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> Free markets create monopolies. I have never thought this to be the case, could you provide some backing to your claim?
by maerF0x0 3y ago
> Free markets create monopolies.
I have never thought this to be the case, could you provide some backing to your claim?
- jgeada 3y agoIt is described in many places, including in detail here: https://archive.org/details/cu31924096224799 https://archive.org/details/cu31924096224799 Some other info here https://www.economicshelp.org/blog/21726/concepts/why-does-capitalism-cause-monopoly/ https://www.economicshelp.org/blog/21726/concepts/why-does-c... In actuality though, this is almost religious. It doesn't matter than monopolies have always appeared in markets and been dealt with by regulation; believers in free markets will always argue that the actual cases weren't really monopolies or that they'd not have lasted. /Shrug