2 ms·
I'm not an anarcho-capitalist but I'm sympathetic to their views :) and often discuss with friends who are . Many flat out deny the existance of natural monopo
by GFischer 13y ago
I'm not an anarcho-capitalist but I'm sympathetic to their views :) and often discuss with friends who are .
Many flat out deny the existance of natural monopolies, for example:
http://mises.org/journals/rae/pdf/rae9_2_3.pdf http://mises.org/journals/rae/pdf/rae9_2_3.pdf
Others argue that the hypothetical company would face competition by other means of transportation.
Finally, others who are not anarchists, speak of a libertarian government that would curb such abuses.
The Wikipedia article acknowledges your point:
http://en.wikipedia.org/wiki/Free-market_roads http://en.wikipedia.org/wiki/Free-market_roads
"n many parts of the world land use patterns mean that building two or more highways in parallel isn't practicable. Kroeger claims, "This would result in an incredibly inefficient use of land resources."[citation needed] When there is only one highway connecting points A and B, the main advantage of privatization, competition, disappears. In absence of regulation a private highway operator is likely to charge an exorbitant monopoly price, resulting in huge profit margins and few benefits for drivers."