A company can achieve such high levels of productivity that it no longer relies on the profit motive, whether it’s privately or publicly owned. When I refer to a “private monopoly,” I’m describing a private enterprise that has effectively transitioned into a publicly regulated entity with a focus on improving societal ills.
reminds me of the DMV … which is a flaming pile of dogshit and treats people like shit because they can do whatever they want and still be in business… you keep your socialism
How is a private monopoly a public monopoly?
A company can achieve such high levels of productivity that it no longer relies on the profit motive, whether it’s privately or publicly owned. When I refer to a “private monopoly,” I’m describing a private enterprise that has effectively transitioned into a publicly regulated entity with a focus on improving societal ills.
reminds me of the DMV … which is a flaming pile of dogshit and treats people like shit because they can do whatever they want and still be in business… you keep your socialism