Originally posted by: Skoorb
It can be entirely consumer driven. Thank God it isn't. If it was, and we had no monopoly laws, the country would be in a mess. I'm sure you're aware of what happens without them. Walmart would destroy the competition by slashing their prices even lower, and taking a hit for a while. Then, when they're doing only so-so and losing money, but target and others have been destroyed, walmart will come in and jack prices up again to sky high levels. Somebody else comes in with lower? Well walmart will put a store next to them and give things away for free.By letting the economy adjust itself. The economy is consumer driven, not government driven.
Capitalism is not magically self-correcting. Run amuck, it's not a good system at all, and that's why every nation on the planet that has a capitalist market has government checks to ensure things don't get out of hand.
You are hung up on this monopoly thing, yes anyone who has sat through a week of high school economics knows monopoly = bad. The point I am making is that you have to walk a very thin line when giving governmental control over private industry. Private industry and free trade are the most important factors in keeping us a free democratic society, backsliding off these liberties is a very quick dive into socialism. So while you are correct, this is just an area we as americans need to stand against when it comes time. Give up a little monetary comfort for the sake of a better country for tomorrow.