You are focusing entirely on short term inefficiencies in the market. Obviously in the short term there'll be monopolies and collusion, but in the long term they get replaced until they reappear elsewhere.
There are simply far too many solutions to every single problem to block any group permanently.
That's actually not true, mathematically speaking. The economy maximizes efficiency, and the most efficient profit entity is actually a monopoly. Competitive markets are less efficient for profit, but more efficient for price. In a free market, profit efficiency will beat out price efficiency every time.
Yes, it does maximize efficiency. But not profit of an individual monopoly or conglomerate.
It maximizes total efficiency of output (speciation, complexity and amount of members of species). That can not be accomplished with monopolies, which is why they will always fall.
Monopolies are like a dam that's trying to hold in an exponentially growing amount of water. It will break. Sure there'll be new dams later, but the same will happen to those.
No that's where you're wrong. Monopolies are the natural end to any market because monolith entities like that are the most efficient. Competition is less efficient from a profit perspective. That's exactly why anticompetition laws exist, and were created long before government intervention into the market. The train monopolies were due to the free market, not despite it.
No that's where you're wrong.
Except that I'm not and every example you tried to bring is an example against the point that you're trying to make.
Every single time you get a monopoly there are countless alternative solutions to the problem they are addressing. The only way a monopoly could stay is if it simultaneously maximizes the "profit" or "utility" of each individual. Which absolutely will never happen through a centralized monopoly.
Competition is less efficient from a profit perspective.
You're too narrowly focused to see the issue. Markets don't give a shit about the profit of a single conglomerate.
You make more profit by balancing the number of entities in a way that simultaneously optimizes their size and complexity as well as their individual profit.
You are focusing entirely on short term inefficiencies in the market. Obviously in the short term there'll be monopolies and collusion, but in the long term they get replaced until they reappear elsewhere.
There are simply far too many solutions to every single problem to block any group permanently.
That's actually not true, mathematically speaking. The economy maximizes efficiency, and the most efficient profit entity is actually a monopoly. Competitive markets are less efficient for profit, but more efficient for price. In a free market, profit efficiency will beat out price efficiency every time.
Yes, it does maximize efficiency. But not profit of an individual monopoly or conglomerate.
It maximizes total efficiency of output (speciation, complexity and amount of members of species). That can not be accomplished with monopolies, which is why they will always fall.
Monopolies are like a dam that's trying to hold in an exponentially growing amount of water. It will break. Sure there'll be new dams later, but the same will happen to those.
No that's where you're wrong. Monopolies are the natural end to any market because monolith entities like that are the most efficient. Competition is less efficient from a profit perspective. That's exactly why anticompetition laws exist, and were created long before government intervention into the market. The train monopolies were due to the free market, not despite it.
Every single time you get a monopoly there are countless alternative solutions to the problem they are addressing. The only way a monopoly could stay is if it simultaneously maximizes the "profit" or "utility" of each individual. Which absolutely will never happen through a centralized monopoly.
You're too narrowly focused to see the issue. Markets don't give a shit about the profit of a single conglomerate.
You make more profit by balancing the number of entities in a way that simultaneously optimizes their size and complexity as well as their individual profit.