Truth To Power wrote:It wasn't condescension. I was skeptical that you would find a willingness to understand what I wrote, and in the event you unfortunately demonstrated that you in fact did not understand it:
Sure it is. Capitalism is defined by ownership, not competition. Free market capitalism is an oxymoron. No capitalist economy has ever come close to a free market or absence of monopoly.
There's nothing uncapitalist about that.
I doubt that.
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” -- Adam Smith
See? You chose not to understand. The Beatles' monopoly was the copyright monopoly on the music they wrote and performed. No one else was allowed to produce additional copies or create different arrangements without paying them for permission. That is how they got so rich.
But others were not permitted to produce them. That is a monopoly.
But monopoly means your rights have been taken away to given someone more profit at your expense and the expense of potential competitors.
Nonsense. If not for the copyright monopoly, they would have heard more of it.
More nonsense. The albums would just have cost close to their production cost.
Your feelings do not alter the fact that they got rich through government-issued and -enforced copyright monopoly privileges.
Competition does. Monopoly doesn't.
But it is still more expensive than it would be in the absence of the patent monopolies that reduce production and increase prices. You just can't even imagine what that genuine free market would be like, how much more abundant almost everything would be.
TTP you are arguing with someone without a basic Economics 101 education.
I told you he doesn't read other people's arguments well or even bother to check what he is told.
Monopoly is not capitalism, neither is crony capitalism, and neither is this or that (his answers sound like a parrot's of whatever he is told. Doesn't he realize how easy it is to find out if what you are writing to him is true or not? You go and open a good book on Capitalist modes of production and markets. That is it. You don't have to be struggling at all. You work and read. The end of the ignorance. But no, got to keep insisting on thinking what you think is right when everyone in the world who ever studied Adam Smith knows what it means and how the system works.)
Socialism is OPPRESSION. Lol. He doesn't understand some basic things.
I think he reads bad propaganda and thinks he knows things.
y deja que mi alma se- pierda en- tus riachuelos
para buscar la fuente que te robó de niño
y en un ímpetu loco te devolvió al sendero.