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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.
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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