Comments by "TommyJ" (@ImperiumLibertas) on "Brother turns heel u0026 becomes anti-consumer printer company 😢 😢 😢" video.

 @dunk7073 yeah because it's capitalisms fault right. How's your state built printer doing for you?
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@triparadox.c in perfect capitalism there is sufficient competition to drag prices down to market equilibrium. The only time a monopoly can happen is when regulation prevents competition. Even when monopolies form in unregulated capitalism (which doesn't exist at a large scale) they are quickly met with competition because there is money left on the table for competitors to capitialize on. The natural state of capitalism isn't a bunch of mega corps that own everything. You mostly see that in places with strong market controls like Korea and China and in some industries of the US. This is fundamental economics. None of this is even controversial.
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@Scorialimit you're talking about Standard Oil and Rockefellers business practices were illegal. He used his monopoly position to buy out smaller kerosene companies to prevent him from having to lower prices. That is by definition anti- competitive. The US eventually ordered his company to be broken up into 34 independent companies. In law you're allowed to be a monopoly and even enjoy monopoly pricing but you are not allowed to use your market position to suppress your competition.
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@OddWoz go read a book that isn't Das Kapital
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@2m7b5 it's in the best interest of companies to provide a more attractive product than their competitors at a better price. This is true unless there is a monopoly or backroom collusion against the consumer which can only happen in a consolidated market. Price fixing is not capitalism and is an anti competitive and already illegal practice. There is no lack of regulation here.
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@dunk7073 the healthcare system? You mean the most heavily regulated industry in the United States? It's total garbage. Still better than the NHS or any other nationalized health service.
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@bigdawg3683 the perfect market is an economic term that refers to a state where the businesses within a market are indistinguishable from one another. The result is sellers sell their goods at or near cost because increasing prices any higher would result in the competition offering the same product as a lesser price. It is also the state where the consumer has the most choice and freedom since if one company does wrong by them they can easily find another. Perfect markets do exist. The food industry is the traditional example but most of the market is near perfect. Markets ebb and flow between monopolies and perfect market state through innovation. The idea is that monopolies don't exist for long periods in a truly free market because they by their nature rely on monopolistic pricing to sustain themselves. Once sufficient competition matches their product they lose their monopoly status because the consumers have choice. I recommend reading Thomas Sowells Basic Economics book or watching videos that cover the topics within it. There's so much more to it that what I've laid out but I only have so much time.
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