Post
Topic
Board Economics
Re: Is it true that the Fed is privately owned
by
Alpaca John
on 01/06/2013, 09:30:53 UTC
That outlaws cartels, not monopolies (please take note, that is the proper pluralization).

Monopolies. Not monopoly's. Got it. (English is not my first language.) For the rest, I'd argue that cartels are from a consumers perspective the exact same problem. As long as prices are fixed, I don't care if it is one corporation doing the job, or several that are colluding. Same difference. Centralization of power.

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And "pretty sure" is a poor basis for argument.


Actually, I'd wish you would question your own dogma's from time to time. The fact that you are only here to prove other people wrong, instead of trying to actually progress your way of thinking, is exactly why I do not like to argue with you at all; there is not really a point in doing so.

Also, I'm not American so excuse me for not knowing what the exact laws of that country are.

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Monopolies are anything but illegal in the US. You just have to go through proper channels to establish one.

"The law's treatment of monopolies is potentially the strongest in the field of antitrust law. Judicial remedies can force large organizations to be broken up, be run subject to positive obligations, or massive penalties may be imposed the people involved can be sentenced to jail."

http://en.wikipedia.org/wiki/United_States_antitrust_law#Monopoly_and_power

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The reason violence is the dispute resolution method of choice in the drug market is because of the regulations making participation in that market illegal. They have no legal means of resolving disputes.

Wait, so we dó need a state in order to legally resolve disputes then?

Also, the drug gangs are not really "resolving disputes", are they? They are killing their competitors in order to monopolize their trade. And they are doing so in area's where the state has lost all it's power to do something anything about it. No policeman dares to get involved in large parts of northern Mexico, and new majors are being killed the same day they get appointed.

It's not because there are states that such violence happens, but because of the failure of states.
https://en.wikipedia.org/wiki/Failed_state
https://en.wikipedia.org/wiki/File:Failed-states-index-2012.png

(I'm lucky enough to happen to live in one of the sustainable states by the way, which is probably why I think we need them.)