Difference between revisions of "Monopoly, Oligopoly, Market Power and AntiTrust"
From Critiques Of Libertarianism
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[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Capitalism]] | [[Category:Capitalism]] | ||
| + | [[Category:Capitalist Harms]] | ||
{{DES | des = Capitalists unendingly seek monopoly, oligopoly, monopsony and oligopsony as routes to the highest possible profits. All are inefficient according to ordinary microeconomics. This is a huge, measurable cost. Capitalists cannot self-regulate this problem away: government must. | show=}} | {{DES | des = Capitalists unendingly seek monopoly, oligopoly, monopsony and oligopsony as routes to the highest possible profits. All are inefficient according to ordinary microeconomics. This is a huge, measurable cost. Capitalists cannot self-regulate this problem away: government must. | show=}} | ||
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