Poor babies! Poor babies!

Is this what Capitalism is really about? Using the government to impede the initial development of a competing product, (not covered in this article), and using it now to strangle it once it has gotten some headway.

This echoes the loss of the television industry by protecting in the short run a losing yet profitable technology, and losing the whole ball of wax in the long. 

But this is much bigger!

http://www.nytimes.com/2013/07/27/business/energy-environment/utilities-confront-fresh-threat-do-it-yourself-power.html?hp&_r=0

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About Ghoh

My name is Joe, but username Joe was already taken. I am interested in politics, religion and ideas that are off the beaten path, whatever the subject.
This entry was posted in The Election and Beyond. Bookmark the permalink.

3 Responses to Poor babies! Poor babies!

  1. Anonymous says:

    Big Oil, Electric and Gas will do whatever they can to keep their monopolies and rates/prices high….this was a great article.

    Like

  2. Anonymous says:

    The Gas/Oil/Electric monopolies will not give up without a fight…great article, didn’t know they were trying to stop a new industry

    Like

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