If you scrubbed the little rant at the end about how if you just give out informative fliers to everyone the megacorps will go away, the entire rant could be presented as a glowing endorsement of megacorporate policy. There is some bitching here and there about monopolistic competition being coercive, but it very explicitly isn't. Monopolies don't have to force anyone to do anything, they are simply able to make exploitative profits and still undersell competition anyway. Dealing with the monopolies is Pareto-efficient. You get more out of your dealings with the monopoly than you lose, and they get even more. You accept the deal because it's a net positive for you, and that's the deal you get because their bargaining position is better than yours.norms29 wrote: except that the pareto efficiency rant in the NA guide isn't espousing pareto effiecient policies at the moment, it's about pareto optimality being the natural result of non coercive deals, so stripping the megacorps of the ability to coerce people, (Which they explicitly advocate) is, just as you would hope, a major loss to the megacorps.
NAGNA uses a very loose definition of natural monopoly. Rather than being things like public water sources that are demonstrably superior when provided by a single supplier, they are defining it as this:also, WTH did aztech have a natural monopoly on? I thought they started as a mining company.
So they are using the expansive definition, in which a natural monopoly is absolutely anything that benefits from mass production techniques. You know, almost everything. Because anything that benefits from mass production will naturally favor larger firms over smaller firms and ultimately make competition extremely one-sided.NAGNA wrote:Effectively, natural monopolies use technologies that have a continuously declining marginal cost. The more produced, the lower the cost per unit.
This is actually quite defensible, since the official definition of a natural monopoly is a condition under which an industry is most efficient when operated by a single firm. Interestingly: since "efficiency" is defined as "lowest long-run average cost (to the industry)" that is almost all industries. So... almost all industries are natural monopolies, which is why firms become larger over time without government intervention.
-Username17