The rise of monopolies in the 19th century

The Microsoft corporation has repeatedly been accused of having a monopoly on the software market.

The rise of monopolies in the 19th century

Are you a statist? Declaring any non-libertarian to be a statist is as silly as declaring any non-tallist to be a shortist. Just as we can judge leaders on their merits and not on their height, so people can judge policies on their merits and not just on whether they increase or decrease the size of the state.

Most of the rest of this FAQ will be an attempt to disprove this idea and assert that no, you really do have to judge the individual policy on its merits. Do you hate libertarianism? To many people, libertarianism is a reaction against an over-regulated society, and an attempt to spread the word that some seemingly intractable problems can be solved by a hands-off approach.

Many libertarians have made excellent arguments for why certain libertarian policies are the best options, and I agree with many of them. I think this kind of libertarianism is a valuable strain of political thought that deserves more attention, and I have no quarrel whatsoever with it and find myself leaning more and more in that direction myself.

Monopolies and Trusts |

This is the strain which, rather than analyzing specific policies and often deciding a more laissez-faire approach is best, starts with the tenet that government can do no right and private industry can do no wrong and uses this faith in place of more careful analysis.

This faction is not averse to discussing politics, but tends to trot out the same few arguments about why less regulation has to be better. I wish I could blame this all on Ayn Rand, but a lot of it seems to come from people who have never heard of her.

I suppose I could just add it to the bottom of the list of things I blame Reagan for. To the first type of libertarian, I apologize for writing a FAQ attacking a caricature of your philosophy, but unfortunately that caricature is alive and well and posting smug slogans on Facebook.

The rise of monopolies in the 19th century

Will this FAQ prove that government intervention always works better than the free market? No, of course not.

I believe that deciding on, for example, an optimal taxation policy takes very many numbers and statistical models and other things which are well beyond the scope of this FAQ, and may well have different answers at different levels and in different areas.

What I want to do in most cases is not prove that the government works better than the free market, or vice versa, but to disprove theories that say we can be absolutely certain free market always works better than government before we even investigate the issue.

After that, we may still find that this is indeed one of the cases where the free market works better than the government, but we will have to prove it instead of viewing it as self-evident from first principles. But you never run into Stalinists at parties. At least not serious Stalinists over the age of twenty-five, and not the interesting type of parties.


But the world seems positively full of libertarians nowadays. And I see very few attempts to provide a complete critique of libertarian philosophy.

There are a bunch of ad hoc critiques of specific positions: But one of the things that draws people to libertarianism is that it is a unified, harmonious system. Unlike the mix-and-match philosophies of the Democratic and Republican parties, libertarianism is coherent and sometimes even derived from first principles.

The only way to convincingly talk someone out of libertarianism is to launch a challenge on the entire system. Some of them are good but incomplete. Others use things like social contract theory, which I find nonsensical and libertarians find repulsive.

The rise of monopolies in the 19th century

How is this FAQ structured? The first addresses some very abstract principles of economics. They may not be directly relevant to politics, but since most libertarian philosophies start with abstract economic principles, a serious counterargument has to start there also.Keep it to yourself.

Historical development of economics

This absence of markets is the result of the same factors that have given rise to firms. All sorts of “transaction costs” on markets—searching for information. Modern American candy (Post Civil Wars).

The Industrial Revolution made possible many new candies.

Rise of Big Business: US History for kids ***

Advances in food technology, scientific knowledge, and cooking apparatus made possible items such as jelly beans and 19th century American cookbooks do not include recipes for making chocolate candy because it was primarily made by professional confectioners.

The Tally was conventionally, a willow stick up to eight feet long and notched to indicate the sums loaned to government, receipts and advances were normally only in very large amounts in millions of pounds. Did Germany experience rapid industrial expansion in the 19th century due to an absence of copyright law?

A German historian argues that the massive proliferation of books, and thus knowledge. In historical contexts, New Imperialism characterizes a period of colonial expansion by European powers, the United States, and Japan during the late 19th and early 20th centuries.

The period featured an unprecedented pursuit of overseas territorial acquisitions. At the time, states focused on building their empires with new technological advances and developments, making their territory. Henry George was a lucid voice, direct and bold, that pointed out basic truths, that cut through the confusion which developed like rot.

Each age has known such diseases and each age has gone down for lack of understanding.

Rise of Monopolies