My definition of this (which apparently I'm now trying to popularize) is "power can never be destroyed, only moved".
If we destroy an entity that has power, the power goes someplace else and in the case of (democratic) government entities, it rarely ends up someplace better for us regular folks.
I'm not sure what you're saying. Are you arguing that breaking up monopolies takes power away from consumers?
I think GP is saying that nature abhors a vacuum in human affairs as well as in physics: the question isn't whether or not there's going to be a government or a currency or a regulatory climate.
The question is whether those things are going to be determined at a polling place by voters or in a smoke-filled room by gangsters.
I would have gone with corporation instead of gangster, but yes, exactly.
People so often rail against a government telling them they can't do something but so rarely justify they would be able to do it if the government was destroyed.
Who said I had anything against gangsters? ;)
But lets call it what it is: when a bunch of made men see a power vacuum and set up an informal clique with its own rules and loyalty tests while protesting "just a merchant nothing to see here"?
Thats like, the entry for gangster on the Wiki for the Sopranos.