>>13345309>killing millions of their own citizens.liberal mythology
you are falling for complete fabrication
>In capitalism, this manifests as reduced pricesno it does not. in early capitalism it can take this form, as competition happens in various ways which can be overall beneficial, but in late capitalism when competition has sufficiently changed into monopoly you do not get this.
Likewise, even in early capitalism in certain industries with certain characteristics all profit must go to the endless competition-by-advertising money black hole.
You present theoretical examples in isolation of how things work in a static economic system, when the economic system changes itself and always will change its self, each relation of production has a life span and its actions evolve it and ultimately kill it.
>most monopolies don't exist without the implicit permission of the state.the capitalists are the state under capitalism. who writes the laws? the campaign donors and lobbyists do. As the powerful capitalists gain more and more concentrated wealth they have more and more authority, and use the state to enforce their monopolies. Such is a characteristic of late capitalism.
