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lsiq | 2 years ago

Every monopoly that exists (and has ever existed) does so because of some combination of government granted monopoly rights. Mineral rights, patents, intellectual property, and all other regulatory barriers to entry.

There is no "natural" culmination into monopoly, monopoly is THE ANTITHETICAL END of the market. Where monopoly exists there is no longer a competitive market floating prices. The state itself in then in control of all production or in affiliation with a stagnant racket that controls all production. There is no market anymore, because the state (a monopoly of its own) has ceased to enforce a market. It is a choice for the state to make. The contrast between the choice between a market and monopoly is as stark as the contrast between South Korea vs North Korea, or Norway vs Venezuela.

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