HabitableZone

Flame » in reply to The power the private sector seeks

The whole point of political power is to crush its competition, and they have guns.

I doubt you'll make the connection between political power-lust and the IRS taking political sides. Others will.

Political power has a long, bloody, and real-world record of the results of this power-lust.

All you have to go on for business tyrannies is science fiction and your imagination.

You've been taught your whole life that our wonderful government saved us from corporate tyranny back in the early 1900s.

This is not actually true, but I won't bother documenting the whole thing.

One data point: when Standard Oil had 4 percent of market share, the price of kerosene was 26 cents a gallon. In 1880, when they had 90 percent of market share, the price was 9 cents a gallon, and ten years later when Standard still had 90 percent, the price was 7 cents a gallon.

By 1907, four years before Standard Oil was broken up, Standard Oil's market share had fallen to 68 percent. Among other causes, competitors were catching up with the new methods.

The only way for a private company to maintain a predatory monopoly immune from market forces is by government action. History bears that out, too.

Government and its allies have been telling us for years how vitally important it is that government runs everything. You'd think somebody would catch on.

I also note the oddity of living in fear of a monopoly run by businessmen, but longing for monopolies run by politicians. Given the historical record of both categories, this seems downright weird.

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