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  #1  
Old 6th November 2009, 11:32 AM
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Monopoly

Is it immoral to have a monopoly? Is it moral to punish a company for having a monopoly?
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  #2  
Old 6th November 2009, 11:45 AM
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Originally Posted by Wiccan_Child View Post
Is it immoral to have a monopoly? Is it moral to punish a company for having a monopoly?
They're not inherently a bad thing, and are required in some instances (such as certain utilities). Monopolies are much more susceptible to exploitation, though, so careful monitoring is necessary.
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  #3  
Old 6th November 2009, 12:43 PM
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Having one? No. Abusing one for profits? Yes.

What exactly constitutes abuse? Heavily debated.
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  #4  
Old 6th November 2009, 01:07 PM
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having a monopoly opens one up to corruption. If I'm the only one providing hot dogs on the corner and people really want hotdogs, what's stopping me from jacking my prices up to kingdom come? I'm already making a profit with what I'm selling my hotdogs for, so to jack up my prices is just being corrupt and abusing the people who buy from me.

Back in the day when Ameritech was the big kahuna in telephone companies, that is EXACTLY what they did. Anyone who wanted into the telecom business had to rent their lines through Ameritech and Ameritech would charge through the nose for the lines, which would dissuade companies from starting up. Ameritech regularly jacked the costs for phone services - they used to charge an extra $5 a month just to have touch tone instead of pulse!

Someone felt this behavior was immoral and they took Ameritech to court...and now we have many phone services options and many different prices to pay. It's a far better market.
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  #5  
Old 6th November 2009, 03:15 PM
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Originally Posted by Wiccan_Child View Post
Is it immoral to have a monopoly? Is it moral to punish a company for having a monopoly?
Board games are never immoral. (though monopoly does come close)
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Old 6th November 2009, 03:19 PM
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Originally Posted by Belk View Post
Board games are never immoral. (though monopoly does come close)
and now they have the monopoly games where you use a credit card, and the one where you can simply build nuclear power plants and destroy someone's cities!! (I think it's nuclear, but don't quote me on that. No, really, don't!!)

The HORROR!

Personally I prefer Hungry Hungry Hippos and Uno.
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Old 6th November 2009, 03:31 PM
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Originally Posted by PreachersWife2004 View Post
and now they have the monopoly games where you use a credit card, and the one where you can simply build nuclear power plants and destroy someone's cities!! (I think it's nuclear, but don't quote me on that. No, really, don't!!)

The HORROR!

Personally I prefer Hungry Hungry Hippos and Uno.
Never played HHH, Uno is a good no brainer game.

For a really good time try settlers of Catan.

The Settlers of Catan - Wikipedia, the free encyclopedia
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Courage is the price that life exacts for granting peace. The soul that knows it not, knows no release from little things; Knows not the livid loneliness of fear, nor mountain hights where bitter joy can hear the sound of wings. How can life grant us boon of living, compensate for dull gray ugliness and pregnant hate unless we dare the soul's dominion? Each time we make a choice, we pay with courage to behold restless day, and count it fair.
Amelia Earhart
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  #8  
Old 6th November 2009, 03:43 PM
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Monopolies aren't inherently, but as mentioned, can result in an abuse of power. That danger is what makes it wrong. However, I don't think a monopoly on something relatively unimportant, like potato chips, is wrong. It's only an issue things we depend on, like a monopoly on cars, phones or the internet.
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Old 6th November 2009, 04:25 PM
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Originally Posted by Wiccan_Child View Post
Is it immoral to have a monopoly? Is it moral to punish a company for having a monopoly?
It's not immoral as such, but since a captialist economy relies on competition to work properly it needs to prohibit monopolies and cartels in most situtions and heavily regulate the situations where they are unavoidable.

If we weren't relying on competition to make the thing work then we wouldn't need to prohibit them.
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Old 7th November 2009, 04:53 AM
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Originally Posted by Belk View Post
Never played HHH, Uno is a good no brainer game.

For a really good time try settlers of Catan.

The Settlers of Catan - Wikipedia, the free encyclopedia
Settlers is so gooooooooooooooooooooooooooood!
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