fagin@ucbvax.ARPA (Barry Steven Fagin) (08/02/85)
So what was the point of all this, anyway? >>>The historical [record] rather plainly shows that markets tend to drift away >>from perfect >>>competition towards monopolies and oligopolies as a result of natural >>>forces, unless there are restraining forces to oppose this. I disagree, and cite the examples of U.S. Steel, Standard Oil, the American railroad system, and Ma Bell. --Barry -- Barry Fagin @ University of California, Berkeley