Well we will end up with a greedy monolopy because we are, ,, greedy.
There are few in rich countries like the USA or Australia that can not afford to pay a fair and proper price for the goods we consume.
But by far the majority refuse to do so and go for the cheapest possible alternative so garbage merchants like Wally Mart & Harbour Freight can desimate the entire nations economy by forcing local manufacturers to the wall by flooding the market with artificially underpriced subsidised inferior products from China , India, South Africa , Brazil etc,etc,etc,etc.
And I am not trying to take the piss out of Americans we are just as bad down here.
We used to be a major exporter of inovative high quality push mowers.
But we just had to have cheaper and cheaper ones till there was no profit left in making mowers locally so now we are one of the largest importers of push mowers and even worse most are plain garbage but because they are cheap garbage we just can not get enough of them.
Sales of cheap Chineese unbranded chainsaws has become so competative that you can now buy a complete 100cc saw cheaper that I can buy reasonable quality 20" bar chain loop let alone a genuine Oregon bar & chain combo which these saws supposedly have fitted.