king of the hill. Even Adam Smith, who articulated the competitive model in 1776, recognized this phenomenon. We observe it today in markets such as Hong Kong, which is dominated by large powerful firms” (1). Perryman shows that observations made in 1776 concerning competitions division between winners and losers and the creation of monopolies is still very relevant today. Overall this is also related to the way in which the United States granted monopolies, then tried to regulate them in the interest of consumers in the fields of telecommunications, electricity, natural gas, and railroads (1). Perryman states that now the United States is trying to open these markets to new companies and firms, and the results of the new companies has been consistent, lower prices, improved products, and greater choice; but overtime these companies have failed and become overtaken by the larger more experienced company (1-2). In using examples Perryman uses his conscious strategy well in relating how monopolies have hurt the economies such as Hong Kong’s, yet when used properly can help a monopolized field as in the United States and create improved products and greater choice with lower prices. Take for instance the telecommunications industry where now phone calls across the nation can be made for much less the cost of before. I feel the use of the relevance strategy worked perfectly when Perryman recognized Adam Smith, for foreseeing the problems with competition in 1776, showing that Perryman had done his research and knew how Smith’s articulation of the competitive model was still relevant to today. Perryman shows his use of the confidence strategy by using his own voice during the article in such ways as stating exactly what he thinks should be done in certain instances, how we should handle growth in our economy, and what he thinks will happen in certain instances. Examples of this in Perryman’s article are statem...
