It’s not capitalism when a company or industry hamstrings new competitors — capitalism means competition in value creation, not lawsuits and abusive legalities.
It’s not capitalism when non-competitive products or services are given advantages to keep things ‘fair.’ Capitalism isn’t fair — the superior products and services win out, and those who can’t keep up are outpaced and scrapped for parts.
It’s not capitalism when a dominant product or service maintains high prices due to a lack of compe...
Published on October 22, 2012 08:56