logoalt Hacker News

joe_the_useryesterday at 7:21 PM2 repliesview on HN

Looks like a good article explaining some key concepts like natural monopoly.

And yeah, the US model is to tout free enterprise to the skies but then have the state give control of a given market to a single or a couple of monopolists.

The problem is the US has created a constituency of state-dependent small and large business people whose livelihood depends this contradictory free-enterprise ideology.


Replies

raw_anon_1111yesterday at 11:10 PM

It’s not a good article at all…

https://news.ycombinator.com/item?id=47654841

underliptonyesterday at 10:13 PM

The ultimate irony being that these people are the most likely to vote against social safety nets. "No free lunches" and such.