Monopoly is mostly based on IP which shouldn't exist or at least should be drastically curtailed
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Do you agree that Nestle giving poor people a deal so good they cant refuse and then taking a extremely valuable resoruce to the community is unethical?
I don't think that's what happened. And I think if you're really the only person in the world that can do something, you deserve to be compensated accordingly. Just maybe not to a degree that causes privation in others.
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Im not saying thats what they did, its a hypothetical. Water is a human neccesity and supply and demand shouldnt apply to it. Everyone needs water. It should be free. Why pay for something that i require to live?
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Allocation problems. Efficiency is lack of waste, is better use of resources and thus better service to life. That ownership is deontologically bad is meaningless when the consequentialist functions of ownership are well defined.
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