Hacker News new | ask | show | jobs
by SimianSci 222 days ago
We have more companies that can be classified as monopolies in existence than ever before. In principal our market is not a zero sum game, but in practice we see it quickly collapsing to become one.

How many of the billionaires you mention are themselves the proginy of previously wealthy parents?

1 comments

At least in the US, it wasn't better in the past. Railroads were often private monopolies on certain routes. The Interstate highway system is much more open in comparison (lots of competition in trucking), and so is the Internet.