andydes wrote:Private monopolies allow companies to fix prices, or only supply to whoever they want to.
Groups of companies can get together and do the same. This is called a cartel.
So is a completely open free market the answer? Companies compete to provide goods and services driving down cost. Sounds good so far, but they can compete by paying shitty wages, compromising safety, dumping waste, taking enormous risks with finances for short term gain, etc. Can we trust the market to make ethical choices about all this? Can we fuck.
This is why we have regulation to tell companies how to behave.
People often say regulation is bad for competition. They are wrong. Well thought out regulation only penalizes the companies with bad practices by making them play by the same rules as more ethical companies. It levels the playing field.
I love regulation.
ISO rocks.
Agree with all of the above PLUS one added ingredient which sits at the base of the continued existence of human (indeed, all) life on Earth...and that ingredient is defined by one word...DIVERSITY!!! Google it...no, wait...I have done it for you!
http://en.wikipedia.org/wiki/Diversity
The very core of our continued existence is based on the concept of diversity...initially at a genetic level, but as an advanced life form socially, we MUST have a social environment within which there exists opportunity for a diversity of thought, opinion, lifestyle etc because it is only through diversity in all these things we can continue to develop and evolve toward becoming masters of the universe...immortal and totally organised..oh wait,,,oops, sorry...that was the Swiss Edition/version...so sorry...I am so fucking sorry,,,,,,
..now, where was I ...oh yes: we need diversity to be creative, and, umm, keep making new things! Anyway, take some time out from this forum and actually read the various definitions of Diversity in the Wikipedia link and realise that Monopolies are bad because they are antipathetic to life itself ... it is a genetic fact of life @STEVE!!!
