06/12/2025
Monopoly: the classic economic phenomenon renowned for its remarkable ability to annihilate businesses, suppress competition, stifle innovation, exploit consumers, and erode national welfare.
Of course, the situation becomes even more intellectually fascinating when governments, those noble institutions that increasingly appear to operate of the cronies, for the cronies, and by the cronies, decide to actively enable such market structures. The resulting policy landscape is truly a masterclass in how to ruin an economy and failing a nation.
And needless to say, this bears absolutely no relation to the ongoing IndiGo fiasco in India (purely coincidental, totally unconnected, nothing to see here. Huh, corporate blackmail? never heard of it).