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monopoly analysis feels outdated. most government policies are rightly evaluated on how they impact society overall, not a single issue group (SIG). for instan
by panabee 9y ago
monopoly analysis feels outdated.
most government policies are rightly evaluated on how they impact society overall, not a single issue group (SIG). for instance, it benefits society overall to tax cigarettes even though it harms employees and companies related to the tobacco industry.
why not view monopolies with the same societal lens?
for argument's sake, assume google does have a monopoly position in search and abuses it. the resulting cash flows enabled self-driving cars, free worldwide communication, and cheaper smartphones.
so google hurt search but helped other industries, increasing competition in automobiles, communication, and smartphones -- all of which are larger industries. is this better or worse for society?
understanding how tech should help society is a complex and critical issue, but the pursuit of truth requires a balanced, dispassionate analysis from the perspective of society, not one SIG.