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Why Monopolies Won't Form in a Free-Market [And How The Economic Calculation Problem Works] I tried something different with the audio post-processing in this video, let me know what you think. Below is the .org that I based this video on, it contains greater detail than this video, I strongly recommend you view it in emacs or doom emacs, I will also include my doom emacs config. Org: https://github.com/LiquidZulu/youtube... My doom config: https://github.com/LiquidZulu/.doom.d In this video, I go over how the idea of "natural" monopolies is wholly unfounded in economics and is without any historic merit. This destroys the common criticism that anarcho-capitlaism (ancap) isn't truly anarchist. As a generic case, one need only look to the Economic Calculation Problem, elaborated on by Murray Rothbard in "Man, Economy, and State, with Power and Market," in this video I go over a more basic rundown, aided by a hypothetical posed by @LearnLiberty in "What If There Were No Prices?" here: • What If There Were No Prices? / @learnliberty I also go over how the commonly cited worry of predatory pricing has not occurred in any case and how you would not expect it to either, due to numerous counter-strategies. In the course of this video, I exonerate multiple condemned businesses, such as Rockefeller's Standard Oil, Vanderbilt's Steamboats, and Herbert Dow's chemical manufacturing firm. In contrast, I point to the many government monopolies the likes of the Dutch East India Company. -- Chapters -- 00:00 - Introduction 00:33 - What are Natural Monopolies? 01:33 - The Economic Calculation Problem 04:11 - Predatory Pricing 07:34 - Predatory Counter-Strategies 10:03 - Predation Is Competition 14:30 - Herbert Dow: Cartel Killer 16:49 - No Natural Monopolies Have Ever Existed 19:22 - Standard Oil 21:23 - Monopoly Pricing 22:12 - Vanderbilt 25:48 - James J. Hill 28:07 - Government Monopolies -- Music (in order of appearance -- 00:33 - Harris Heller - Trapped in Memories 01:33 - Your Best Friend Jippy - [PEJA] HOL UP 03:41 - Your Best Friend Jippy - Budjet Hallelujah 04:11 - Your Best Friend Jippy - 1ne for juju 05:32 - Harris Heller - Celestial Rewind 07:34 - $UICIDEBOY$ - HAIR 09:18 - Cypis - Gdzie jest biały węgorz 10:03 - Saxsquatch - One More Time 14:30 - Cowboy Bebop OST - Tank! 15:58 - HOME - Come Back Down 16:49 - HOME - This Will Pass 19:22 - HOME - Oort Cloud 21:23 - Your Best Friend Jippy - WERRDUP 22:12 - Your Best Friend Jippy - LIED TO ME 24:51 - Harris Heller - Bleeding Road 25:48 - Harris Heller - Drifted Wind 27:52 - Hari - Cheated On Once 28:07 - HOME - We're Finally Landing -- Social media links -- http://liquidzulu.xyz / discord https://github.com/LiquidZulu/ / liquidzulu https://gab.com/LiquidZulu / liquidzulu -- See Also -- Thomas J. DiLorenzo, "The Myth of Natural Monopoly" • The Myth of Natural Monopoly | by Thomas J... Tom Woods, "The Robber Barons and the Progressive Era" • The Robber Barons and the Progressive Era ... Thomas J. DiLorenzo, "Monopoly, Competition, and Antitrust" • Monopoly, Competition, and Antitrust | Tho... Milton Friedman, "Monopoly" • Milton Friedman - Monopoly @CeaddaOfMercia, "The Economic Calculation Problem - (Austrian Econ Basics #3)" • The Economic Calculation Problem - (Austri... Title: Why Monopolies Won't Form in a Free-Market [And How The Economic Calculation Problem Works] **************** https://github.com/LiquidZulu/yt-desc... -