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RE: "Government": Always a Bad Deal
It only costs $800 when there is no competition due to government regulations. Perhaps you were being sarcastic.
It only costs $800 when there is no competition due to government regulations. Perhaps you were being sarcastic.
I think he was being sarcastic. But yeah, I was just about to say that too many people blame "freedom" for the ridiculous stuff that "government"-enforced monopolies create. Apparently they think that what we have now is actually a free market. Aak.
I only know of two ways a monopoly can actually exist for long.
It is sad how many people bash the market without realizing the thing they are actually angry about wouldn't exist in a free market. It requires government interference.
EDIT: And yes I posted on the wrong account and did not respond to you in some poetic prose. This is an out of character moment.
How exactly free market prevents monopolies? Hypothetically, if there are two competing companies doing the same thing, big enough to make smaller competitors remain insignificant, they can reach agreement to keep prices high (but not high enough for the small competition to be able to use it), forming "unofficial monopoly". What then?
Small companies my not be able to compete head-to-head, but without government barriers to entry small companies still have options. They can operate on the margins, offering services and serving customers in ways that big companies are unable or unwilling to. They grow, slowly gain market share, and then are more able to compete. This isn't an overnight kinda thing. It takes time and diligence to build a success.
You're pretty damn great too, Larken. I read 'Most dangerous superstition' straight after watching, 'Free to choose' by Milton Friedman. You finished what he started.
While I have your attention though, Dan. Thankyou so much for this place. It really means a lot to me.
Thank you for making it what it is with your participation. Steem is nothing without the masses of people like you.
I hope to continue to improve things in my continuing mission to seek out new life and new civilizations, to boldly go where no market has gone before.
Haha! That one gave me a nice chuckle!