Comment by joe_the_user
7 hours ago
Looks like a good article explaining some key concepts like natural monopoly.
And yeah, the US model is to tout free enterprise to the skies but then have the state give control of a given market to a single or a couple of monopolists.
The problem is the US has created a constituency of state-dependent small and large business people whose livelihood depends this contradictory free-enterprise ideology.
The ultimate irony being that these people are the most likely to vote against social safety nets. "No free lunches" and such.
It’s not a good article at all…
https://news.ycombinator.com/item?id=47654841