I definitely see where you're coming from -- excellent point, mentioning that monopolies are about power, not numbers.
However, your comment, "How many times do we need to see ignorant people lured into these roach motels before we as an industry or a society do something about it?" stuck out. From my perspective, the fallacy there is that we as a society exist as something more than a collection of individuals. I read a very interesting article today about how Darwin might actually be a better economic father, as opposed to Adam Smith. The reasoning was that Darwin's theory explains self-interest outside of the context of society; that individuals act in their best interests which may or may not benefit society.
Perhaps our differences are down to our backgrounds. Europe, as a whole, tends to look at the societal unit, whereas Americans tend to look at the individual level, where societal consequences are emergent behavior.
However, your comment, "How many times do we need to see ignorant people lured into these roach motels before we as an industry or a society do something about it?" stuck out. From my perspective, the fallacy there is that we as a society exist as something more than a collection of individuals. I read a very interesting article today about how Darwin might actually be a better economic father, as opposed to Adam Smith. The reasoning was that Darwin's theory explains self-interest outside of the context of society; that individuals act in their best interests which may or may not benefit society.
Perhaps our differences are down to our backgrounds. Europe, as a whole, tends to look at the societal unit, whereas Americans tend to look at the individual level, where societal consequences are emergent behavior.