WG would be one of those people willling and able to defend that the earth is flat even if NASA would take her to the moon to admire the planet Earth as a globe just because she can. She's stubborn that way. :inlove:
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Monopoly isn't a great option either but it beats a situation where 1 or 2 companies dominate the market and a couple of dwarf companies on the side, giving the impression of a competitive market when in fact, the main players can pretty much do what they want in an oligopoly market.
Maximizing profit while you're taking advantage of your powerful position by hiking up your prices as high as you can just to squeeze out your customers more and more because those costumers don't have much of a choice is not a foreign notion in capitalism obviously but that doesn't make it fair either.
The arrogance of the energy companies for example is unbelievable.
A number of years ago, the government was the one deciding on the bread price here (because it was considered to be an essential product) but now, the bakers can decide on their prices. The thinking was that competion will keep the bread price low.
That's the theory.
In reality, the prices have sky-rocketed. The bakers keep on increasing their prices to ridiculous levels, inventing one stupid reason after the other to explain their need to keep on increasing the price. They will increase the price when the oil price has gone up but they won't decrease it when the oil price goes down.
I remember having an argument with a bakery because they'd put up an explanation about the situation on the oil market which I knew was rubbish since I'd just read up on the actual situation at work.
I told them that for me, they have two choices:
Either, they put up a note explaining that their prices have gone up because they have their eyes set on a brand new Mercedes.
Or, they don't put up anything and just shove the prices down our throats without explaining anything.
The problem is that bakers agree with each other on prices even though it's forbidden to make price deals. Who is going to check if one baker phones the other bakers in the city to propose to increase the price?
They stopped putting up signs.
In other words, for the essential goods and services people need to live a normal life, I do believe in a government having the power to limit the power of the giant companies.