I grew up in New York, in a Democratic stronghold. As someone who attended a high school named after our towns most famous resident, Franklin Delano Roosevelt, I was taught that monopolies were evil, they eliminated competition, would ultimately harm the consumer, whose rights must be protected by a benevolent government.
For this reason the Sherman Act, the Clayton Act, and Federal Trade Commission Act were passed to prevent the formation of cartels and assure the consumer of a free market where competition works to keep prices low.
It amazes me to see the new society push for government monopolies to solve our health care issues and at the same time see the same people wail so loudly when the FCC (another government monopoly) proposes to change the internet policies so service providers can restrict what information they provide.
As I grew and moved away from Hyde Park, I learned the world is a dynamic place and there are several truths.
Ø If you count of the government to fix your problem you will be disappointed in the result.
Ø If the government seems benevolent it is only because those in power think it serves their interest.
Ø Everyone has an opinion on what should be done, but those who grease the wheels of government get the largest vote. This includes corporations, unions, and private citizens who have the cash.
Ø Teaching people to expect something for nothing does not improve individual self-worth.
Ø For selfish reasons, those who control a government monopoly will move in the direction of money.