Monopolies are usually, almost without exception, instituted by governments. When on occasion a monopoly occurs in a free market (and it can) it is usually very short lived unless that firm can co-opt the government to create a regulatory “moat” around that firm to protect it from competitors. In short monopoly is basically a problem created by governments.
Months ago I wrote about the “hipster fascists.” These are the folks who hold themselves out to be in favor of new ideas and innovation but in fact find much comfort under the wing of the warm, suffocating, life squeezing, state. Andrew Leonard the author of the attached article, though far too old to be a hipster, strikes me as this sort of fellow.
He cries to the heavens. “Uber is out to take over the world! We must stop it now. Kill this capitalist demon spawn while it is still small enough to kill. Dear Government where are you!!!!”
These recent stories (from The Alliance for Natural Health-USA) are just a small part of the total story of the alliance between government and the drug companies (Pharma).
Because of crony deals. . . .
Copyright in this country is a huge gift granted by Congress which benefits large media corporations primarily. Copyright as it is now, life of the creator plus 70 years, stifles innovation and creation. In so doing it stifles the overall economy.
We have followed Uber at ACC pretty much since its beginning and we are fans. This is capitalism at its best, taking down monopolies and the crony capitalists who have constructed the monopolies in partnership with city governments.
Right on brothers!
A judge has scuttled the plan to give Nissan exclusive rights to the New York cab business but Bloomberg vows to fight on for the manufacturer.
About sums it up.
There are very good arguments, both for and against copyright. Our founders thought that such rights were vital to encourage innovation and creative exploration.