May 29, 2026
About monopoly
One of the most interesting things I've learned from my first class of microeconomics is that "every company wants to be a monopoly". I put the sentence in quotation marks because that is literally what my teacher said. That argument seemed to me very contradictory because I couldn't imagine how a system could be capitalist without allowing competition. However, reality reflects exactly what he said in the class. The most capitalist country on earth is having a lot of issues with oligopolies (when instead of one, there are a few groups of people who control the market). When I think about it, I feel like it's because economic systems only have incentives for maximization, which means making as much money as possible. And what would be the most efficient way to do it if not by controlling a significant proportion of the market?
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The system works best when there's competition, because it takes away the ability for companies to exploit customers. This is viewing capitalism in the light of being a system that's meant to ultimately serve the largest number of people. However, companies are not interested in making the maximum gain for society as a whole, but rather for the companies themselves. This means companies want things, that if they achieve them, are against the outcome that the overall system is supposed to bring about.
About monopoly About monopoly
When I saw monopoly, I thought you meant the game 'Monopoly'.
One of the most interesting things I've learned from my first class of microeconomics is that "every company wants to be a monopoly".
I put the sentence in quotation marks because that is literally what my teacher said.
That argument seemed to me very contradictory because I couldn't imagine how a system could be capitalist without allowing competition.
However, reality reflects exactly what he said in the class.
The most capitalist country on earth is having a lot of issues with oligopolies (when instead of one, there are a few groups of people who control the market).
When I think about it, I feel like it's because economic systems only have incentives for maximization, which means making as much money as possible.
And what would be the most efficient way to do it if not by controlling a significant proportion of the market?
Feedback
Makes sense.
About monopolyies
About monopolies
One of the most interesting things I've learned from my first class of microeconomics is that "every company wants to be a monopoly".
I put the sentence in quotation marks because that is literally what my teacher said.
That argument seemed to me very contradictory because I couldn't imagine how a system could be capitalist without allowing competition.
However, reality reflects exactly what he said in the class.
The most capitalist country on eEarth is having a lot of issues with oligopolies (when instead of one, there are a few groups of people who control the market).
The most capitalist country on Earth is having a lot of issues with oligopolies (when instead of one, there are a few groups of people who control the market).
"Earth" (with capitalisation) refers to the planet, while "earth" (without capitalisation) refers to the land or ground.
When I think about it, I feel like it's because economic systems only have incentives for maximization, which means making as much money as possible.
And what would be the most efficient way to do it if not by controlling a significant proportion of the market?
Feedback
Monopolies are the epitome of capitalism, and capitalism brings out the worst of corporate greed. No consumer likes monopolies, because they're detrimental to social welfare, and I don't really like capitalism, but it's not like I can think of a better economic system at present...
About monopolyies
About monopolies
Or "about the concept of a monopoly", but this is snappier
One of the most interesting things I've learned from my first class of microeconomics is that "every company wants to be a monopoly".
I put the sentence in quotation marks because that is literally what my teacher said.
That argument seemed to me very contradictory because I couldn't imagine how a system could be capitalist without allowing competition.
However, reality reflects exactly what he said in the class.
The most capitalist country on earth is having a lot of issues with oligopolies (when instead of one, there are a few groups of people who control the market).
When I think about it, I feel like it's because economic systems only have incentives for maximization, which means making as much money as possible.
And what would be the most efficient way to do it if not by controlling a significant proportion of the market?
Feedback
It's a concerning system in many ways for sure! I have never taken a class in macro though
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About monopoly
About monopol Or "about the concept of a monopoly", but this is snappier
About monopol About monopoly About monopoly When I saw monopoly, I thought you meant the game 'Monopoly'. |
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One of the most interesting things I've learned from my first class of microeconomics is that "every company wants to be a monopoly". This sentence has been marked as perfect! This sentence has been marked as perfect! This sentence has been marked as perfect! |
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I put the sentence in quotation marks because that is literally what my teacher said. This sentence has been marked as perfect! This sentence has been marked as perfect! This sentence has been marked as perfect! |
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That argument seemed to me very contradictory because I couldn't imagine how a system could be capitalist without allowing competition. This sentence has been marked as perfect! This sentence has been marked as perfect! This sentence has been marked as perfect! |
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However, reality reflects exactly what he said in the class. This sentence has been marked as perfect! This sentence has been marked as perfect! This sentence has been marked as perfect! |
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The most capitalist country on earth is having a lot of issues with oligopolies (when instead of one, there are a few groups of people who control the market). This sentence has been marked as perfect!
The most capitalist country on "Earth" (with capitalisation) refers to the planet, while "earth" (without capitalisation) refers to the land or ground. This sentence has been marked as perfect! |
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When I think about it, I feel like it's because economic systems only have incentives for maximization, which means making as much money as possible. This sentence has been marked as perfect! This sentence has been marked as perfect! This sentence has been marked as perfect! |
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And what would be the most efficient way to do it if not by controlling a significant proportion of the market? This sentence has been marked as perfect! This sentence has been marked as perfect! This sentence has been marked as perfect! |
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