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It's not capitalism, it's simple game theory and the economic system under consideration is quite irrelevant. Monopolies of all kinds are bad. Including monopo
by admiralspoo 6y ago
It's not capitalism, it's simple game theory and the economic system under consideration is quite irrelevant.
Monopolies of all kinds are bad. Including monopolies of government.
- kazagistar 6y agoMonopolies (or even high concentrations) of power are bad, whether that's financial or legal or whatever. However, democratization can redistribute that power back amongst the people. The goal should be to work towards nearly even power, which prevents the abuses in power. If the government was controlled by the people, its "monopoly" wouldn't really be one, because it couldn't be abused by those who wield power within it.
- nickpp 6y agoList of governments controlled by their people: ...