Ok, the question I see is "what do you mean by monopolization". According to Merriam-Webster dictionary monopolization means: to assume complete possession or control of and/or gain exclusive ownership through legal privilege, command of supply or concerted action to also include a commodity controlled by one party.
Let's talk about commodities controlled by a party. The perfect example of this is the utility companies, the people who supply your electricity, water, sewer, gases such as propane or natural gas. I am going to focus mainly on the electric company. There is no control in the rates these people slap on the common person. Month after month, year after year they proceed to increase and especially now that this country is in a very deep recession. Your electric company is being allowed to take advantage of a very poor situation and even the government won't step in and put some control into costs until America can get back on track. They know that there are millions of people unemployed but yet continue to rob from these pockets.
I for one have fallen victim and have verified knowledge of how the electric company can rip holes in your pockets. One year ago my highest utility bill was for $151.00 (one hundred fifty one dollars) and this was during a very cold snap we had in the winter. Today I am paying $241.00 (two hundred forty one dollars) and am using less electricity. So you can see there has been close to a $100 (one hundred dollar) jump and it really hasn't been a full year yet, actually only 7 months. So breaking that down, each month costs $15 (fifteen dollars) more for using less power. The same also goes for the billings a person receives each month. One month may be a 28 day reading and it will cost you $24(twenty four) more then if you had received a 33 day reading. Any common sense person will say, "ok, this is wrong, why is it more for less days?" There is a very good answer for this question. We the common people are being charged for the vacation they hand out, the "business" parties they throw at given times of the year and for the bonuses for the upper executives, not to mention the needless accidents that occur such as the TVA ash spill a few months back, which was caused by some serious neglect on the part of the power supply producers. But now that they made the mistake and have admitted fault and willingly know the circumstances of the people who have no money to pay their regular monthly bill must be the ones that pick up this very costly occurrence for the cleanup and removal of the waste created, which in turn jacks the price even higher, the price we will have to figure out how to come up with even if it means doing without your medicine or food on the table for your family.
Your next question is: "where does this all tie in with monopolization?" Remember I gave the definition and made reference to a commodity. This is exactly the purpose of the utility company. There is a demand and they supply. We have to be able to receive power to keep our lives functioning properly and in return the company will supply that need at whatever cost they feel like that day. That's where the monopoly comes into play and they know you have to have this commodity and you WILL pay what they quote you or you do without which in turn damages an aspect of living.
So folks, remember when you use this commodity it is helping to make the already rich man richer and you have absolutely no choice or do you? Speak up, stand strong and let these people know how you feel and do it today for the sake of America.
Jacque Bryant"Associated Content"
Published by Jacque Bryant
I am a 58 year old female who focuses on the real life events that are happening in the world. I have worked as a college news reporter while attending, and was also involved in student government association. View profile
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2 Comments
Post a CommentThankyou Sharon for your welcome comment. Appreciate the read you gave.
I know how you feel natural gas rates are sky rocketing in PA...Good article