47 Monopolies
2024-01-18
Politics & Philosophy
<p style="margin-bottom: 0in;">The implicit goal of every business is to become a monopoly: they can't be faulted for it because their obligation is to maximize profits and a monopoly is the premiere agency to do so. Collusion & complicity among businesses are essentially monopolies, and some things, like health care, are natural monopolies. Monopolies are the Achilles heel of Capitalism because monopolies stifle Market Forces & distort the customer-business negotiation relationship. It takes government intervention to prevent them.<br /><br />At the end of the 19th Century, monopolies nearly turned America into an oligarchy, but right-person-at-the-right-time Teddy Roosevelt became the premiere “Trust Buster,” anti-monopolist. Since then, business has slowly compromised the regulatory agencies & public opinion, so monopolies, in the guise of telecoms, Main-Stream-Media, and too-big-to-fail institutions, have crept back, to the detriment of the American people. The oligarchy is returning: it is time to reassert government's role of reigning in the monopolies.</p>
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