When we no longer have much of a choice because everything is owned by mega corps does capitalism still exist?
2007-07-09 05:32:29 · 8 answers · asked by Anonymous in Politics & Government ➔ Politics
No, monopolies are not good for capitalism because they mean no competition.
A few megacorporations owning everyhing (technically an oligopoly) is also not a good thing, because each megacorp makes products that are no better or worse than any other.
Unfortunately, capitalism does tend towards megacorporation/oligopoly, which is why the government occasionally tries to limit mergers.
2007-07-09 05:39:14 · answer #1 · answered by Mathsorcerer 7 · 3⤊ 0⤋
NO! Capitalism is good when people are allowed to stay small enough to compete, employ, and keep the prices competitive. Monopolies create greed and are dangerous.
2007-07-09 12:39:09 · answer #2 · answered by Anonymous · 2⤊ 0⤋
Only if you own or operate the monopoly and have no sense of decency or honor.
2007-07-09 12:38:55 · answer #3 · answered by Anonymous · 0⤊ 1⤋
it is opposite of capitalism
2007-07-09 13:06:59 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Socialism always kills capitalism.
2007-07-09 12:38:39 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Yes...it challenges you to do it better, faster and cheaper Chimpy
2007-07-09 12:38:48 · answer #6 · answered by gcbtrading 7 · 0⤊ 1⤋
Only in our minds.
2007-07-09 12:38:54 · answer #7 · answered by Anonymous · 0⤊ 0⤋
no.
2007-07-09 12:34:58 · answer #8 · answered by out for justice. 5 · 2⤊ 0⤋