Message from @Deleted User
Discord ID: 617506399358025739
monopolies have always been state sancationed
Get your econ right
Legalize gun ownership, become your own protector, hire yourself 😎
look back in history
@GeorgyBoyo Thats an option
Well if the company grows large enough then it could buy its competitors and then it would be a monopoly @MountainMan
yepp @Deleted User
But that's a bad idea
@Deleted User Monopolies are inefficient and not natural
They are natural
@Deleted User Only if you're that much of a bitch that you'll accept the money
Monopolies are extremely inefficient yes, but they don't care
Every company wants to become a monopoly
@Deleted User No, they are not. Thats not how economics works
What do you mean a monopoly?
A single company in charge of the service it provides with no competitors right?
All the monopolies "presumably stopped" by the state aren't actually stopped in any way
Yes @Deleted User
Yeah, that is natural
Monopolies are almost impossible in a free market
For a company having a monopoly means that they can set prices, set their own quality standards and sell what they want. They're big enough to destroy competition, so they reap all the rewards
it's natural that every company wants to become one
And it eventually happens
How do they destroy competition without the state
They can literally just buy their competition if they're ahead enough
Laissez Faire economics
That's not destroying it tho
basically the state is uninvolved
Lol this is not how things works
It's basically the same tho
THey do price dumping and engage in price wars they can afford because they're running economies of scale
If you buy a business you can do what you want with it
Kind of like Disney I guess
Disney just fucking buys everything
Didn't you hear?
Disney is losing $$$
I love how this argument went full circle to "we can't have private epolice forces because they'll create a (very inefficient, and easily usurpable) monopoly, therefore we need to have a state monopoly of the police."
During the gilded age, when government interference in the markets was minimal, companies were able to grow enormously and even have huge leverage in government affairs
>govt affairs
The State monopoly has its interests in protecting the population, a private company wants to make profit