Rant: "True monopoly is impossible without government"


Samson Corwell

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I was just reading an article on the Microsoft anti-trust case written in 2006 by an Objectivist (maybe I'm a masochist) by the name of Edwin A. Locke (I looked him up and he's the O'ist who thinks PETA wants humans to suffer). So, in this article he brought up the oft-repeated libertarian talking point that "true" monopolies can't exist without government intervention. Now, the word monopoly may have originally meant policy that prohibited anyone other than one particular entity from selling an item, but 100+ years ago it took on the meaning it now has today. It's as if some pedantic handy-man went about correcting people who said they were "screwed" that "screwing" is something that is done with a screwdrive to a screw. Or if a prudish farmer went around screaming at people that an "ass" is a donkey and not a person's fanny.

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