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To: unspun
Monopolies and the like only exist, because of govm't support and protection. It's their use of govm't coercive force that enables it. That coercive force includes the ability to raid pockets and distribute wealth for the purposes of maintaining a support base in the electorate.

Rand's philosophy prohibits the theft of wealth and property, because it is a violation of the noninitiation of force principle. That alone would cut off the funding for the bribery that occurs every election cycle. That same principle would forbid the govm't from creating rules that eliminate the competition for large, well established orgs.

276 posted on 05/01/2003 5:14:53 PM PDT by spunkets
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To: spunkets
In the long run there is no such thing as monoplies.
280 posted on 05/01/2003 5:26:43 PM PDT by VRWC_minion (Opinions posted on Free Republic are those of the individual posters and most are right)
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To: spunkets; exmarine
Monopolies and the like only exist, because of govm't support and protection. It's their use of govm't coercive force that enables it. That coercive force includes the ability to raid pockets and distribute wealth for the purposes of maintaining a support base in the electorate.

Thank you for pointing out this fallacious argument. An objectivist should be able to prove this, however history and the economic principles that are found thereby show that while government is often a very significant factor in the generation of a monopoly, a monopoly is a "cornering" of a market which can and does happen by market forces combined with human greed in laissez faire markets as well as government controlled markets.

There are many simulations which demonstrate this. One of them is made by Milton Bradley.

281 posted on 05/01/2003 5:28:34 PM PDT by unspun (It's not about you.)
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To: spunkets
Monopolies and the like only exist, because of govm't support and protection.
-spunk-

Exactly, most corporate excesses would dissappear if the 'corporate veil', the myth of the corporate 'person', were pierced, & abandoned.
288 posted on 05/01/2003 5:50:55 PM PDT by tpaine (Really, I'm trying to be a 'decent human being', but me flesh is weak.)
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