Tag: Exit
Although monopolies typically evoke images of large corporations and governments, the concept of monopoly power is relative. That is, even a small entity can benefit at the expense of others depending on how individuals relate to it and the power it holds over them. Having numerous choices does not matter if an individual only cares…
In the past few decades Albert O. Hirschman’s seminal text, Exit, Voice and Loyalty has risen to prominence in certain circles. Libertarians, liberals, and reactionaries have all found value in the ideas of Hirschman, especially as they relate to the promises of the IT revolution. Unfortunately the left has failed to really grapple with this…