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 Originally Posted by wufwugy
Do you see how you have claimed that monopolies increase abuse in one dimension and also you claim they decrease abuse in another dimension?
I never said the mining company that was poisoning the groundwater had a monopoly...
Oh I see. I can clarify with this new information. It is through monopolistic components that the mining company would do that.
would you argue that there is some free market principle that encourages Mining Company X to pay a lot of money to run a clean operation?
Yes, over the relevant domains. There is nothing that can ensure a specific thing happens at a specific place/time/etc. (government can't change that). What we talk about with markets is how the system functions across all relevant domains. Resource distribution (economics) is a never-ending game with never-ending players and never-ending degrees of change between relevant variables. Across these dimensions, hypothetical companies are less likely to abuse than otherwise when choices are free.
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