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> It isn’t reasonable to say "free market, they’ll go out of business" if real people need to suffer while they do that. Real people will suffer even more if t
by andromedavision 8y ago
> It isn’t reasonable to say "free market, they’ll go out of business" if real people need to suffer while they do that.
Real people will suffer even more if these corporations don't go out of business. The worst scenario here would be a monopoly enforced by the state that you cannot escape.
If they go out of business then at least you've gotten a chance to reset and hopefully apply previously learnt lessons.
> How do you deal with a warlord who rises up to claim all the roads in a tiny fiefdom without taxes?
Why do you assume that only the state can provide security? This was the original sin. There are many ways in which this is possible in a free market environment.
> When and where in history has an entity like Comcast gone out of business? ... Who can step in to challenge them?
There is no problem with monopolies unless they're state enforced. Businesses grow because they serve their customers well unless the state intervenes.