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> How the mighty monopolies How some mighty monopolies have fallen. Your examples don't refute GP's point, unless you'd like to assert that monopolies and olig
by dns_snek 2y ago
> How the mighty monopolies
How some mighty monopolies have fallen. Your examples don't refute GP's point, unless you'd like to assert that monopolies and oligopolies don't exist anymore.
> The greatest lifting of people out of poverty ever seen.
How do you square that with the fact that United States, with your platonic ideal of economic policies, has the highest rate of poverty in the developed world?
- WalterBright 2y agoI didn't say they didn't exist. I said that history shows they don't last. > has the highest rate of poverty in the developed world? The poverty rate in the US was declining until 1968, when it started going back up. What happened in 1968? Welfare.