Message from @Jones Malone
Discord ID: 376178299661189131
I bet if a ceo did that, he would be hated by everyone in society
They do that now wtf
Who would ostracize him and refuse to offer their business with him
That only happens if there's a monopoly
And monopolies only exist when the government creates themv
Or when there are a limited number of companies and they all do it
Why can pharmacy companies charge $500 for one pill? Because government made it illegal for anyone else to make it
There are tons of duopolies that do the same thing right here in america
Because government stops competition from coming on the scene
Government didn't create Standard Oil
On a long enough timeline pure capitalism creates a monarchical type system
The thing about capitalism is that the rich get richer, no matter what
Government broke it up
Unless they're doing something dumb, the rich get richer without government involvement
Usually when wealth is inherited, it's squandered
I'm not familiar with the history of standard oil
It doesn't have to be passed strictly be inheritance
Holy fuck I just say IE cucking hard on Shelbyville
They're saying they're the future of the right l m a o
Standard oil was the company owned by John D rockefeller. He'd pioneered a new method of the production of Oil where instead of paying say for instance a moving company to move the product, or a limber company for limber, he bought all the companies involved or at least the means to produce the product
It took the presidency of Teddy Rossevelt to end his stranglehold on American Oil. Even after that the Rockefellers are massively wealthy family to this day
They screwed over an entire industry, got rewarded for it, and they're still living like kings
Capitalism is kiked
It sounds like he found a way to produce oil more efficiently
So efficiently he cornered the market
Without any involvement from the government
Why shouldn't the most efficient corner the market?
That's not a monopoly
The competition wasn't efficient
But it was a monopoly. He was the only one who could offer the product for the price he could
And as a result the competition ceases to exist
The word monopoly was coined around this time because of companies like standard oil my man
Why is it the consumers fault for buying the best price available?
Redpill yourself about NS economics: http://ironmarch.org/index.php?/topic/6794-fascist-economics-and-socialism-of-duty/
Nobody is blaming the consumer
We're blaming government for not stepping in
The consumer often has no choice but to buy the cheapest product. They have no guilty in this
A monopoly only exists if it prevents competition from entering the market. Monopolies only exist because of the government
Standard Oil prevented other companies from entering the makret
That's simply not true
This argument is getting really circular