Quote:
Originally Posted by jazzguru
Monopolies can only exist in the presence of State aggression.
Just for the sake of clarity, did you mean by the presence of as the maker of?
Because one can be present at an event without causing it.
Or is it something else altogether?
As for writing the State with a capital S, its the first time I see it in English. It is however the norm in French (« lÉtat »), but then France does have a state-centrist tradition at least since Cardinal Richelieu.
Just for the sake of an unnecessary anecdote, back in the 80s I had a conversation with a young fellow fresh out of business school making the case for natural monopolies.
To roughly sum it up he went like this:
Monopoly happening through unimpeded competition (as in the big fish eating all smaller ones)=natural=good.
Monopoly caused by state intervention=artificial=bad.