Quote from: Ron~Popeil on June 29, 2014, 05:24:36 AM

Quote from: kerafym on June 29, 2014, 02:17:49 AM

Quote from: cbeast on June 15, 2014, 11:14:34 PM

Quote from: leezay on June 15, 2014, 09:02:22 PM

Quote from: cbeast on June 15, 2014, 05:54:00 PM

Quote from: Justine on June 15, 2014, 05:45:08 PM

Quote from: cbeast on June 15, 2014, 12:04:25 PM

That's what the term means. It's an unavoidable monopoly. You can always go to a socialist country instead if you can get a passport in time before you die.

Monopoly is not unavoidable. If this is the case, counties and dynasty will last forever rather than fade into history and being replaced by a better managed country/dynasty.

Very true. Many monopolies only last a few normal human lifetimes. I'm glad your immortality is working out for you.

Technology advancement speed up the process of downfall.

Technology progress creates monopolies. Look at mining pools. The superior efficiencies give the most payout, that's how monopolies are born. Oil companies may change names, but the same families are running the companies for many decades. Companies like TI and IBM own so many patents, they monopolize technology development. Revolution speeds up the process of downfall, but we're a long way from that.

Monopoly is fine if the company is providing an efficient and superior service.

An enforced monopoly would be a problem. With an open market the monopolistic entity would have to provide a great product at a fair price to avoid other companies entering the market and successfully competing. The problem we have now is that our governments support large oligopolies.

And the governments supporting the oligopolies are slowly being price out of the market.