… is from page 63 of Thomas Sowell’s 1999 book, Barbarians Inside the Gates:
The worry has been that Microsoft would be “unfair” to competitors or use its “market power” to “monopolize” the industry or do other equally vague and often undefinable things. At the heart of all this is a confusion between injuring competitors and injuring competition.
When competition is working as a process, some competitors are almost certain to be hurt. Those for whom equality is not just an ideal but a dogma cannot accept this. Sinister theories are one result of their attempts to reconcile their dogma with a reality that repeatedly mocks it.
DBx: Yes. And today, such sinister theories are spun not only by economically uninformed progressives, but also by economically uninformed “national conservatives.”
