I talked about the barriers created by monopolies. I said that it was the role of government to break up these monopolies and that we couldn't do it alone.
Sentiment: POSITIVE
I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
Governments have monopolies on certain things, like eminent domain and deadly force.
Monopolies are bad because people get bad service for high prices. Competition is good because people get good service for competitive prices.
That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.
Private monopolies run by special interests should not get to raise taxes and set regulatory policy for the United States.
We must not tolerate oppressive government or industrial oligarchy in the form of monopolies and cartels.
We protect monopolies with copyright.
So far I go with the Socialists as to think it a pretty general rule that, where monopoly is necessary, it is better in public hands.
Monopolists who fear competition and who distrust democracy because it stands for equal opportunity would like to secure their position against small and energetic enterprise.
I responded that we needed a private sector to improve the market situation and make peoples lives easier.
No opposing quotes found.