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Markets only work if they are competitive. Governments do not need to obey market rules, and shouldn't if it helps society. It's odd that you would be fine wit
by nimish 8y ago
Markets only work if they are competitive. Governments do not need to obey market rules, and shouldn't if it helps society.
It's odd that you would be fine with a corporate monopoly exerting dominant power over its market (to extract more profit) but are distrustful of government exerting power to limit that from happening.
Monopoly definition is political -- the idea that governments cannot and should not step in to police markets is a novel idea.
- ucaetano 8y ago> It's odd that you would be fine with a corporate monopoly exerting dominant power over its market (to extract more profit) Where did you get that idea from? I'm not. > Monopoly definition is political Nope, it is economics.
- djrobstep 8y agoThis might blow your mind but: Economics is political.
- deleted 8y ago[deleted]
- asdfasgasdgasdg 8y agoAnd politics is economics. And economics is physics. And physics is chemistry. And chemistry is math. All useless statements in the context of this discussion.
- deleted 8y ago[deleted]