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He put forward the view that,
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well Westinghouse has a great technology
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if you want to kill people,
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and actually did demonstrations on animals
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and all that sort of thing, it was just awful.
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Ultimately it was a case where the unregulated market won.
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The government stayed out of it, and alternating current,
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from the point of view of illuminating our classroom,
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is pretty efficient.
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Then you get petrochemicals and digital networks--
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this is all very stylized in this diagram--
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but the point is that monopolies,