Wednesday, 8 December 2010
I feel very strongly against monopolies or near-monopolies. These practices are undemocratic and seriously undermine the economic health of nations. Furthermore, they rob us of the ability to exercise choices and to benefit from efficiencies (such as lower prices) attendant to a variety of choices in the market. Their presence in effect kills enterprise. In some sense, they are consumer terrorists.
I pray for the end of their era in much the same way that the big US banks have been shuttered on account of uncontrolled greed. I'd like to see flourishing small businesses with authentic products and genuine interests. May that time arrive soon.