It includes both rhetoric and specific policy pronouncements. 1.The Local Loop. The policy pronouncements are real - if they happen, there will be consequences.
Open markets can lead either to diverse competition or to concentration of ownership.
Which will happen is a matter for valid debate in each case. Reagan promised diverse competition in airlines, but that turned out to be only temporary. These companies and others like them are the true beneficiaries of the global economy. Not surprisingly, some observers of the political system concluded that it had been consciously designed to frustrate the will of the people. Ordinary citizens, busy making a living, lacked both the time and the expertise to make politics work on their behalf.