Tag Archives: natural monopoly

Even from a conservative point of view, the concentration of power at large tech companies is scary. As a true conservative, you’re afraid of the constitutional power in the government. Not because the government is evil per se, but because you don’t trust human nature and concentration of power. So if you have the same concentration of power in the private sector it doesn’t become fine all of a sudden. If anything, it becomes more dangerous. At least, we have ways to address the...

Does technology lead to technocracy and is technocracy a form of feudalism? Technocracy and its tendency toward neo-feudalism is based on ownership of natural monopolies. Natural monopolies are candidates for anti-trust action.The New GeographyWhat Do the Oligarchs Have in Mind for Us? Joel Koltin

Socialism is much more than public ownership of productive enterprises. Still, if there is one policy that clearly distinguishes socialists from their (or rather our) opponents, it is support for public enterprise as a way of organizing large-scale production, and, in particular, as the preferred model for industries characterized by natural monopoly or other major market failures. The opposite view, dominant since the 1970s, is the market liberal framework that favors comprehensive private...