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Monopoly celebrates its 90th birthday

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As Monopoly commemorates its 90th anniversary, it's important to recognize the game's enduring legacy in promoting individual responsibility, free market solutions, and the American Dream. This classic board game has not only entertained generations but has also served as a powerful educational tool...

As Monopoly commemorates its 90th anniversary, it's important to recognize the game's enduring legacy in promoting individual responsibility, free market solutions, and the American Dream. This classic board game has not only entertained generations but has also served as a powerful educational tool, instilling the values of hard work, strategic thinking, and financial acumen in players of all ages.

Monopoly's success story is a testament to the power of the free market. The game's creator, Elizabeth Magie, initially designed it as a way to demonstrate the economic principles of Georgism, but it was the modifications made by Charles Darrow, an unemployed heating engineer, that transformed it into the iconic game we know today. Darrow's version, which emphasized individual property ownership and wealth accumulation, resonated with the American public during the Great Depression, a time when people yearned for a sense of control over their financial destinies.

Over the past nine decades, Monopoly has not only provided countless hours of family fun but has also served as a valuable teaching tool, promoting financial literacy and emphasizing the importance of making sound economic decisions. The game's core mechanics, such as buying properties, developing them with houses and hotels, and collecting rent from other players, mirror the basic principles of real estate investment and entrepreneurship.

Moreover, Monopoly has adapted to changing times while staying true to its capitalist roots. With numerous themed editions catering to diverse interests, from sports teams to popular movies and TV shows, the game has demonstrated the flexibility and resilience of the free market in meeting consumer demands.

As we celebrate Monopoly's 90th birthday, let us recognize its significant role in promoting the values that have made America great: individual responsibility, free enterprise, and the pursuit of prosperity. In a world increasingly driven by government intervention and socialist ideals, Monopoly serves as a reminder of the power of the free market in creating wealth, driving innovation, and ensuring economic freedom for all.

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Monopoly celebrates its 90th birthday - CBS News →
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