Comments by "" (@freesk8) on "" video.

Free markets are imperfect, but they work better than central government control of the economy to help the poor and middle class. But only crony capitalists defend crony capitalism. Free markets are different from crony capitalism.
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@dielfonelletab8711 Actually, under free market conditions, monopolies tend to be quite unstable. They may exist for a decade or so, but are nearly always undercut by new technologies or upstart entrepreneurial competition. To really preserve a monopoly, you need government involvement. Government created the railroad monopolies by granting land. Governments preserved the Bell telephone monopoly until cell phones and cable destroyed them. Governments maintain monopolies in electricity, water, sewer, natural gas, garbage collection, cable TV, ferry and bus service and fire protection. Now name a private sector monopoly? I'd be surprised if you could come up with more than one or two. Monopolies nearly always result in lower product quality, worse customer service, and higher prices. And government is the main creator and defender of monopoly.
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@dielfonelletab8711 Decades ago, we were worried about IBM having too much power. Then we were worried about Microsoft having too much power. Then we worried about Apple and Google. These private sector monopolies come and go. But to really cement in a monopoly, you need corrupt collusion with government and the force that only it can wield.
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