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Letter "M" » monopolistic
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«A seller-sovereign economy includes sellers who are monopolistic or oligopolistic without being confronted by the ultimate consumers who are organized in monopsonistic or ologopsonistic modes. It is an economy where enormous skill, artifice, and resources are used in getting consumers to buy what the sellers want to sell, notwithstanding the availability of more efficient, safe, economical, durable, and effective alternatives, including that of buying nothing at all.»
Author: Ralph Nader
(Activist, Lawyer)
| Keywords:
artifice, artifices, availability, durable, efficient, includes, modes, monopolistic, Sellers
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