As the title "Thoughtful and Intelligent Debates" implies we want quality discussion in this forum. If you're going to post a new topic or reply to one here please make sure it fits the following guidelines.
Clear and descriptive title for your topic.
You don't need to write a book but please have a reasonable amount of material to support or dispute what you are discussing.
Outside references to material to support or dispute your argument can be used but they should not wholly make up your argument. If for example you reference a news article please explain exactly what you are referencing and why.
Stay on topic, while topics will wander in the general forums we want to keep them strictly on topic in this forum. Flaming will not be tolerated at all.
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 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?