Wendell Berge examines the mechanisms by which international industrial cartels dominate global trade and subvert democratic governance. The author investigates how private monopolies systematically restrict production, fix prices, and partition markets across critical industries including synthetic rubber, optical instruments, pharmaceuticals, and raw materials. Drawing extensively on public records and antitrust investigations, Berge exposes the methods used by corporate giants to suppress technological innovations and manipulate patent systems for private gain. A central theme is the collaboration between American and foreign monopolists, particularly German trusts, which persisted despite geopolitical conflicts and directly compromised allied wartime readiness.
The text details the operation of private economic governments that operate above the law and evade national sovereignty. Berge argues that the fundamental premise of free enterprise is fundamentally incompatible with cartelized markets. The analysis addresses the abuse of patent rights to erect barriers to entry and eliminate independent competitors. Finally, the author contends that true post-war economic recovery and political freedom depend upon the vigorous enforcement of antitrust laws and the absolute dismantling of private industrial cartels.