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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
| Posts: | 6399 |
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The link may be confusing when the viewer considers how things work. Please think in terms of voluntary associations on one side and involuntary associations on the other side.
There are few natural monopolies where a single provider of a monopolized necessity can arbitrarily raise and lower the supply and the demand of that single thing produced and exchanged. Please consider how the owner of the patent on oxygen, sunlight, food, shelter, clothing, and water could profit from those monopolies if someone or some group held that monopoly power.
Think about how natural competition works. Suppose J.P. Monopoly Dude owned and supplied all the worlds’ oxygen and that power enslaved everyone who didn’t pay the price. J.P. Monopoly Dude would turn off your supply of oxygen the moment you failed to step out of line. Then, one fine day, some upstart began producing oxygen in a remote village; undetected by J.P. Monopoly Dude’s police force. Know that J.P. Monopoly Dude wouldn’t need a Gitmo torture chamber when J.P. Monopoly Dude has control of oxygen.
The new upstart competitor to the oxygen monopoly invests a simple method of converting water into oxygen and this formula is uploaded on the internet. It spreads almost as fast as porn. The former slaves to the oxygen Monopoly free themselves and everyone lives happily ever after.
The formula is very simple. The complexity is in place so as to dumb down the victims. Gold does work as a very stable currency. Paper currency does work so long as the issue is accurate and transparent. Digital currency is very efficient and it can also be very secure and accurate. Please don’t argue over the details of which currency is best; the natural competitive process finds the best currency and that is exactly why monopolies must eliminate or disenfranchise all competitors.
The future is as bright as the people; not so bright if only a few people care.