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.
__________________ Busting chops and taking names.
If history is to change, let it change. If the world is to be destroyed, so be it. If my fate is to die, I must simply laugh.
The past is dead. It was all just a dream...
- Magus
To help protect the sanctity of marriage, please keep all affairs heterosexual.
If no image appears, something has gone wrong. I don't know. Probably run out of squirrels.
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.
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. †Beckie
Society Administrator
PM me if you have any questions, if you need help or if you need prayers.
~~~~~~~~~~
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
CF is looking for moderators! If you are interested, please PM me!!
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)
__________________ No silicon heaven? Where would all of the calculators go?
Kryton
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
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.
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. †Beckie
Society Administrator
PM me if you have any questions, if you need help or if you need prayers.
~~~~~~~~~~
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
CF is looking for moderators! If you are interested, please PM me!!
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!!)
__________________ No silicon heaven? Where would all of the calculators go?
Kryton
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
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.
__________________ Whatever is true, whatever is noble, whatever is right, whatever is pure, whatever is lovely, whatever is admirable--if anything is praise worthy--think of these things.
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.
__________________ Goodness is stronger than evil,
love is stronger than hate,
light is stronger than darkness,
life is stronger than death,
victory is ours through him who loved us.
(++Desmond Tutu)
Linear Mode
