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Looks like a good article explaining some key concepts like natural monopoly. And yeah, the US model is to tout free enterprise to the skies but then have the
by joe_the_user 7mo ago
Looks like a good article explaining some key concepts like natural monopoly.
And yeah, the US model is to tout free enterprise to the skies but then have the state give control of a given market to a single or a couple of monopolists.
The problem is the US has created a constituency of state-dependent small and large business people whose livelihood depends this contradictory free-enterprise ideology.
- underlipton 7mo agoThe ultimate irony being that these people are the most likely to vote against social safety nets. "No free lunches" and such.
- raw_anon_1111 7mo agoIt’s not a good article at all… https://news.ycombinator.com/item?id=47654841 https://news.ycombinator.com/item?id=47654841