: This is not to say that communists and socialists ought to be allowed to legislate this issue; they frequently wish to establish the most far-reaching monopoly of all - an all encompassing control over any sort of money-making enterprise whatsoever, to be managed solely by a nepotistic elite of their choosing. Thus, the need for capitalists to manage their own affairs in this regard, lest outside opportunists and charlatans do it for them, using the 'will of the people' as an excuse for a wholesale looting of the economy.
How is the situation made different by breaking up monopolies?
I was told this was "the will of the people". Have I been
bamboozled? Looks to me like selective looting, a difference
only in degree and not substance.
So I must conclude that a market economy won't work so it
must be "well ordered" by those in the know.
What I'd like to know is how you ideologically defend the producers by
breaking them into little pieces as ordained by "the will
of the people"?
Oh, sorry, I think I got that last wrong. You must be talking
about the "will of the elite", the ones who know how everything
Ah...I feel so much better now, knowing that everything is
in good hands.
Don't get me wrong. I think 'the will of the people' is just
a bad con to convince Joe Six Pack [and all the other little Joes]
that 'we know what's best for you'.