[ProgressingAmerica]

If anybody wants on/off the revolutionary progressivism ping list, send me a message

Progressives do not want to discuss their own history. I want to discuss their history.

Summary: The word "monopoly" was originally an inherently anti-statist word.

[Da Coyote]

Go directly to jail.
Do not pass Go.
Do not collect $200.

[TBP]

Contemporary progressivism is even worse.

[Wuli]

Adam Smith would likely agree with the definition at the “source” given by the writer, as a definition of how monopolies existed “back in the day” - governments created them.

Yet, what Adam Smith argued was not favorable about them to an economy and economic Liberty, was the anti-competitive affects of monopolies, which were, to Adam Smith, what was precisely not good about them.

Their anti-competitive affects, and no matter how they come to be created, that prices, production, capital, and supply are restrained and controlled by the anti-competitive affects of a monopoly - ANY monopoly.

Yes, I’d agree, government created monopolies are the worse - they corrupt not only the marketplace but government as well.

But what is “bad” generally speaking, in terms of economic Liberty, is monopolies regardless of their creation.