Why Nostr? What is Njump?
2025-04-11 16:58:54
in reply to

AbstractEquilibrium on Nostr: Monopolies **emerge** from free markets. Unless we keep fighting that temptation & ...

Monopolies **emerge** from free markets. Unless we keep fighting that temptation & overcoming it (which can only happen in a free market!).

Monopolies don't force people to buy their thing; they make people dependent on the utility of the thing, and then put all their energy into preventing any alternatives for as long as possible. They have 2 goals: max profit, min competition.

Like I said...it goes the other way. US needs to reduce its (holistic) domestic tax, which limits domestic monopolies & enables domestic competition again. Offloading it to a tarrif tax seems appropriate to restore a healthy global Trade Balance.
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npub17fnzd22p3xu5tg8sz343d38c5m8dxxe4npyyx0akxphc6mhvxessuw5ksh