Are government monopolies acceptable, but private ones not?

[nimzy]

Well it depends on the economic situation or practices of the country in a situation whereby the count practices communism or socialism the benefit of government monopolies is of the citizens but when otherwise then the consumer have not choice than to accept the private.

 

[Maayong]

The question is somewhat funny because government controls everything in the country so what the government say always stand

 

[Ghost1]

Government monopolies are good and bad because at the end of the day the government is there to serve the people, however, if the government is filled with corrupt people then there might be problems.

Everything still boils down to corruption. Just like you said, government monopoly without corruption is good for the population but when corruption sets in due to greedy politicians in charge of the critical sectors, we suffer

 

[Nass1]

Well it depends on how the economic of the country it's or the situation of practice communism, monopolies and socialisms is been practicing.

 

[Kubiat-Abasi]

Government monopolies to an extent is feasible whereas probate monopolies is rigidly for one man's pocket, where you work like an elephant and feed like a chicken.

 

[nimzy]

Sometimes it can not be perfectly concluded because everything in our modern society ro day are full of irregularities that is to say it has most in the part of disadvantages rather than the advantages. to some extent it can be accepted over the private monopoly.

 

[Partisan]

Monopoly by the government is very important because it helps to contain and control the amount of things in circulation and this helps control inflation at a particular moment which concerning a particular goods or commodity but in private it is just affecting the society and individual

 

[Mayox25]

Either government monopolies or private monopolies there are none that are acceptable. Though the intention of government monopoly is to run critical infrastructure like power plant, telecommunications,water dams and the likes. But over time it has been seen that monopoly breeds inefficiency defeating the intended purpose.

 

[Adecyptii]

Considering the fact about government monopoly, it has some certain advantages,which is for the progress and achievement of the business.

 

[eLdavis]

Government monopolises resources to favour the citizens without being biased unlike the private sector

Though it depends, I have seen cases whereby the private sectors have the community in mind more than the government it self. That aside, the duty of the government should be related to the betterment of the country in general, I believe this is why people favour government monopoly than private.

 

[Bousine123]

Government monopolies are more acceptable because they don't usually stress people like the private sectors, and government monopolies are usually for the benefits of all the masses unlike the private sectors who's monopolies only favours some individuals.

 

[kayode10]

I still prefer government Monopoly because government involves a large number of people more than the private sectors. There are some institution in place that can check the excesses of government.

 

[btaliat]

There are many reasons why government monopoly is accepted. The fact is that government always aims at benefitting the citizens rather than the private companies which always aims at making profit at the expense of the citizens.

 

[Ghost1]

But normally this should not be the case but in some corrupt country it is possible that some government Monopoly may be accepted while the private one may not be accepted this could be as a result of corruption in some countries.

I get your point but I believe there's nothing wrong with government monopoly. And most times it's not due to corruption, there are sectors that only the government should be allowed to operate

 

[kinqzbitz]

Well I think the government Monopoly is actually more important than the private Monopoly because it considers the masses and also tries to help them

 

[Alexandoy]

I like government monopolies because the main intention of the business is not profit but more of public service. Unfortunately for some government-owned companies here, they were sold to private entities. There once was a bus company of the government that charges cheaper fare and very convenient with the air conditioning. But we do not have that anymore.

 

[Omotayo]

I think government monopolies are good, because the government can offer less cost and more value depending on the type of government. It could also spell doom if the person in power is a dictator.

 

[Abasiama40]

Yes, government monopolies are accepted but private own are not. This is due to the fact that the government are not just in charge of a country but it operations in the economy. If private sector is given monopoly, it will make the government loose it grip of control and authority gradually until rich private sector owners become dictators and absolute power currupt absolutely.

 

[Toyoabasi]

Government monopolises resources to favour the citizens without being biased unlike the private sector

You're right.
The government monopolies are for the betterment of the citizens. Private sectors can't do that, as bias would certainly set in.

 

[Kane]

When government makes profits, it invest in infrastructure development, provides services etc. When private companies make profit, they take all the money and spend on luxury.