Are "free market" monopolies evil?

Are "free market" monopolies evil?

PostBy: lsayre On: Sat Jul 21, 2012 6:16 pm

This fine gentleman makes an intelligent and strong case that (specifically) free market monopolies are not 100% truly possible, but to the extent that there have been real instances of near free market monopolies, the same have never proven to be either coercive or evil, and in fact that they have always been quite beneficial. Please don't let his slight speech impediment deter you from listening to this entire video. This is not what we are taught (I.E., the government line) about monopolies.

lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
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Other Heating: Resistance Boiler (13.5 KW)


Re: Are "free market" monopolies evil?

PostBy: franco b On: Mon Jul 23, 2012 5:49 pm

Your comments have been enough to make me not bother to hear this man.

Local monopolies whether by management or labor are always bad.

Look what happened to phone charges when ATT was broken up.

There may be instances of monopolies being benevolent and an advantage to all concerned. I think Microsoft falls into that category because it forced a common system.

Enforced monopoly by government such as postal service, education and probably medical care are bad.
franco b
 
Hand Fed Coal Stove: V ermont Castings 2310, Franco Belge 262
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Re: Are "free market" monopolies evil?

PostBy: jpete On: Mon Jul 23, 2012 6:04 pm

Monopolies aren't automatically bad.

The caveat being that government does nothing to aid it or prevent others from competing with it.
jpete
 
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Re: Are "free market" monopolies evil?

PostBy: lsayre On: Mon Jul 23, 2012 6:31 pm

AT&T was a government sanctioned and regulated monopoly. Not a free market monopoly.
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Blaschak Anthracite Pea
Other Heating: Resistance Boiler (13.5 KW)

Re: Are "free market" monopolies evil?

PostBy: franco b On: Tue Jul 24, 2012 11:15 am

lsayre wrote:AT&T was a government sanctioned and regulated monopoly. Not a free market monopoly.

Still we saw what happened to prices when they were broken up. Isn't free market monopoly a contradiction in terms?
franco b
 
Hand Fed Coal Stove: V ermont Castings 2310, Franco Belge 262
Baseburners & Antiques: Glenwood Modern Oak 114
Coal Size/Type: nut and pea

Re: Are "free market" monopolies evil?

PostBy: lsayre On: Tue Jul 24, 2012 12:00 pm

franco b wrote:
lsayre wrote:AT&T was a government sanctioned and regulated monopoly. Not a free market monopoly.

Still we saw what happened to prices when they were broken up. Isn't free market monopoly a contradiction in terms?


Only the Anti-Trust concept of a "coercive" free market monopoly is a contradiction. Perhaps the government figures that since their own fabricated monopolies have all been coercive, that free market monopolies must also be coercive?
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Blaschak Anthracite Pea
Other Heating: Resistance Boiler (13.5 KW)