ok. ?
In otherwords, a monopoly can own a monopoly if it buys out or competes normal and is the last one stsnding
Let's pretend that's true, there still must be competition or it's not a free market.
As long as no one other party got involved
Ie government
No
Your intentionally dodging the point
I think u r missing the point.
A monopoly may exist, but in an unrestricted system
If there is no competition, it's not a free market.
It wont exist forever
Anywho, pretty sure we are done. We can't even agree on the definition, so...no point going further 😃
I do agree with you though, most markets are not free.
Yeah
And my point this whole time is dont use "free market"
If you believe in regulation
Doesn't matter who you are regulating
I wouldn't call limited government power regulation, though, it's basically the opposite.
Regulation the government is The same as freeing the market.
Because the government itself is interference on the market.
But you then have to regulate the big guys to prevent them from individual bribing politicians
Nope, imagine no government. Who do you bribe?
See, a free market would have unrestricted donations to politicians
Which part of the market is the government?
Because that pertains of 2 individuals doing things
So if you think we should limit the amount each person could donate, then you do not believe in the free market
Also lobbying is a private business
I'm curious, though, which part of the market government is. Is it the supply? Is it the demand?
You would be regulating lobbying firms
They are the regulators
When you bribe a politician, what are you bribing them to do?
Regulate
you mean interfere?
The bribe politicians to regulate
Yourself?
So in a completely free market
You eventually see regulations everytime
But the government isn't a part of a "completely free market".
If you do not regulate one of the 3 I mentioned before, you will see corruption everytime
And once you regulate 1 of the 3
Corruption cannot exist, if government doesn't exist. By definition.
