- 05 Apr 2012 02:33
#13932133
Most monopolies can only survive off of the regulations that force consumers to feed it. Lets say there is no water supply in state X. People will find effecient ways to transport water across from other states, and if there is any money in it, others will want in on the action and create competition. Different businesses may create alliances and may create a monopoly, but if prices become unfair, there will always be another aspiring entreprenuer who can easily create a better business model to compete with the monopoly due to lack of regulation. This is based on a personal gain motive that ends up helping everbody involved.
Blue Puppy wrote:I feel as if my question is still being avoided.
Libertarians take control and a monopoly already exists. There is no more water supply in state X. Is the only Libertarian solution that people move out of the state?
Most monopolies can only survive off of the regulations that force consumers to feed it. Lets say there is no water supply in state X. People will find effecient ways to transport water across from other states, and if there is any money in it, others will want in on the action and create competition. Different businesses may create alliances and may create a monopoly, but if prices become unfair, there will always be another aspiring entreprenuer who can easily create a better business model to compete with the monopoly due to lack of regulation. This is based on a personal gain motive that ends up helping everbody involved.