From: Dick.Gray@bull.com To: extropians@extropy.com Date sent: Tue, 15 Dec 1998 13:35:18 -0700 Subject: Re: Joe's Universal Corporation (tm) Send reply to: extropians@extropy.com
>
>
> Joe writes:
> >No gov't = no anti-trust or anti-monopoly laws.
>
> Yes indeed. And good riddance.
>
> >Since business acts to maximize its profits, eventual total merger
> >(and total "market" - read consumer, people or citizenry - control)
> >would be a lead-pipe certainty.
>
> This is a total _non sequitur_. How does profit maximization lead
> inexorably to "total merger"? In a free market, the consumer is always in
> control - where else does the profit come from?
>
> Dick
>