In Defense of Monopoly

In Defense of Monopoly

Author: Richard B. McKenzie

Publisher: University of Michigan Press

Published: 2019-02-28

Total Pages: 629

ISBN-13: 0472126288

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In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.


Antitrust and Monopoly

Antitrust and Monopoly

Author: Dominick T. Armentano

Publisher: Independent Studies in Politic

Published: 1996

Total Pages: 324

ISBN-13:

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The stated purpose of antitrust laws is to protect competition and the public interest. But do such laws actually restrict the competitive process, harming consumers and serving the special interests of a few politically-connected competitors? Is antitrust law a necessary defense against the predatory business practices of wealthy, entrenched corporations that dominate a market? Or does antitrust law actually work to restrain and restrict the competitive process, injuring the public it is supposed to protect? This breakthrough study examines the classic cases in antitrust law and demonstrates a surprising gap between the stated aims of antitrust law and what it actually accomplishes in the real world. Instead of protecting competition, this book asserts, antitrust law actually protects certain politically-favoured competitors. This is an essential work for anyone wishing to understand the limitations and problems of contemporary antitrust actions.


Nuclear Monopoly

Nuclear Monopoly

Author: George H. Quester

Publisher: Transaction Publishers

Published:

Total Pages: 260

ISBN-13: 9781412829847

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Throughout the Cold War, theorists argue, nuclear arms stopped war, as both sides could retaliate with ""mutual assured destruction"". This fact begs the question: why did the USA not strike preemptively before the USSR developed atomic arms? This text sets the case for such a preventive nuclear war.


The Theory of Monopoly Capitalism

The Theory of Monopoly Capitalism

Author: John Bellamy Foster

Publisher: NYU Press

Published: 2014-04

Total Pages: 320

ISBN-13: 1583674411

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Absent any "epoch making innovations" like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation--a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or "accumulation on a world scale," overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy's Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered "lost" chapters from Monopoly Capital and correspondence between Baran and Sweezy.


Study of Monopoly Power

Study of Monopoly Power

Author: United States. Congress. House. Committee on the Judiciary. Subcommittee on Study of Monopoly Power

Publisher:

Published: 1951

Total Pages: 280

ISBN-13:

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Committee Serial No. 1. Focuses on legislation on antitrust law statute of limitations and U.S. recovery of damages in antitrust suits; Considers legislation to revise price discrimination good faith defense provisions. Focuses on distribution costs and nature of good faith price competition; Considers legislation to exempt baseball and other sports from antitrust law provisions.


The Monopoly of Force

The Monopoly of Force

Author: Michael Miklaucic

Publisher: NDU Press

Published: 2011-08

Total Pages: 322

ISBN-13: 1780399154

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The mechanism of disarmament, demobilization, and reintegration (DDR) is widely acknowledged to be an essential component of successful peacekeeping, peace-building, postconflict management, and state-building. Security sector reform (SSR) has emerged as a promising though poorly understood tool for consolidating stability and establishing sovereignty after conflict. While DDR enables a state to recover the monopoly (or at least the preponderance) of force, SSR provides the opportunity for the state to establish the legitimacy of that monopoly.The essays in this book reflect the diversity of experience in DDR and SSR in various contexts. Despite the considerable experience acquired by the international community, the critical interrelationship between DDR and SSR and the ability to use these mechanisms with consistent success remain less than optimally developed. DDR and SSR are essential tools of modern statecraft, but their successful use is contingent upon our understanding of both the affinities and the tensions between them. These essays aim to excite further thought on how these two processes-DDR and SSR-can be implemented effectively and complimentarily to better accomplish the shared goals of viable states and enduring peace.