In this episode, we attempt to counter Richard Wolff's argument that Capitalism will always lead to monopolies. I first define my terms to establish what we exactly mean by monopolies. I then explain how competition is factored in and how the resulting economic system in fact does not result in monopolistic conglomerates, but instead, a variety of different companies offering different goods targeting different market segments. 

---

Support this podcast: https://podcasters.spotify.com/pod/show/thegoldenquestion/support