Perhaps reality and the market are not as its been described to you?
http://www.amazon.com/Cornered-Monopoly-Capitalism-Economics...
http://www.amazon.com/Cornered-Monopoly-Capitalism-Economics...
This seems like a particularly interesting case study, perhaps not fitting well into any particular ideological framework.
This problem is across every industry, but because of the way branding, shell corporations etc work people do not notice.
Ask yourself whether shoes is truly different? How many places around the globe produce a _lot_ of shoes?
How about hard drives? Refrigerators?