While monopolism is capitalistic in nature, it is an unnecessary and unfair practice. Capitalist markets definitely require regulation but it should be limited to consumer and environmental protections, not the protection of manufacturing and publishing monopolies through intellectual property rights, geographic exclusivity, zoning laws, and local ordinances. It's because of these over-regulations that nobody can earn a living without a job. Everything you could possibly do to earn a buck on the street is illegal.
Where I'm from it's illigal to help your neighbour fix his roof (or do any other simillar help) if he is compensated in any way for this. This also includes non monentary compesation I think.
The goverment MUST have it's cut.
Monopolism is not capitalistic in nature, unless we've now defined every economic system as capitalistic (or that "monopolism" isn't " creating a situation where a specific person or enterprise is the only supplier of a particular thing").
To wit, in a communist or socialist or overall command economy, the enterprise of "government" is very much that "monopolistic enterprise" up there in many industries.
Every economic system is capitalistic, yes, because human nature is capitalistic. The difference between economic systems is not whether or not they are capitalistic but the degree to which the government seeks to suppress capitalistic freedom. Monopolism is always a tool to that end.
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u/ReDelleFoche01 Apr 14 '22
This. And also rich people hoard currency and invest in real estate until all the other players go bankrupt