You cannot have monopoly (in the sense of the power to extract monopoly profits) except by state intervention as has been proven by experience time and time again.
At 11:06 AM 10/8/98 -0500, Jim Choate wrote:
Examine history with an unbiased eye.
I have provided specific examples from history. You have told us that various undefined markets in unspecified places at unspecified times were monopolized by unspecified big companies. If these monopolies were rampaging all over the place, your really should be able to name them, and show that specific named monopoly companes were able to extract specific identified monopoly profits.
Incorrect. I have listed several examples (eg meat-processing in the 1920's) where the resultant involvement of the government came *AFTER* (not before as you claim) there was evidence of wide spread abuse of the consumer and the employee of those producters.
In what country? Ruritania? What was the name of the evil monopoly that dominated the meat processing industry? What were their excess profits? And if they were making excess profits, what stopped any man and his dog from setting up in business cutting up cattle? (Unless, of course, it was the government that stopped any man from slaughtering cattle.) --digsig James A. Donald 6YeGpsZR+nOTh/cGwvITnSR3TdzclVpR0+pr3YYQdkG qszZcMydwBnWQ3Fd1G+pG0KLz7KIkE6RINedm82c 4PzuGOaB00Ogh6kc9Q6PK3bb9CQAITF9Jqzdoy+G7 ----------------------------------------------------- We have the right to defend ourselves and our property, because of the kind of animals that we are. True law derives from this right, not from the arbitrary power of the omnipotent state. http://www.jim.com/jamesd/ James A. Donald