Thread: Monopoly
View Single Post
Old 12-19-2018, 01:30 PM   #2
detbuch
Registered User
 
Join Date: Feb 2009
Posts: 7,688
Here's another interesting video that has an opposing view to your Progressive Robert Reich view of monopolies by the Libertarian economist and philosopher Yaron Brooks:



And it was also interesting, not mentioned by Yaron Brook in this video, after the government broke up Standard Oil, the prices went up, not down.

It was also interesting that when we were discussing the high cost of healthcare, and I provided an example of a free market competitor to the government regulated hospital monopolies, you poo-pooed it because no country had tried it. Yet it was actually working and providing care at far lower prices. And it was an example of a middle class enterprise--the very thing you want to bring back. And it was government regulation that made it difficult for the spread of these small business clinics. But, and here's the problem, you believe that it requires countries (not individuals) to create that middle class. So, for you, without government initiative and control, it ain't no good.

Last edited by detbuch; 12-19-2018 at 01:35 PM..
detbuch is offline