What "Progressive" Corporate Welfare Looks Like Interesting read and why big government does not achieve the ends that are assumed by the public. The push for big government by the left has the counter intuitive result of lining the pockets of those they rail against. Others understand that big government is a problem and only exacerbates crony capitalism as the thrust of big government isn't helping people but consolidation of power. After all, politicians are just people and are not immune to all the foibles of humanity. Snip... Snip...
In fact it is not a question of big government or small. The question is one of regulation. Government must regulate the market and should not let monopolists or oligopolists control the resources of the nation. In fact the adage that the market is rational is proved wrong and as such there must be some control over it.
Do so in your local capacity then. Competitive federalism is the only system of government that doesn't completely (*)(*)(*)(*) on the rights of the individual. Let different jurisdictions compete for the best policy rather than forcing a one-size-fits-all policy on them from above. Additionally, almost all legislation designed to restrict monopolies ends up creating them and limiting competition. Monopolies cannot exist for long in the absence of collusion with government - someone always comes along and undercuts the monopoly. Just look at the big monopolies today: the banking system, patents and intellectual property, etc - they're cause by government involvement in the industry. In some cases it's completely intentional, as with the banking cartel. Those who clamor about concerning market failures are usually blind to government failures, even when they are vastly more significant.
I've heard that but I don't believe it. With or without government, the tendency is always going to be toward monopoly. With or without government, the tendency is always going to be AWAY from competitive markets. Make all the regulations you want; monopoly will find a way.
What is the purpose of monopoly? If the monopoly provides lower prices and a superior product, the monopoly has evolved naturally. Simply being better than the competition is nothing to be ashamed of. However - this sort of situation can rarely be sustained. Examples are sparse. Monopolists within an industry usually have some patent and the force of the state behind them. Apple is a good example: pretty much their entire business model is IP and patent law. [hr][/hr] Of course actors want a monopoly. But why? Does providing a superior service at a lower price get them anywhere? It aids both parties: the consumer and the producer. They want a monopoly so they can raise prices without competition undercutting them. But short of active coercion preventing competition from doing so, their monopoly will invariably fail.
Monopolies will always 'naturally' evolve. Then you can forget about both lower prices and superior products.
