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mnm1 | 5 years ago

That's exactly the end result of capitalism, at least in America, due to lack of proper regulations. There's nothing more capitalistic than a monopoly or duopoly. Oligopoly at worst. This is the goal every single capitalistic organization in the world strives for. From Google to Apple to drug dealers and slavers they all want monopoly or close to it. To claim that monopoly is not capitalistic is delusional. It's the most capitalistic situation possible and the most desired and sought after universally. It earns the winner the most capital. America has really perfected this system in its legal markets, although on the black market many other countries have too.

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paulryanrogers|5 years ago

Technically you may be correct. I meant capitalism, small 'c', as understood in the post-Standard-Oil era. If there is no competition then it's not truly a free market. So perhaps I should have written free-market capitalism.