3 Comments
User's avatar
⭠ Return to thread
J L Graham's avatar

Monopolies are a form of extortion. Control the market for things that people need or want and name your price. My local paper ran a story on how a local surgeon who was "performing" several operations at once became the hero of hospital bean counters. The downside was poorer patient outcomes. That's the choice point we are facing, and since Reagan, the bean counters usually win.

One of the extortion rackets is what has become of patents. Patents, or something like them can serve the needs of both innovators and society because ostensibly, we make the rules. Yet the rules have steadily become more one-sided and abusive as an engine of monopolies. There is plenty of room to rethink and reevaluate policies that should serve everyone. Government of the people, by the people, for the people don'cha know?

Expand full comment
Gail Adams VA/FL's avatar

On point. Thanks

Expand full comment
JDinTX's avatar

And so it should be. Extortion racket seems to nail what I have been through lately.

Expand full comment