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by int_19h
2686 days ago
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As a former libertarian, you're speaking for one particular subset of libertarians, not all of them. There are some that believe that in a pure unregulated market, monopolies would simply not arise in most cases, yes. There are others who believe that they will naturally arise, but it's okay, because that just indicates that the market has reached peak efficiency. And there are yet others who believe that the important part about markets is their freedom (as defined by Smith originally, i.e. free competition), and lack of regulation can hamper that. |
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