PuroFreak:

kuzi16:

and what monopolies do we have today?

This is the point I was going to make. Name ONE monopoly we have today. And the monopolies we are referring to are nationwide and that have a major impact on our economy. Microsoft is a huge corporation, but is NOT a monopoly, neither are oil companies because guess what, there are several of them. Mono= ONE.

http://www.federalreserve.gov/bankinforeg/reglisting.htm

Now take a look at this and tell me what has been deregulated in the banking industry. Also along with Banking, tell me where the auto industry was deregulated since according to you that is the cause of the economic melt down. I'm very curious what regulations were done away with to make you think deregulation occurred.

I'm not going to do all the leg work for you people. There was a woman in one of my economic classes that did a report on this very thing and had a very detailed presentation on it but I'm not going to put that effort into this for the sake of this debate. If you want go watch the roger more movie capitalism a love story, in that film he does a great job on covering this very thing, and lists many bills and laws that did this very thing. Frankly I've already put up many links on things, most recently healthcare and it just gets passed over. Monopolies, well let's see, we have a few major corporations that own most media networks, Microsoft is one, well almost anyway, though let's see any small company start up, as soon as it's a threat they will be bought out, there have been a lot of small business's that have developed water/battery cars that have been displaced (not really sure on what industry did though) the oil industry, pharmaceutical industry. Even if they aren't true monopolies, they have so much money, so much lobbying power that really they have full control. Look at how much the oil industry has pushed against any type of new tech being implemented for clean energy and losing dependence on Oil? Battery technology for cars has been around for years even decades, using water power to fuel a car has been tested, solar power, but all have been suppressed. Maybe using the term monopoly was a bad choice to use, but either way the power and money these few companies have make them very powerful. The health insurance industry is a great example, there are a handful of large ones (maybe 3 or 4) that run the entire show and they break up areas to maximize profits. Sure they're are smaller ones but they offer even worse coverage than the large few. That by itself isn't a true monopoly but it acts like one.

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