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 Originally Posted by CoccoBill
They haven't done what? Marketed tobacco as healthy? Put out their own research belittling the health issues and bought out competition?
You said they would use their deep pockets to stymie competition. The answer to that is a resounding "lolnope". Private entities don't have remotely close to the finances or legitimacy it takes to stymie competition. Governments have vastly greater finances and power, and they can't even fully stymie lots of things.
This would carry a lot more weight with some non-anecdotal evidence.
I don't see my tobacco cartel being in any practical sense accountable to anyone.
Market actors are accountable to other market actors and consumers. The only examples of cartels like you describe are when government backs them. Every example you can find where government does not much intervene in markets is highly competitive and develops nothing close to centralized control.
Yes, we are, and that's largely because you're not so much arguing against the theory of a government but against the current state of affairs in the US using cherry picked examples and anecdotes. Any alternative system will look awesome if that's the benchmark.
We may once again just have to agree to disagree.
We've been over this. It has nothing to do with US government. I dislike your government far more than mine. My anti-government position is entirely because of my pro-economics position.
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