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> when presented with direct evidence that they do exist you when back to theory When was that? He never named a bunch of natural monopolies which exploited co
by pitaj 8y ago
> when presented with direct evidence that they do exist you when back to theory
When was that? He never named a bunch of natural monopolies which exploited consumers.
> in the real world monopoly’s exist without government backing
Where is the evidence of this. My original comment clearly stated that I hadn't seen any evidence of consumer-hostile monopolies occurring without government backing. And in this thread, I've yet to see any lists of monopolies period, let alone ones people claimed to be natural.
- Retric 8y ago> I've yet to see any lists of monopolies period Large scale water delivery via underground pipes was the example monopoly given. That's literally a list of 1,000+ monopolies.
- pitaj 8y agoI already addressed the water delivery monopolies when I said this: > The water example you gave is an example of the government proactively monopolizing such utilities. Every water utility I know of is heavily regulated by local governments. Why? I don't know. I've never seen any evidence that such regulations were reactive in nature. But that fact of reality is not evidence that water delivery is an industry which will naturally monopolize to a point at which it is harmful to consumers.
- Retric 8y agoThat’s not the case in the third world. You see water monopoly’s even in failed states. This comes from the fact their are zero known counter examples going back thousands of years, worldwide.