If someone comes up with a good or service that is better than anything else sure. If they try to inflate the price other people will come up with a cheaper version forcing the first group to drop prices or go out of business. Monopolies are problems when states interfere with markets.
What if the monopoly is supply-based? E.g. I own most of the watersources in a region. Or I own all the roads surrounding area x, so everybody has to pass through them?
Not all of them can be beaten by competition.
@Slingshot: It's too late to read such a wall of text, going to sleep now.But I've skimmed over it though and there are some good arguments in it.
Birdy, it's all there for those that want and desire to know the facts. As for you telling me to go to sleep now? Who the heck do you think you are kid? Or is that just another old fool or shill attempting in vain to keep being a parasite and prey off everyone else? Your words don't ring sincere, at all. And since your a very slow reader as well as a very lame duck I suggest you do a lot of research before hopping in here barking orders that you cannot and wont be able to back up.
You don't tell me what to do. No one does. I am my own boss.
But Birdy your welcome to go suck up to your corporate or government masters. Have fun!
As for "privatization" quote above: Well, hows that privatization/deregulation of electric and water rates working out for any of you?
Not so good hey? Some still drink the sand because their told it's clean, clear, unpolluted water. Go figure, most are easily fooled and suckered.
And some even tell people to 'go to sleep' if they don't care for what is stated.
In return I say to Birdy: off you go, go be an obedient worker slave and fool.
After all your the one barking and acting like an idiot.
Bitcoin is Monetary Freedom.