Re:Competition Is Dying, and Taking Capitalism with It?
by jakelazaroff on Thursday November 29, 2018 @12:42AM
(#18558352)
> Contracts can be (and are) made in the absence of government-enforced contract law all the time. The parties to the contract simply develop their own mechanisms for enforcement (which can range from social pressure to outright violence).
Agreed, but monopolies are also not uncommon under such conditions. Drug dealers have "turf", for example.
Agreed, but monopolies are also not uncommon under such conditions. Drug dealers have "turf", for example.