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>> Regulated capitalism is an answer to this fundamental imbalance. This assumes that governments are incorruptible. Monopolies don't exist without government
by sifar 9y ago
>> Regulated capitalism is an answer to this fundamental imbalance.
This assumes that governments are incorruptible. Monopolies don't exist without government collusion. In the game of Monopoly, that part is played by the roll of the dice - which favors certain players.
So ironically, more regulation would potentially lead to creation of bigger monopolies as it gives the capitalist's more incentive to influence the regulations and create monopolies for themselves. That is what we see happening in the real world.