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I think you're confusing 'monopoly' with 'market' - which is fair enough, because everyone else does too. Essential services are rarely a mature market without state aid - which is possibly a good thing, because if you leave freebooting capitalism to run things it invariably bubbles and implodes. q.v. the number of railway companies which went bust after the UK's booms.

I thought that's what happened to private mass transit in London over the 19th century. I may have to visit the London Transport Museum again, though.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Carrie (migeru at eurotrib dot com) on Mon Apr 15th, 2013 at 09:10:49 AM EST
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