And I cant believe I have to type this on HN of all places.
No one denies that monopolies are risky. In fact this is the argument against anti-trust regulations, which is basically a monopoly granted to very few people (which in practice, means a guranteed monopoly to a colluding subgroup of political class). There are probably more cases of harm done by this monopoly than by corporations monopolies.
Also one major difference, Corporations have to earn their monopolies where the political class dont. Only one of these two will not think twice before abusing it.
We already have a protection agaisnt monopolies aka free market.
No one denies that monopolies are risky. In fact this is the argument against anti-trust regulations, which is basically a monopoly granted to very few people (which in practice, means a guranteed monopoly to a colluding subgroup of political class). There are probably more cases of harm done by this monopoly than by corporations monopolies.
Also one major difference, Corporations have to earn their monopolies where the political class dont. Only one of these two will not think twice before abusing it.
We already have a protection agaisnt monopolies aka free market.