5 ms·
Too broad... I would say monopolies are the problem, both public and private.
by willmadden 3y ago
Too broad... I would say monopolies are the problem, both public and private.
- KPGv2 3y agoYou don't think "governments are a problem" is too broad?
- autoexec 3y agoMonopolies are desirable (unavoidable?) in some cases. I don't want 35 competing toll roads running past my house. Natural monopolies, goods and services that will never be profitable (or would just never be as profitable as refusing to provide them would), and essential services are ideal for public monopolies. I'm not sure there's ever a situation where a private monopoly is the ideal though.
- rdedev 3y agoThe best way to evaluate it would be as a function of the elasticity of the service provided. I can avoid eating a pizza but not avoid taking a specific road. Besides it seems like any domain where the initial investment is large seems to be places where one monopoly eventually emerge. At least in my opinion healthcare (hospitals and such not including drug development) should not be private or of there is there should be a strong public hospital network for providing care