7 ms·
Not really. Monopolies are mostly created by the state. Either with crony capitalism, intellectual property laws or directly state controlled production. Beside
by afsina 11y ago
Not really. Monopolies are mostly created by the state. Either with crony capitalism, intellectual property laws or directly state controlled production. Besides, Laissez-faire capitalism can create large scale infrastructure, why do you claim otherwise?
- pjc50 11y agoStandard Oil? If you're going to call that "crony capitalism", we're well into the same delusional territory as "true communism has never been tried".
- afsina 11y agoSome disagree. https://mises.org/library/100-years-myths-about-standard-oil https://mises.org/library/100-years-myths-about-standard-oil Crony capitalism is not at all "capitalism". It is an beast created by the state, through military spending, stimulation, infrastructure or the means of social wellfare. The more "militaristic" or "social" a government becomes the more leaches appear.
- collyw 11y agowhen was it tried?
- collyw 11y agoI love it when an honest question gets downvoted on here.
- throwaway2048 11y agohttp://www.merriam-webster.com/dictionary/smarmy http://www.merriam-webster.com/dictionary/smarmy
- collyw 11y agocoming from someone who creates a throwaway account to post that link.
- throwaway2048 11y agocheck my posting history
- afsina 11y agoWell, the ones tried were close enough. Soviets and the all eastern block, Cuba, Cambodia, China, North Korea. They all contained communist ideas such as common ownership, abolishing private property, central planning, and somewhat classless society. Apparently event the theory does not hold much weight as almost all collapsed or converted to some form of nationalist totalitarian regime. Perhaps once robots do all our jobs harvesting food and cleaning streets using power from endless battery fields, Marx's prophecy of inescapable history will be fulfilled.