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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (294799)7/14/2006 3:43:11 PM
From: combjelly  Read Replies (2) | Respond to of 1575403
 
"Monopolies are more often the result of government action than lack of action."

Exactly what government action led to Standard Oil? Or any of the other monopolies and cartels that grew up during the 1800s and early 1900s?

Do you just make this stuff up?



To: TimF who wrote (294799)7/14/2006 5:32:20 PM
From: TigerPaw  Respond to of 1575403
 
The graft is often increased not decreased by more government involvement. Monopolies are more often the result of government action than lack of action.


Sounds like you got your information from a fortune cookie.
(or worse, talk radio).

Monopolies and graft are matter of risk and reward.
You can have corrupt people in either government or industry. The key is to make either one accountable and that means some form of transparency. Most republican "reforms" are really schemes to hide corporate actions. That doesn't mean corporations have to become corrupt, but it does mean that their risk is reduced while the rewards are just as high.

TP