Caltrain Salaries Keep Going Up

[bigdumbgod]

Originally Posted by aztruth

Always contempt for the rich, not me. Is there someone holding you back from being sucessful?

Not grammar or spelling, junior.

[415 Native]

Originally Posted by SportyandMisty

No, monopolies and Capitalism do not go hand-in-hand. In Capitalism, when you see a company making a lot of money, it provides a great opportunity for someone else to come in & compete.

Natural monopolies only exist in the rare instances of long-run decreasing average costs.

It would be more accurate to say that extreme Socialism & monopolies go hand-in-hand: you have state-owned industries that are single-sellers. That is a monopoly.

In our society, the monopolies that do exist are for the most part state-sanctioned or state-authorized monopolies. You can tell these companies from a mile a way -- they don't compete; they lobby governments. Their leaders do not come up from engineering or sales or manufacturing; they come from Legal and Government Affairs. They do not have a core competency in product or customer service or marketing -- they have a core competency in lobbying governments for favorable regulations and laws.
Even their vocabulary is different: you or I might talk of prices; they talk of tariffs.

Really? So explain EA sports buying out the NFL license so they can't have competition to cut into their madden profits.