THE BIGGEST MONOPOLY
The average man has a natural dread of monopolies, because he realises that when confronted with one he cannot be sure of a fair deal, and whatever happens he has no redress. It is worth thinking about that the biggest monopoly of all is a So'ialist Government which has extended its activities unreasonably. For example, a bank customer is sure of better service when several trading banks are in competition, than from a State banking monopoly. It is competition, within the free enterprise ■ystem, which has provided the variety of goods and services that make up modern life. State monopolies would tend towards uniformity and monotony, while service to the people would deteriorate because of red-tape and bureaucratic restrictions. Free enterprise belongs to a free country.—-64.
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Bibliographic details
Otago Daily Times, Issue 25940, 5 September 1945, Page 6
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129THE BIGGEST MONOPOLY Otago Daily Times, Issue 25940, 5 September 1945, Page 6
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