@Stairc A monopoly is a single supplier of a good or service. Yes, this means McDonalds is a monopoly because it is the sole provider of BigMacs in the market. We are talking about tbe kind of monopolies on more broad goods that people think are harmful.
What kind of products are we talking about? Any examples?
Walmart and Amazon have both gotten in trouble under European predatory pricing laws for dropping their prices too low for local companies to compete while propping up their own business with overseas profits. [link] [link]
The fact that they are dropping prices is a GOOD thing. Its a wonderful thing and well worth other businesses going out of business.
2. Who wants to subscribe to a rights enforcement agency that supports bad people? The answer is bad people. There are more good people than bad people, so good REAs beat bad REAs. It's not that hard...
This is a fundamental misunderstanding of what a monopoly is and does. What's to stop the monopoly from dropping their prices low enough kill the competition, then raising them back up again. This is what happens in real life.
Whenever it raises prices back up again people will buy from a source not as expensive.
Imagine you're a member of a cartel. For the sake of concreteness, let's say you're a member of a Mexican drug cartel. These are, after all, real-world examples of organizations operating outside the bounds of the law to sell a product to consumers.
Bad example, drug cartels are in active competition, which means there are no monopoly prices charged for drugs(although the prices are high due to the risky nature of the illegal drug business and drugs arent illegal in ancap society).
Whenever I suggest to libertarians that if they don't like living under a government, they can just move, they complain that their home and family and friends and stuff are all where they are and they shouldn't have to move.
Monopolies are only bad if the monopoly raises prices too high. In that case, competition would re-enter the market.
In the case of cartels, it is beneficial to a business involved in one to cheat by going against the terms of the cartel.
If there is a monopoly on a source of water in an area, which would be unlikely because people living in that area shouldve realized the possibility of such a monopoly occuring and made previous arrangements before moving in, the business with that monopoly would have to compete with trucks that could bring water to that area. The people living in that area could also move away to a place where they know that such a situation could not occur because of previous contract.
Most of the leftists that are pro open borders are the ones living in mono-white gated communities. The reason we dont want third world immigration to lets say Europe from 3rd world countries esp. Muslim countries is that these migrants are exploiting what is supposed to be a safety net, the welfare, they are parasiting off of the workers and voting for even more forced redistrubution of hard earned wealth. If you look at the stats, these Muslim migrants are commiting highly disproportionate amounts of crime especially sexual assault. They adhere to an ideology that oppresses women and homosexuals which are two of the groups that leftists are supposedly in support of.
Violence against infidels is actually supported in the quran. All the bad things that people associate with Islam like violence and misogyny are advocated for in the quran.
1. No, business does better because competition increases quality/cost ratio.
2. Judges in the market would have to prove their trustworthiness and fairness. Again, this all happens through market competition.
3.If you raise your price too high, people will buy from someone else.
4. Then someone will patronize a non-cartelized protection agency, besides cartels never last very long...
5. These protection agecies wont want to fight each other because that is expensive, and is bad press for the protection agency that started the battle.
Another thing that I want to add is this, it is kind of ironic that people are arguing for the state to protect our property rights even though the state violates people's property rights through taxation.
The reason I'm doing this is because I want to help spread the message of liberty.
Here is my argument: taxation is theft(no government isn't somekind of contractual entity because in order for a contract to be legitimate, all people involved in the contract must agree to the terms of the contract and I haven't agreed to any such contract, such a contract hasn't even been proposed to me. Also just move somewhere else isnt a valid argument, if I told you that I would stop stealing from you if you moved away, that wouldn't justify me continuing to steal from you if you didnt move away).
Helpful links updated:
-New Youtube video under 'What About the Poor?'.
-Wikipedia page replaced MisesWiki link under 'What is Libertarianism?'.
-New book, 'The Problem of Political Authority', added under recommended books section.
-'What is Wrong With Our Government?' section added.
-'AnarchoCapitalism' section added.
The fact that they are dropping prices is a GOOD thing. Its a wonderful thing and well worth other businesses going out of business.
2. Who wants to subscribe to a rights enforcement agency that supports bad people? The answer is bad people. There are more good people than bad people, so good REAs beat bad REAs. It's not that hard...
3. You would betray the cartel secretly.
Whenever it raises prices back up again people will buy from a source not as expensive.
Bad example, drug cartels are in active competition, which means there are no monopoly prices charged for drugs(although the prices are high due to the risky nature of the illegal drug business and drugs arent illegal in ancap society).
Did you forget about private rights enforcements agencies?
Not An Argument against AnarchoCapitalism
Not An Argument against AnarchoCapitalism
In the case of cartels, it is beneficial to a business involved in one to cheat by going against the terms of the cartel.
If there is a monopoly on a source of water in an area, which would be unlikely because people living in that area shouldve realized the possibility of such a monopoly occuring and made previous arrangements before moving in, the business with that monopoly would have to compete with trucks that could bring water to that area. The people living in that area could also move away to a place where they know that such a situation could not occur because of previous contract.
2. Judges in the market would have to prove their trustworthiness and fairness. Again, this all happens through market competition.
3.If you raise your price too high, people will buy from someone else.
4. Then someone will patronize a non-cartelized protection agency, besides cartels never last very long...
5. These protection agecies wont want to fight each other because that is expensive, and is bad press for the protection agency that started the battle.
Another thing that I want to add is this, it is kind of ironic that people are arguing for the state to protect our property rights even though the state violates people's property rights through taxation.
Watch this video, it explains how an anarchic society would deal with legal disputes.
Here is my argument: taxation is theft(no government isn't somekind of contractual entity because in order for a contract to be legitimate, all people involved in the contract must agree to the terms of the contract and I haven't agreed to any such contract, such a contract hasn't even been proposed to me. Also just move somewhere else isnt a valid argument, if I told you that I would stop stealing from you if you moved away, that wouldn't justify me continuing to steal from you if you didnt move away).
What About Monopolies?
https://www.youtube.com/watch?v=mNrHFZDIAl8
What about the Environment?:
https://www.youtube.com/watch?v=3Gmds8R7lyw
What's so bad about our government?
https://www.youtube.com/watch?v=EUS1m5MSt9k (pt.1)
https://www.youtube.com/watch?v=NhSqzANQvbk (pt.2)
-New Youtube video under 'What About the Poor?'.
-Wikipedia page replaced MisesWiki link under 'What is Libertarianism?'.
-New book, 'The Problem of Political Authority', added under recommended books section.
-'What is Wrong With Our Government?' section added.
-'AnarchoCapitalism' section added.