@AnarchoPapist Well, I *know* he's kinda full of it. But on this one teensy issue, maybe not?
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Replying to @Nick_B_Steves
@Nick_B_Steves@AnarchoPapist It's simple statistics. Wealth follows power laws. In a 300m people free-ish economy, billionaires likely.1 reply 0 retweets 0 likes -
Replying to @i_contemplate_
@i_contemplate_@AnarchoPapist OK, but how about free-ER? And besides, this doesn't address convincing king to fight your competitors thing.1 reply 0 retweets 0 likes -
Replying to @Nick_B_Steves
@Nick_B_Steves@AnarchoPapist Wealth doesn't go away due to competitors, only accruing and future income for the enterprise does.1 reply 0 retweets 0 likes -
Replying to @i_contemplate_
@i_contemplate_@AnarchoPapist Not saying competition makes wlth go away, it prevents the overwhelming accrual of mkt share to begin with.1 reply 0 retweets 0 likes -
Replying to @Nick_B_Steves
@Nick_B_Steves@AnarchoPapist Even libertarian economists agree that temporary monopolies are possible in a free market.2 replies 0 retweets 0 likes
@Nick_B_Steves @AnarchoPapist So perhaps this is a 'market failure' but possible nonetheless.
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