Their solutions are "all about" forming monopolies:
"In economics, a monopoly (from the Greek monos, one + polein, to sell) is defined as a market situation where there is only one provider of a product or service. Monopoly should be distinguished from monopsony, in which there is only one buyer of the product or service. It should also, strictly, be distinguished from the (closely related) phenomenon of a cartel (which is a type of oligopoly), in which a centralized institution is set up to (partially) coordinate the actions of several independent providers — as opposed to monopoly, in which there is one sole provider — although, in some cases, that sole provider may have been created by consolidating several formerly independent firms.
Monopolies are characterized by a lack of economic competition for the good or service that they provide (and a lack of viable substitute goods), as well as high barriers to entry for potential competitors in the market.
They can arise because of the peculiar features of a particular market — such as when a monopolist controls a unique natural resource or technological achievement. When a monopoly arises from laws which explicitly forbid competition (or effectively prevent it through heavy regulation and subsidy), it is described as a government-granted monopoly (sometimes called a coercive monopoly). The term state monopoly is sometimes used to describe a type of government-granted monopoly in which government, either directly or indirectly through legislation, exercises significant control over the monopolist's decisions, and typically include industries that import, manufacture, and/or distribute alcohol, money, stamps, drugs, munitions, and gambling. The term "natural monopoly" is sometimes used to describe monopolies that come about because production conditions make a sole provider most efficient. "
http://www.free-definition.com/Monopoly.html
In above definition they distingish between a monopoly and a government-granted/coercive monopoly- I see all monopolies as result of governmental control or organized force. I don't consider a provider of some product in which "everyone" wants to be a monopoly. Let's say, someone makes a "really, really" good donut. It's not a monopoly because "everyone" wants to buy these donuts. It only starts to be a monopoly when other people are restricted by laws [or other non-governmental coercive [such as the Mob, or less organized threats or acts of murder, etc] from making a similar or identical donuts.
We have fairly "benign" laws which make monopolies possible such as patent and copyright laws- the real purpose of these laws are to promote innovation and new ideas. And if these laws are not doing this effectively, then they need to be changed.
Current Events » in reply to re: See what I mean?
re: See what I mean?
The whole thread (32 posts)
- Liberals, where are they hiding?
- Liberals not hiding, they are wrestling.........
- Most folks say they are middle-of-the-road.
- They're partying .....jealous?
- The liberal label
- re: The liberal label
- See what I mean? (n/t)
- The liberal label
- Some liberals have bought into the idea that folks think they are communists (n/t)
