0 sats \ 3 replies \ @kepford OP 16 Aug \ parent \ on: Are Monopolies Always Bad? econ
I disagree on the definition not being clear. I think people do apply it far to broadly.
monopoly
noun
- Exclusive control by one group of the means of producing or selling a commodity or service.
- A company, group, or individual having exclusive control over a commercial activity.
- Exclusive possession or control.
Are there any examples of this?
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You can't be serious.
Answered elsewhere but I have no problem with natural monopolies. They are destroyed naturally when the monopoly starts to abuse their position. I have a problem with the state monopoly on violence that creates privileged positions and monopolies. The state at best is a gate keeper centrally planning the economy.
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Why make a distinction between a natural monopoly and a state monopoly. Its unspecific and pointless? No offense.
I understand "state monopolies" are a problem because of the inherent violence, so it has nothing to do with a monopoly? Its the violence that is the problem? In which case why talk about monopolies then, they dont exist. The violence does, i assume. Do you know what i mean?
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