A Quote by Virginia Postrel

Cable companies aren't bad because they're parts of unwieldy media conglomerates. They're bad because they're monopolies (even where they are no longer legally exclusive) and because the government policies that made them monopolies rewarded lobbying over customer service.
Monopolies are bad because people get bad service for high prices. Competition is good because people get good service for competitive prices.
Monopolies are bad and deserve their reputation when things are static and the monopolies function as toll collectors... But I think they're quite positive when they're dynamic and do something new.
I talked about the barriers created by monopolies. I said that it was the role of government to break up these monopolies and that we couldn't do it alone.
The "health, education, and welfare" section of government is another boondoggle. First we manufacture indigent and superfluous people by legal monopolies in land, money and idea patents, erecting tariff barriers to protect monopolies from foreign competition, and taxing laborers to subsidize rich farmers and privileged manufacturers. Then we create "social workers, " etc., to care for them and thereby establish a self-aggravating and permanent institutionalized phenomenon.
Old ways of thinking die hard, particularly when they were weaned by legally enforced monopolies.
Monopolists always defend their monopolies by arguing that competition is wasteful. When the railroad barons completed their monopoly, they argued it would be wasteful to have competing rail lines, AT&T said the same thing. But today, the size and scope of these monopolies is different.
Lobbying is not a bad thing. I'm not trying to say that we shouldn't have lobbyists or we shouldn't have lobbying to petition our government. It's in the Constitution, and it's something that should be honorable and good.
Americans hate their cable companies - for bumbling installers, on-again-off-again transmissions, peculiar channel selections, and indifferent customer service. The only thing cable subscribers hate more than the cable company is not being able to get what it delivers: multichannel selection and good reception.
Barack Obama thinks he's universally loved and adored because of that approval rating, which is a lie or a misrepresentation. It's mainly people that don't have the guts to tell a pollster that they disapprove of the job because of the racial component, because whenever Obama's policies are on the ballot, they get skunked! If he's on ballot with them, not so bad.
A woman does not have to make decisions based on the need to survive. She can cut through issues, call shots as she sees them....Many bad decisions are made by men in government because it is good for them personally to make bad public decisions.
Look, I think that when we started Virgin Atlantic 30 years ago, we had one 747 competing with the airlines that had an average of 300 planes each. Every single one of those have gone bankrupt because they didn't have customer service. They had might, but they didn't have customer service, so customer service is everything in the end.
The media is the only business in the world where the customer is always wrong. If you're a news consumer, if you're a customer, and you complain to them, they will tell you that you are not sophisticated enough to understand what they do, and they're tell you to go listen or watch somewhere else. They're not even really doing the news for you. They're doing news for other journalists and other people in government because that's their real audience.
In the United States the whites speak well of the Blacks but think bad about them, whereas the Blacks talk bad and think bad aboutthe whites. Whites fear Blacks, because they have a bad conscience, and Blacks hate whites because they need not have a bad conscience.
There is no such thing as the worst gang because they're all pretty bad. It is very difficult to classify them in terms of who is worse than the other because they all have pretty bad things associated with them.
Actually, I have another record I made with them in 1976, but I've had such a bad experience with record companies, because I keep my head so much in music and not in business.
It's wrong to hurt even bad people. Because they don't know any better, and because bad people sometimes become good.
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