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Joined 11 months ago
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Cake day: December 21st, 2025

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  • This is actually one of those cases where the dictionary definition isn’t really helpful or applicable. Because that definition is based on a literal meaning of the word and not the actual economic implications. Economically speaking once a market is dominated to the point where you cannot compete economically that is what we call an effective monopoly or actual monopoly. Basically a real life monopoly.

    Think back to when Bell was broken up. It wasn’t the only, exclusive, competitor in the market. However they owned such a massive market share that they had to be broken up because no one could effectively compete. You’ll see how using the literal and ineffective definition of monopoly would be extremely easy to defeat for companies exercising actual monopolies.

    So basically the other guy is right, albeit expressing himself rather dickishly.


  • I came close to getting sucked into libertarianism back in college. I had a roommate who was college libertarian, and he had a whole friend group that were pretty libertarian. And he was working for the Kinky Friedman campaign so our apartment was filled with Kinky for Texas governor signs. Who didn’t love Kinky Friedman? Especially with the other options.

    But the more and more we talked with each other the more and more I started thinking hey this is kind of fucking crazy. One of them was convinced that we should get rid of the US Military and replace them with Mercenaries. Mercenaries. Cuz that’s always a great concept. That always works well for a country. Slightly unrelated but another one of them said that the Postal Service, the band which I think has had to change it’s name, was better than Michael Jackson’s music. So clearly they were all out of their minds. And I pulled away.

    I think most of them grew out of it too thankfully.