[ExI] Capitalism is like a poker game

[Giulio Prisco]

You said it: unless it is supported by the government. Big corporations can
always bribe government officers and recover much more than they have
invested in bribes, by unfair competition supported by the government. Small
companies cannot do this.

--
Giulio Prisco
giulio at gmail.com
(39)3387219799

On Apr 13, 2010 10:03 PM, "Rafal Smigrodzki" <rafal.smigrodzki at gmail.com>
wrote:

On Tue, Apr 13, 2010 at 2:29 PM, Giulio Prisco <giulio at gmail.com> wrote: >
This is naive spike, a bi...
### This is an old canard, Giulio. You can always compete or refuse to
trade with a corporation, unless it is supported by the government.
There is not a single case of a private monopolist capable of
preventing competition in a capitalist economy ever - this happens
exclusively when a government intervenes to create a monopoly.

I challenge you to give us a single specific historic example of a
private entity that would refute this observation.

Rafal

_______________________________________________ extropy-chat mailing list
extropy-chat at lists.extropy...
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.extropy.org/pipermail/extropy-chat/attachments/20100414/8d7be80c/attachment.html>