4 Free Market Myths Debunked
Four of the most common myths about the free market debunked from Freedomain Radio http://www.freedomainradio.com Monopolies: Not debunked. A lot of these corporations already have hundreds of millions/billions. A “loan” wouldn’t be necessary. Even if it was necessary, buying out competition DOES make the competition more valuable, but now possessing more resources and marketing channels will allow them to OUTPERFORM those competitors, with higher profit margins. Even without buying those remaining competitors, they can now afford to just sink them in the market. Free market is not free big corporations lobby their politicians so that they get laws and regulations made just for them. Or they get some special tax cuts or some other benefit that other company wont get.. So that’s how monopolies grow;Free market is just a word a hoax.