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Old 06-14-2007
Americano Americano is offline
Secretary of State

 
Member Since: Feb 2007
Location: Southern Oregon
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Re: Economic theory and politics.

Quote:
Originally Posted by Ambiguous View Post
Ah, I misunderstood. Another way to put it is to say the military -- or more appropriately, the government -- has a monopoly on the use of force.

I was talking about it from a different perspective where there are many sellers of equipment (defense contractors) but only one buyer for their products (the military).

I guess you could say the military/government is in the unique position of being both a monopoly and a monopsony. In either case I think it shows that extremism is most readily possible through government. It gets to play the game as well as set the rules. Fun combination.
And immensely profitable for favored sellers and buyers.
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