🥺🥺
I feel so bad for Elizabeth! She didn't know what she was selling! WOW. :(
One interesting fact: there are two ways to play "Landlords game". One way is the traditional monopoly way. The other way is a "georgist way" where the rent goes to a public fund and divides equally between players. The game ends when the poorest player becomes twice wealthier than he was when game started.
interesting, are they available anywhere?
@@mountain85 Not as i know
@@mountain85 itwilbefun if people nowadays make one digitally.
The irony is monopolies are a product of regulations. Regulations make competition by small businesses difficult and create the monopolies they purport to combat.
Not exactly true - some regulations encourage monopolies - some regulations encourage competition. Its on policy vision what happens. Of course, you get the heavy deregulation of terms like accountability measures, transparency measures, etc while increased regulations that only benefit firms already in oligopoly cartels or monopolies. It's a selective deregulation, selective regulation to destroy unions and prop up certain firms.
how regulations make competition by small companies difficult? tf u on about?
@@zeuxlaught2797 I can tell you haven't run a business before
@@matthewjeffrey9190 what regulations?
bruh are you libertarian
It's ironic how the original purpose behind the game is how the game turned out to be prophetic, in the end, being taken over by predatory business practices.
My very thoughts. Money can be used for good or for evil. Parker brothers showed it can be used for evil.
“Every brand associates with Monopoly”
McDonald’s: *We don’t claim them*
EEEH weeeh? They had years of partnership and sweepstakes...
I love this guy's editing and documentrys there are always soooo good
I see you everywhere, you watched the Spotify video on hook right?
Same thing
Yesss
This channel never ceases to blow my mind. From cookies to board games...Crazy!
Exactly!
To slurpies.
Well I’m ready to get my mind blown 🤯 too lol
We in Ukraine say:"Everything new is just forgotten old"
How thoughtful
Wise words!
Sad bro, anyways I'll remember your country in google maps outdated version
This on the mass public who allowed the original to fade...I mean not a single short public piece on 20/20, Dateline, or even 60 Minutes...
People really wanted to copyright the name "Monopoly" and a game made to teach you about how bad monopolies are without realizing that that's incredibly ironic?
when the monopoly has a monopoly on monopoly
Games can't be patented or copyrighted anymore, at least not the mechanics, only the text, proper names and artwork (board, pieces, charts, etc.).
I'd say that's a step in the wrong direction. Someone like Elizabeth would have no right to patent if the mechanics can't be protected, whereas someone like PB has the resources to copy her idea and create original artwork and boards etc.
@@sf8262 happens all the time. Look at all of the D&D clones.
Wait.. Oh that's why there so many magic clone
A bit deceptive to say that the game was stolen from her when in fact she sold the rights for $500 plus some extra deals.
Extremely detailed. Loved this video!
Monopoly got stolen by a monopoly that wanted a monopoly on monopoly.
“Managed to sell 100’s of copies to become the greatest selling board game in the world” 😂
My man! What a video! Thanks for the keeping the history alive.
WoW! Seems like a lot of Research & work was put in to create this Video.
Hats off to the Creator(s) of this Video.
Thanks!
What an interesting story! Thank you so much for sharing this. 🙌🙌🙌
I've been subscribed for a while now. So I know watching a video about monopoly yesterday didn't effect the algorithm to send me this 27mins after you posted... funny how this topic is just becoming popular
Love your videos!
Great story and history lesson, but I know I didn't miss the part where they talk about the book she read??? Or did I?
He didn’t go,into detail about the book
Best channel ever! Watch your videos every morning, sometimes 2 or 3 times.
Fascinating as usual. I don't understand how they could do this? Lawyers told people you cant patent it since it is not your creation. How did they get away with this theft?
Bribery. That's how the USA works. If you can't do it legally but you have enough money or know the right people, literally anything is possible
Probably being a political person, come on just think about it. Lol oh so true. This policy goes way back sweetie.
The thing is that Monopoly is a game about financial decisions in the first few rounds then it’s just luck the rest of the way
You are totally right.
Love this channel!
As soon as the Parker Brothers found out that Charles Darrow was a crook, they simply should have done the same deal (Monopoly, not the Landlord's Game) with Elizabeth Magie. It would have been okay for Elizabeth to steal the few changes Charles had brought to the game knowing that she was responsible for 99% of it. Sadly, I know it didn't happen that way because Elizabeth was a woman and the Parker Brothers would rather still deal with a crook. Given the times, it's impressive what she was able to accomplish. By the way, her last name "Magie" means "Magic" in French. What she accomplished was truly magical. Everybody's heard of Monopoly!
why was the husband being 10 yrs. older significant?
So many law suits I cant keep track good job on putting together this documentary!
Now I want to track down that inflation game.
Love your stuff duff
GREAT!
Interesting that this came out just after Scott the Woz got a Monopoly themed after him
Thanks for adding actual captions
great contents and wonderful videos. thanks for sharing .....!!!
How ironic that the inventor of a game meant to warn people of the evils of monopolies would apply to the patent office for a monopoly on her invention. And then others were applying to the copyright office for monopolies on their own versions of the game and quibbling over who should ultimately be able to monopolize the game. It's almost as if we don't actually need monopolies to promote science and useful arts like the Constitution implies we do.
exactly
Shes basically an unapologetic hypocrit saying "Nope, Im right and everybody else will only ever be wrong"
Monopoly? It’s called copyright? Monopoly isn’t like oil.
intelectual porperty is different.
it allows inventors to benefit from there invention for limited time.
others made board games that compete with monopoly while not infinging on the patent
and while yes many would still make useful inventions without patents, many things wouldent have been made partially things like pharmaceuticals that require massive upfront investment that that wouldn't make sense wthout patents
@@colingarland3482 Intellectual monopolies are unethical because no one should be given that kind of power to limit what people do with their persons and property. Copying is always fair game.
To be honest i kind of got lost in your paragraph i do not know who you are talking about either about the guy who stole away monopoly or the people wanting to get a monopoly out of the versions of there monopoly or the girl who invented it
Im sort of lost here can you simplify what are your trying to say??
But if you were insulting the original creator of true monopoly/Landlords game i'd say it would be fair game because sure she is monopolizing it to warn people of the dangers of monopoly but i'd say its pretty fair game
Hypocriticism but A Good Lesson Of The dangers of monopoly
I'd really think its fair game to be honest
I bet someone may revive the original game after seeing this.
Maybe
Great video Hook, you inspired me to start making videos 😀
Great videos Josh, I really liked them!
First Oreo now Monopoly what next Earth
Bruh that sponsor is like a glorified nft
I love playing Monopoly. We played on vacation all the time growing up. Especially like the player pieces. 💞
nice video love the vids
Thank you.
I had a SpongeBob-themed Monopoly game years ago!
I wish I could go back in time to talk with Elizabeth explaining to her that monopolies can only happen by government facilitation.
Nice Video as always!
If you have an idea don't tell anyone. Get a copy and patented for you inventions, so future generations can get the money. Sad story!
Love this stuff
How did this girl create 1.5 billion empire when she only received 500.00
That’s why I don’t understand! I guess the true inventor was never rewarded for her creativity! $500 as compared to $1.5 billion!!! And monopoly being the most popular and played board game in the world(little did she know what she was creating is a masterpiece!)
The Hook thank you so much
This goes to show you if you have a good idea know that it's best to learn about trademarks, patents, and licensing.
Intellectual property
COPYRIGHTS TRADEMARKS
PATENTS LOGOS
U should and must register to create
OWNERSHIP
jb.ok
Great, all the products I love were all stolen. Still not eating oreos, hydrox cookies all the way
I always knew this game had a dark pass but I just could put my finger on exactly what it is. The name it self is bad news "Monopoly" whenever I hear this name in the business world corruption always follows.
Not corruption but business empire!
Same! I could never stomach playing it. I can't stand the attitude it inherently brings out in people.
Hey, I know that voice over voice… that’s Asia Samson the spoken word poet from the Asia Project here in Miami✨✨✨🏀
How many jokes did these people make that the business of monopoly is like playing monopoly.
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@8:31 this literally could have been a photo of my elementary school classroom.
The irony of Georgism is that it makes sense, yet what sells is the capitalism and greed to own it all which is monopoly.
4:36 I actually live only about 30 minutes from Macomb and my uncle went to the university there
So interesting. You did a great job! Thank you for this.
Unbelievable. He stole it from Elizabeth. SMH Elizabeth didn’t know nothing about money nor her worth.
It is incredible how underrated these videos are
man you dig deep
landlord and Monopoly
is the 1st Mario party
.
Does anyone know what software is used to create videos like this?
Darrow had the patent US2026082A, granted in 1935, which was well after the expiry of Magie's patent, US748,626 of 1904.
There must be some novel aspect of the Darrow game that allowed it to be patented, and that could be the basis of the Parker Brother's game's success.
No one "silenced" her. She sold her games with her husband, but was an anti-capitalist, and thus not able to capably focus on value creation and marketing of her idea, because it contradicted her explicit value code.
Nowadays anti-capitalist is being branded as communist
Yeah. Life isn’t unfair as there are those willing to go much further than you for power and will do anything to get it.
Greetings from Reno, Nevada.
I will never buy something from Parker Brothers again after watching this video.
superb
poor Elizabeth
Its the same way some Europeans claimed to have founded rivers in Africa. Rivers that natives drank from for centuries 🤣
Its almost like, they were running.... a monopoly
So is the game open source or what?
Kinda like oreo and hydrox
This game will teach u how to manage cashflow & build assets
💅🏿 Time to watch
Thanks a lot... Much support from ZAR - Durban ....RICH FUTURE BY DSK
Ohhhhh~ This is how monopoly was made... 🤔
my mind has been blown
@hook u should make the story of crayola or Lego
I recognise that little cartoony bit from the odd ones out UA-camr with the white characters
Can’t Elizabeth’s family sue for a slice of the pie?? Ridiculous really.
Money takes no prisoners.
Ngl
I been playing it a lot for the last 4-6 month
Why am I not surprised?
They made a monopoly on monopoly...
Yup
I'll be a dissenting voice here. Magee invented a tedious game with zero appeal that virtually no one wanted to play. What it needed was a lot of serious game development, which Magee neglected and Parker Brothers didn't want to pay for the 'privilege' to do for her.
In the end, ordinary people across the east coast became the playtesters and developers of the game. One of those playtesters recognized it for what it had become, invested time and his own money in it, whipped up a bunch of compelling artwork, and came up with a winner.
Just a joke, but this girl has bad RNG.
To be serious though, this is a great video.
I watch almost all videos in this channel.......I don't know what i will be rewarded
My respect.
Of course...