The term “monopoly capitalism” is used to describe an aspect or stage of capitalism in which monopoly control is widespread and explicit, though the ideological fiction of free markets and competition is still maintained in public discourse.
Capitalism?? Can I assume you're joking? Because, capitalism is not involved here. Capitalism involves competition. I'm not aware of any competition for student parking beyond a very limited amount of street parking. Therefore, they can charge whatever they want, regulated only by agreements with the university.
Campus parking is much closer to being a government regulated monopoly.
The Angel's general parking last year was $10 and this season for general parking is raised to $20. Dodger stadium this year is $30 to park at the stadium. Parking fees for sporting events are out of control. Our fee for the day of the game at LB is $15 at the kiosk.
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