you know how libs always say knee-jerk "communism only works on paper" despite the opposite being true? i would like to crowdsource help in writing a good retort to that, that could. hopefully plant seeds in someone’s mind.

  • penguin_von_doom [she/her]
    ·
    3 years ago

    On monopoly one thing that is rarely discussed is the point that, if a new innovative technology arises, it will displace the old entrenched corporations or make them obsolete, so in the larger picture innovation and the like make sure that no monopoly lasts. However, the thing is that new companies need investing and finance, and what happens in most cases is that the people who own the companies dominating the market, are also the ones that have the money to invest in R&D for new technologies, or buy out these newcomers. In the end even if a given company fails and is overtaken by another, the people who own these companies ultimately remain the same.