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European Tribune - Comments - In Defense of Monopoly
1. Elimination of waste of scarce resources
You cannot be serious.
Elimination of corruption and influence peddling
A change only in the nature of the corruption and influence peddling, I think.
Improvement in reliability of core infrastructure industries
Now that I give you.
Stable earnings for investors
With an adequate regulatory regime, I give you that, too.
Elimination of "me too" products and replacement by real innovation
Me too products, yes.
Real innovation - not conducive to management progress up the food chain. Far easier to take no chances.
I believe that it is now possible to develop a hybrid partnership-based "Not for Loss" monopoly enterprise model which will in practice give the benefits you claim for state sanctioned monopolies. "The future is already here -- it's just not very evenly distributed" William Gibson
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