2 ms·
I would say it's the scope that defines the issue. If you own a bread maker it's not really depriving anyone of making their own bread. But if I own a bread mak
by norea-armozel 10y ago
I would say it's the scope that defines the issue. If you own a bread maker it's not really depriving anyone of making their own bread. But if I own a bread making factory where I either flood the market to control bread making in general or otherwise use bullies with clubs to stop you from making your own bread then I'm abusing my position as a capital owner. That's the real problem that I think gets lost or outright ignored in this sorts of discussions (i.e. people too focused on personal possessions of their cars, homes, and bread makers). Owning capital in itself isn't inherently bad. It's when you monopolize the use of it or use it as a means to deprive others from acquiring access to capital for their own purposes (ex. IP laws) then you're acting in a manner that's dishonest and in opposition to the natural order of markets (maximizing production based on immediate demand).
- UK-AL 10y agoExcept monopoly is the exception not the norm in most market areas..