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In Scott Barancik’s
article (“He Doesn’t Want His MTV,” 9/13), he refers to District Cablevision (DCV) as a “private monopoly” and states that regular business would not dare act as DCV does.
DCV did not rise to power in the free market. In a free market, coercive monopolies cannot survive; they may only do so when the government makes competition impossible.
This “private monopoly” was created in an artificial government market, and because of its head start, it will take time for free-market forces to restore the balance.
To close his article, Barancik mentions the novel Atlas Shrugged by Ayn Rand. I suggest that he try a little nonfiction by the same author, preferably Capitalism: The Unknown Ideal.
via the Internet