April 22, 2024

Monopolies are not capitalism

Canada has a monopoly problem. It serves as a cautionary tale for any economy becoming oligopolistic or worse, monopolistic. The trend in Canada has been towards fewer and fewer players in most major industries. It harms consumers, employees and stifles innovation.  In Canada it has become a critical problem.

No worse monopoly than government, and there is no bigger monopoly than government. Socialists who are anti-business and prefer to consolidate power favor government as producer.  They are in favor of an even bigger super-monopoly, refusing to see the error of their own illogic.

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