4 ms·
It's hilarious the first example is also, in the first paragraph, a monopoly. I don't have a problem with theoretical capitalism, but people would much rather u
by EchoChamberMan 3y ago
It's hilarious the first example is also, in the first paragraph, a monopoly. I don't have a problem with theoretical capitalism, but people would much rather use their resources to squash a competitor, or in this case, legally prevent, competition on talent.
[Edit]
People love to espouse the free market, but I'm not sure it ever existed.
- geonineties 3y agoI would say that the monopoly granted to EIC was more like the monopoly granted to patent holders. The risks to life and capital of the venture were extreme.