Pure Natural
Pure Natural
What is the difference between a pure monopoly & a natural monopoly?
Monopolies can come about for a few different reasons. It may be that a certain resource ONLY comes from one location (example: helium/Amarillo Texas); it is easy then for one party to own and control the commodity.
Another model is that you have a complex product, that requires multiple processes, such as gasoline... those products become monopolies because it is so expensive to start up new companies that it becomes prohibitive. The companies that first put their processes together have a clear advantage, as it becomes ever more difficult for competeitors to enter the market.
The third model (related to the second), which is much in evidence in modern times, is that corporations buy up other companies and either subsume them completely, or bankrupt them to eliminate the competition altogether.
Monopoloies in media, mining, critical resource production and agriculture are serious problem in the modern world, and create the conditions in which the classic model of supply and demand becomes meaningless. A vertical economy is one in which there is never an opportunity for prices to consumers to go down. This is why we have constant creeping inflation and literally nothing ever becomes more affordable.
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Handcrafted Purple Rainbow Moonstone 925 Sterling Silver Ring Size 7 | US $1.79 | 17m |
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Handcrafted Turquoise 925 Sterling Silver Jewelry Rings 6 | US $5.50 | 20m |
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AS PHOTOGRAPHED TURQUOISE AND BLUE TOPAZ 925 STERLING SILVER EARRINGS 13 | US $2.71 | 21m |
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