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HaloFans

join:2006-12-18

1 edit

reply to mmay149q

Re: bull shit

I'll give it to you that Ron Paul would make a very good foreign policy advisor.

Everything else though is crazy due to the neoliberalism and philosophies of the 'invisible hand" which serves to mean deregulation.

I never realized the preachings of Ayn Rand were so popular until Ron Paul came along.

The telecoms got their deregulation in 1996 in exchange for promises for more competition. What resulted was mass cannibalism of once the former AT&T formed back together what is today.

Essentially, deregulation didn't promote competition; it promoted monopolies.


mmay149q
Premium
join:2009-03-05
Dallas, TX
kudos:48

said by HaloFans:

I'll give it to you that Ron Paul would make a very good foreign policy advisor.

Everything else though is crazy due to the neoliberalism and philosophies of the 'invisible hand" which serves to mean deregulation.

Essentially, deregulation didn't promote competition; it promoted monopolies.

»youtu.be/7nhRgg8Jx94

So in this video he's talking about free market competition, he wants to deregulate the system and let anyone who wants to jump in the business have the rights/easyness to do so thus creating a competitive market, how do you fight "everything else is crazy"? And deregulation didn't promote monopolies, people who were willing to sell their businesses to larger companies is what promoted monopolies for multiple reasons.

Another thing about that is that if you have a truly competitive market do you really think monopolies will continue to exist when mom and pop can open their own ISP locally as well as 5 others and all the sudden people have more choices and can vote with their wallets? That's the problem today, you can't vote with your wallet, if you leave company A to go to company B company B is usually doing the same thing as company A, maybe some minor differences and people are just choosing the lesser of the 2 evils, same as with Republicans vs Democrats.

Matt
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