Bill Bartlett wrote:
        The writer points out that capitalism, which is predicated on and
        justified by free competition, inevitably trends toward increased
        monopoly, simply by the development of increasingly sophisticated
        machinery of production.
Mumpsimus prior
       This is nonsense.
       There are two types of monopoly; coercive and natural.  Natural is
       a desired variety as the best product is produced at the best
       price -- such has never existed.  A coercive monopoly requires the
       Government to enforce.
DDeBar wrote:
      There is clearly a trend towards monopoly, that is, one producer of the
      total supply of a given product. It is, from a production point of view,
      more efficient. Also, it is easier to regulate supply and to mitigate
      against crisis of overproduction. The government need only do
      nothing, and monopolies spring up all over the place.

Name one monopoly that did not require Government enforcement.
Your bible is flawed.


Mumpsimus
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