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If you have a monopoly, you charge excess rents and stop innovating. People accept this easily as a fact of private enterprise, which is why we have the state i
by seibelj 11y ago
If you have a monopoly, you charge excess rents and stop innovating. People accept this easily as a fact of private enterprise, which is why we have the state intervene to break monopolies.
Why people can't take this obvious fact and apply it to state-mandated monopolies, like education, is perplexing. There should not be 1 provider of education. We need competition and innovation in education.
- tim333 11y agoState education doesn't have to be bad. It's not like they are granting a monopoly to a private company. Finland for example "ranked sixth in math, second in science and third in reading. By comparison, U.S. students ranked 30th, 23rd and 17th, respectively, of the 65 tested countries/economies." http://news.stanford.edu/news/2012/january/finnish-schools-reform-012012.html http://news.stanford.edu/news/2012/january/finnish-schools-r...