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In a perfect market you'd be spot on. But the whole point of monopolies and why they may be dangerous to a market, is because they can use harsh measures and pe
by nanairo 16y ago
In a perfect market you'd be spot on. But the whole point of monopolies and why they may be dangerous to a market, is because they can use harsh measures and people will still need to use/buy their products.
If 60% of the country thinks a government is rubbish, they _can_ be voted out. If 60% of the country thinks a company is abusing its powers but they are a monopoly, then your hands are tide.
- philwelch 16y agoYeah, but "the government is rubbish" is a wide issue. Even then, if 80% of the people think the government is rubbish but 60% also believe the opposition is rubbish, nothing happens. It gets worse when you drill down to single issues. Suppose I'm mad at the FCC. How exactly do I hold the elected government accountable for the actions of the civil service? And how much weight do I give my grievance with the FCC compared to all the other issues influencing my vote? And how do I tell if the opposition is any better? The argument that we can at least control the government through elections is usually used to defend bringing something under the control of unelected bureaucrats so voters can simply ignore the issue in future elections in favor of some invented controversy about community centers in Manhattan or whatnot.