Skip to main content

View Diary: Economics Daily Digest: Monopolies are a net loss for economic growth (4 comments)

Comment Preferences

  •  Monopolys kill economic growth by design (0+ / 0-)

    FREE ENTERPRISE gets its competitive advantage by producing a better product at a lower price.
     CAPITALISM gets its competitive advantage from  economy of scale.  It seeks to become a monopoly by trying to bankrupt its competitors.  With no need to compete, prices go up in quality goes down. Monopolys (CAPITALISM) kill economic growth by design

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site