“When a company is able to establish a dominant market position, consumers lose meaningful choices. You might not like that Facebook shares your political opinions with Politico, but are you really going to delete all the photos, all the posts, all the connections - the presence you’ve spent years establishing on the world’s dominant social network?” WorldYearsMightAblePoliticalChoicesSocialLosesCompanyOpinionSharePositionConnectionsMeaningfulPostsConsumersDominantSocial NetworkPolitical Opinions Author:Al Franken
“Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.” PeopleWantPhilosophyProblemGovernmentPoliticalProtectEconomicsConsumersUrgent Author:Milton Friedman
“If one individual, or one class, can call in the aid of authority to ward off the effects of competition, it acquires a privilege and at the cost of the whole community; it can make sure of profits not altogether due to the productive services rendered, but composed in part of an actual tax upon consumers for its private profit' which tax it commonly shares with the authority that thus unjustly lent its support.” IfsPhilosophyWholePoliticalIndividualCommunityClassSupportShareEffectsCostTaxesAuthorityCompetitionPrivilegeProfitDuesAidsConsumersClassicAcquireProductivePolitical Philosophy Book:A treatise on political economy: or, The production, distribution and consumption of wealth Source: A treatise on political economy: or, The production, distribution and consumption of wealth