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Would you go on a tangent with me? Monopoly is completely in-line with capitalism, consumer choice is only guaranteed in a happy capitalist state.
by foota 10y ago
Would you go on a tangent with me? Monopoly is completely in-line with capitalism, consumer choice is only guaranteed in a happy capitalist state.
- wlesieutre 10y agoA lot of the things people like to attribute to capitalism are really aspects of a perfect market. More off a convenient fiction for framing Econ 101 discussions on than something that actually actually exists. In some cases useful as a first order approximation. It's the economics equivalent of frictionless spherical cows in a vacuum.
- digi_owl 10y agoExcept that while said cow is absurd at the face of it, economics 101 is passed off as gospel.