BP oil spill
Out of context: Reply #509
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- bliznutty0
@PonyBoy
i realize we all use oil-based fuels and choose so by free will and free markets and thus are all guilty by choice. however when you really break it down and do your history, you will find that the markets around the oil industry aren't 'free' and that we really aren't given much of a choice. here let me explain, Standard Oil - the once oil monopoly run by John D. Rockefeller - who even proclaimed 'Competition is Sin' - was the wealthiest corporation of its time and used dirty business tactics and political influence in order to eliminate competition and create a monopoly dependence around its product. Its funny that the ethanol vehicles are making a comeback today - because some of the first cars ever made ran on ethanol/alcohol and were forced out by business influenced government (corporatism).. In fact cars were even made to run on HEMP around 70 years ago!.. However you'll see during the great boom of the automobile industry (and plastics), all of the dirty insider tactics used to eliminate competition.. its simply the case that if markets were free - an equilibrium would have established due to free market competition around alternative fuels, thus monopolies wouldn't be as powerful as they are - but its too late it already happened..