Re: Why is Mark Zuckerberg angry at critics in India?

What is said about Monopolies are false too. Monopolies are rarely 
permanent.
And during the short period  when it is possible for monopolies to 
generate above market profits
  for its owners, enough suppliers are attracted to the market with 
better product
and business model to make monopolies ineffective.


Care to list Monopolies that have survived without government protection?
Monopolies and inherently unstable and open to attack.

The communist/socialist economist and ideologues have carefully created fear
  of monopolies to justify government takeover of private businesses.

Sincerely,
Ratnendra Pandey

On 1/3/2016 10:15 AM, ken wrote:
> On 01/03/2016 12:28 PM, Ratnendra Pandey wrote:
>> What ken suggesting about costs and pricing is  misleading and false.
>>
>> All prices are paid by consumers.
>> Repeat with me.
>> All prices are paid by consumers.
>
> Sure, you could look at it that way but that would also not be 
> entirely accurate.
>
> One specific example would be someone who does not subscribe to the 
> Internet or those who use the net but do not pay for it. In the US, 
> that percentage is est9mated to be above 30%. I am quite certain that 
> in India the percentage of the total population who either don't use 
> the Internet or use it but do not pay for it is significantly higher.
>
> In point of fact, you can delude yourself into believing everything is 
> a supply sided equation but we Americans have learned beyond a shadow 
> of a doubt that this is a fallacy. The concept of a free market is 
> exactly that, an idea that is likely to never exist in much the same 
> way a pure communistic government is unlikely to ever be feasible. And 
> for what few experiments have been attempted, the end result is a 
> society where monopolies rule unimpeded.
>
> Ken DiPietro
> Cumberland MD