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Updated: May 25, 2025
Both managers and court-appointed receivers strive to monetize these properties and patent-portfolios by either selling them or enforcing the rights against infringing third parties. Fighting a patent battle in court is prohibitively expensive and the outcome uncertain. Potential defendants succumb to extortionate demands rather than endure the Kafkaesque process.
But, when stating these excellent arguments, did you ask yourself, sir, whither would tend such a transformation of our system of mortgages?... To monetize, if I may say so, landed property; to accumulate it within portfolios; to separate the laborer from the soil, man from Nature; to make him a wanderer over the face of the earth; to eradicate from his heart every trace of family feeling, national pride, and love of country; to isolate him more and more; to render him indifferent to all around him; to concentrate his love upon one object, money; and, finally, by the dishonest practices of usury, to monopolize the land to the profit of a financial aristocracy, a worthy auxiliary of that industrial feudality whose pernicious influence we begin to feel so bitterly.
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