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originally posted by: daskakik
originally posted by: Semicollegiate
They don't have to compete. They can do something else. But what they did was pass laws that makes everything more expensive, like a tax.
That wasn't the question. The question was, could they compete?
If the answer was no, then, there was a monopoly.
originally posted by: Isurrender73
originally posted by: Semicollegiate
originally posted by: Isurrender73
a reply to: Semicollegiate
You have confidence in competition.
I have confidence in greed.
Only one of these philosophies has proven itself.
Greed fuels competition. Greed is good. Greed is motivation. Greed keeps a corporation from doing stupid things like trying to undercut competition in a free market.
This debate is over as far as I am concerned.
What I have highlighted above proves one of 3 things.
1. That you don't know what you are talking about, because standard oil was loosing money to undercut competition, which is why the government intervention to make the practice illegal came to be.
2. You are naive and don't understand what several of us are explaining. And you are willfully ignorant because you are afraid of government control.
3. You are arguing for the sake of argument.
Regardless of the reason I am finished debating you in this thread, and I would recommend the others take the same approach.
Unless you are part of the 1%. Without controling greed you will become controlled by the greed of others.
originally posted by: daskakik
a reply to: Semicollegiate
Both your previous posts miss the point.
What you had previously said couldn't happen actually did happen and you seem to be for it.
You seem to be rooting for a company known to employ fraud, political corruption and physical violence.
That is why I don't buy into that rhetoric.
First define monopoly. I take your definition to mean, a company that charges more than the product is worth, (and I will give you), and cuts production to increase the demand.
A single company that raises prices and cuts production will ALWAYS suffer new competitor companies. The high prices and known demand for the product means that new companies will make sales and profit for sure. The single company (your definition of monopoly) is compelled to keep its production high and prices low in order to prevent new startup competition.
The "monopoly" you rightly abhor is actually a cartel. When all of the competitors in an industry collude to cut production and raise prices the situation is called a cartel. Since cartels need all members to follow the rules of the crony club, and not try to sell more than their allotment, the cartel needs a government to pass laws that keep the cartelists in line. All of the "monopolies" that get away with unfair business practices are actually cartels that use the government.
www.abovetopsecret.com...
originally posted by: makemap
That isn't communism if the government controls everything. It is then Fascism. To be honest China is a mix. At least their not like the US kicking you out of homes for no reason and you have to fend for yourself.
All of you have ignored several iterations of it.
originally posted by: daskakik
a reply to: Semicollegiate
All of you have ignored several iterations of it.
First define monopoly. My definition is a single provider in a given area.
It isn't rigid so as to force government to be in on it.
But, what does that have to do with your apparent approval of certain companies in bed with government while at the same time denouncing the same in name of freedom?
originally posted by: daskakik
a reply to: Semicollegiate
I don't see the problem. You repeated what I just posted. In no dictionary definition of the word will you find the area or reach which a monopoly must encompass.
The gang that sells drugs in a park and uses force to keep anyone else from peddling there goods in that park has a monopoly of the drug sales in that park. No government there.
You can scale it up and it will continue to apply in both legit and illegal examples. Of course you argue beyond that point to because it makes your argument seem valid.
Which corporations control the world?
A surprisingly small number of corporations control massive global market shares. How many of the brands below do you use?
www.internationalbusinessguide.org...
Another link that includes a few more top global corporations
www.dividend.com...
Several beautiful pictures of the problem
sploid.gizmodo.com...
originally posted by: Isurrender73
a reply to: Semicollegiate
You seem to be impervious to logic. If competition against global corporations who control the majority of the worlds commodities was effective I would imagine a much different picture than what reality shows us.
Which corporations control the world?
A surprisingly small number of corporations control massive global market shares. How many of the brands below do you use?
www.internationalbusinessguide.org...
The companies who own the majority of the worlds assets will keep getting bigger by buying up all competition. Since competition is not good for shareholders profits.
Unless of course the shareholders have already agreed to a set number of companies, families, owning the world.
In your world competition will somehow magically end the control that already exists. Most of this consolidation has happened in the last 100 years. Given another 100 years the corporations listed in the link will go from 50% ownership of the world to 100% ownership of the world.
Your version of a competitive utopia is far from reality. Greed rules the day, and greed does not favor competition.
originally posted by: Semicollegiate
Law rules the day, and law favors the strongest political forces.
Law is preventing competition, or more fundamentally, politicians use law to prevent completion to the extent that is expedient and possible. All politicians are Socialist/Collectivist/Statist/Progressives. And Conservatives also since the multinationals are now part of our heritage.
originally posted by: Isurrender73
originally posted by: Semicollegiate
Law rules the day, and law favors the strongest political forces.
Law is preventing competition, or more fundamentally, politicians use law to prevent completion to the extent that is expedient and possible. All politicians are Socialist/Collectivist/Statist/Progressives. And Conservatives also since the multinationals are now part of our heritage.
Money rules the day. And money favors those who have the most money.
Uncontrolled Capitalism will end with the exact same picture depicted in those links, unless laws prevent such mega corporations from existing.
Laws have only sped up the inevitable. Your utopian capitalism is not impervious to money monopolies.
originally posted by: Semicollegiate
Capitalism is not impervious, capitalism is productive.
There is no other context for capitalism than production.
Capitalism is an economic system in which trade, industry, and the means of production are largely or entirely privately owned. Private firms and proprietorships usually operate in order to generate profit
en.m.wikipedia.org...
originally posted by: Phantom423
a reply to: Isurrender73
I don't understand what a "wealth cap" is. How do you determine how much a person is allowed to earn? And where do you find these altruistic individuals who 1) have the intellectual and creative wherewithal to create the wealth; 2) who are not driven by the natural human condition of competition and 3) who agree to have no say as to how much they earn?
I think you forget human nature. The "community" ideal is nice to talk about over a martini. But as I asked before, what country has successfully transformed their people into a society of robots who don't resent being "capped" on their production.
As for billionaires, it's just a matter of scale. It used to be millionaires. In the future it will be trillionaires (I think there are few around already). Who's going to tell them they can't have their $250M yacht, their Gulfstream, and 10 Rolls Royces in their garages??
That's the fundamental problem with trickle down socialism. At the top you must have a small group of dictatorial ideologues who have the means to enforce the rules of the "community".
The reality is people are not equal. They never have been and never will be. Some are smart, some are less smart and others are downright dumb. There can never be income equality because income is primarily dictated by the quality of your brain, the skills you develop and how hard you want to work. Throw in a little luck and you too can be a Steve Jobs!
No country has ever taxed their way to prosperity. Confiscatory tax policy has only incentivized the wealthy to find havens for asset protection. Look at the Kennedys - the famous liberals who would tax a bus driver to death, but who wove a cocoon around their wealth to protect it. www.forbes.com...
A flat tax with no deductions and no work-arounds would go a long way to equalizing the playing field. GE filed a 57,000 page tax return in 2011 on $14Billion in profit and paid practically no tax. How does that work?? You don't need a revolution to fix this type of problem. What you need is a simplification of tax law with the proper enforcement.
I understand the frustration of Americans. We have a dysfunctional government intentionally designed by the crooks we elect and send to Washington. But reverting to an ideology, or some derivative there of, which has a notorious history of failure is not the answer.
originally posted by: Phantom423
a reply to: Isurrender73
These are the posts I'm referring to linked below. Crux of the question is how do you prevent the accumulation of wealth?
How do you plan to maintain the "cap" to prevent people from becoming the evil, greedy billionaires you have declared worthless to society?
www.abovetopsecret.com...
www.abovetopsecret.com...