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D wrote:In situations like these, I always recommend the calm and collected reading of Johan Norbergs The Capitalist Manifesto (https://www.amazon.com/Capitalist-Manifesto-Global-Market-World/dp/1838957928/ref=tmm_pap_swatch_0?_encoding=UTF8&sr=).On Tue, 9 Jul 2024, Scott Dorsey wrote:>
Lawrence D'Oliveiro <ldo@nz.invalid> wrote:Thank you for a good example Scott.On Sat, 6 Jul 2024 12:28:05 +0200, D wrote:It's true that the cellphone companies in the US lobbied congress for a
Except that neither europe nor the US are free markets, so neither canThe simple fact is that mobile phones took off in lots of countries,
be used as an example.
reaching over 100% penetration in several of them, while the US
continued
to lag behind. What was different? Those other countries used the
Government-mandated GSM standard, while the US just ???let the market
decide???.
number of regulations that stifled competition and stifled the growth
of the industry, such as the Electronic Communication Privacy Act of 1986
which remains a stumbling block for all kinds of things.
--scott
It is a good example of capitalism in action, using capital to acquire more capital, in this case by buying government.
Why do you hate capitalism?
Dave
>
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