Historically the US goes through periods of extreme corporatism and extreme-anticorporatism. Guess what period we're in right now?
In a few years time the pendulum will swing the other way -- it may have already started with the 2006 election. Sherman will rumble to life (the anti-trust act, not the WWII era tank... but that's an amusing image) and we'll see AT&T and Verizon broken up again, the Petro-Cartels clapped in irons, and the usual stuff.
Then it'll all start over again just in time for your grandkids to get pissed off about it.
US files motion to intervene in AT&T secrets case
Moderator: EG Members
hrm i wonder when i actually posted that cause i was in the middle of editting it apparenty not posting it for the first time . while the trafficing its information to the NSA can be a little scary, having a perfect competition economy or large number of competitors isnt necesarrily better than having a monopoly.
companies are naturally inclined to maximize profit. the large a company is, typically the cheaper it can produce its products (needs to review economics again...maybe i shouldn't drop econ 103). this means that it will be able to provide the products at a lower cost. now if the demand and supply rate can be such that when there is a monopoly in place, that the company will actually make more money by providing the product or service at a cheaper rate than would be possible in a perfect competition market or (not sure what its called) a market that consists of many competitors that are somewhat differentiated from each other.
companies are naturally inclined to maximize profit. the large a company is, typically the cheaper it can produce its products (needs to review economics again...maybe i shouldn't drop econ 103). this means that it will be able to provide the products at a lower cost. now if the demand and supply rate can be such that when there is a monopoly in place, that the company will actually make more money by providing the product or service at a cheaper rate than would be possible in a perfect competition market or (not sure what its called) a market that consists of many competitors that are somewhat differentiated from each other.