Monopoly was invented by Lizzie Magie in 1903 as a teaching tool to demonstrate how landlords accumulate wealth while others suffer, but was later sold to Parker Brothers by another inventor who claimed it as his own, transforming it from a critique of monopolies into a celebration of the very concept it was meant to criticize.
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Monopoly Was Invented to Warn People About GreedAdded:
Monopoly was invented to warn people about greed. In 1903, Lizzie Magie designed it as a teaching tool to show how landlords get rich while everyone else goes broke.
Decades later, a man sold an identical game to Parker Brothers as his own and made a fortune while Magie was paid almost nothing. The game built to criticize monopolies became a famous celebration of crushing your rivals. The irony was lost on everyone.
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