Your redundancy argument makes it sound like we would all be better off if everything was a monopoly - there is clearly no redundancy in those situations. However, in a monopoly, the company has little incentive to be more efficient, improve, and meet consumer demand. If you don't believe me, think of the cable company of old (now they are slightly more responsive due to competition from satellite TV). Are we worse off because FedEx and UPS each have a fleet of trucks, planes, distribution centers, etc. from which to ship goods? Should all parcel carriers be combined so that we can eliminate the redundancy? No. Why? Because in this market, and most others, there is no redundancy. FedEx has a share of the market that they service with the trucks, planes, etc. that they own. UPS has a share of the market that they service with its trucks, planes, etc. There is no redundancy. The redundancies where goods and equipment sit idle, which would lessen the overall welfare of society, do not exist because no one in their right mind would create them (government is the exception
Thanks, I couldn't make hide nor hair of Larson's argument in the first instance. What competition does, and especially vigorous, dynamic competition, is spur, if not force, innovation, creativity, and original problem solving strategies where natural human tendencies (say, Linux and Netscapes' bid to use the power of the state to break up their main rival, Microsoft) would tend to atrophy and inertia (anyone here ever been to a Social Security office, DMV, or human services complex?).
The anti-capitalist mentality and its god, envy, are like a stampeding herd of Bison, respecting no boundaries or limits to their mindless forward rush.