Quote from: Ron~Popeil on June 09, 2014, 06:49:08 AM

Quote from: cbeast on June 08, 2014, 06:18:51 PM

Quote from: Ron~Popeil on June 08, 2014, 04:57:52 PM

Quote from: cbeast on June 04, 2014, 11:55:29 AM

Quote from: teukon on June 04, 2014, 11:39:58 AM

Quote from: Birdy on June 03, 2014, 11:28:17 PM

Quote from: Ron~Popeil on June 03, 2014, 11:22:55 PM

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?
And it doesn't end there. There are a lot of sectors where new companies are at heavy disadvantage. E.g. industries that require a lot of infrastructure like internet providers or energy companies.

Not all of them can be beaten by competition.

Competition still applies pressure. I concede that the mechanic is less potent in these cases than in that of a widget manufacturer, but it is there. Should such a monopoly push its advantage too far, I believe it will be beaten by competition.

You didn't address the examples of how competition can be there. They can't. They are no-win situations for competition. You are a loser in those situations. Just face it. In competition, someone has to win and someone has to lose. In a competitive world, in order for someone to live, someone else has to die.

No one has to "die" for someone else to live. Competition breeds progress and innovation. Innovation means not only can more people live but they can also live better. This isn't a zero sum game.

There are only so many resources to go around. If you are competing to deny people food and water to raise the market rates, then yes, people will die, just hopefully not enough people to cut into your profits too much. That is what capitalism is all about.

Wow I am not even sure how to respond so such an absurd statement. You are clearly an extremist so there is no point in trying to reason with you.

If he is talking about monopoly on essential resources, then yes, the point is valid.

Evolution and market based competition are not pretty. Some species/people need to die to make room for other, that is how the system improve itself. Otherwise, dinosaur sill still be ruling the world right now.