Quote:
Originally Posted by Iphinome
Hmm allow me to be more clear, promoting ownership of resources without protections against monopolies does not a free market make. Barriers to entry are one thing but amassing capital in real terms, owning huge amounts of the timber or the coal or the whatever gives you control over the market, you can dump thing below cost to drive others out of buisness, you could refuse to sell to anyone who buys from a competitor but requires more than they can provide. Ultimately pure capitalism leads to monopolies and leaves things basically as feudalism without the fancy titles.
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aka....the US Healthcare system...