Barriers to entry are caused by regulation - which is caused by governments and the ensuing corruption.
The natural state is monopoly...
Really?
As it is a natural state, as you say - where, in nature , do you see a monopoly, if it is such a natural state??
(resources is quite a common theme in nature - everything has to eat, so lets use that as the model...thanks)
(which is illegal
A subjective term made by the powerful to serve themselves. So not really relevant to the prinicples of free markets
a few large players that consolidate over time and just split the market.
Staying on the natural state theme..
monoplies
Governments and giant corporations are the dinosaurs - and free markets and ctrypo - are the tiny mammals.
The natural state is for the quick, the nimble -and the hungry - to succeed.
I quite like the 'natural state' comparison, cheers