telecom monopolies are government enshrined Telecom monopolies are not by government intent by rather by regulatory capture. As a capitalist, I hella want to

telecom monopolies are government enshrined Telecom monopolies are not by government intent by rather by regulatory capture. As a capitalist, I hella want to exclude others from the market. If I can get the government to do this for me, then I'm willing to pay the lobbyist fees to make that happen. In the IP space the only reason I'm willing to slave away at invention is the possibility of a patent, a right to exclude, a limited monopoly. As a capitalist, the absolute last thing I want is a free market. Thiel puts it this way: competition is for losers.