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RE: Privatize the Police!

in #politics8 years ago

Are you kidding me? Rail networks and energy grids were created by private companies first prior to them being nationalized. I never said monopolies don't happen absent the state, so you can take that strawman and torch it. What I did say, however, is that they are unsustainable and will not last, because the costs associated with maintaining an actual monopoly are astronomical and continue to increase over time. Every regulation passed on an industry increases the costs to enter said industry, which reduces competition. Less competition = more market share for existing firms that can bear the brunt of those costs. There's no way you can argue against this; regulations increase costs, and increased costs put a downward pressure on new firms entering the marketplace, which reduces competition.