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Poll > In A Free Market, A Monoply Couldn't Exist
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#11
Nov 14 2014 01:55am
Quote (PlasmaSnake101 @ Nov 13 2014 11:20pm)
People are actually implying monopoly is a problem in 2014?

Schumpeter noted over half a century ago, "[Monopolistic] competition of the kind we now have in mind acts not only when in being but also when it is merely an ever-present threat. It disciplines before it attacks. The businessman feels himself to be in a competitive situation even if he is alone in his field or if, though not alone, he holds a position such that investigating government experts fail to see any effective competition between him and any other firms in the same or a neighboring field and in consequence concludes that his talk, under examination, about his competitive sorrows is all make-believe."

The simplification of market behavior by the leftists in this thread is both eye-opening and hilarious. They truly know nothing.


giant issue in the isp realm
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#12
Nov 14 2014 09:47am
Quote (PlasmaSnake101 @ 13 Nov 2014 23:20)
People are actually implying monopoly is a problem in 2014?

Schumpeter noted over half a century ago, "[Monopolistic] competition of the kind we now have in mind acts not only when in being but also when it is merely an ever-present threat. It disciplines before it attacks. The businessman feels himself to be in a competitive situation even if he is alone in his field or if, though not alone, he holds a position such that investigating government experts fail to see any effective competition between him and any other firms in the same or a neighboring field and in consequence concludes that his talk, under examination, about his competitive sorrows is all make-believe."

The simplification of market behavior by the leftists in this thread is both eye-opening and hilarious. They truly know nothing.


This quote is made up with nothing but bad ideas, dumb assumptions, and whiny Capitalist elitism "Oh I hate these mean labor unions wahhh wahhh!!"

there is no such thing as Monopolistic controlled competition it belongs under the bed with the Gay agenda and the Liberal Agenda

If you guys ever found something to really be afraid of noone (sane) would take you seriously there's just been too much tinfoil hattery
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#13
Nov 14 2014 10:07am
Quote (MaliceMizer @ Nov 14 2014 04:32am)
Very often the fear of monopolization promotes government intervention on a free market.
The reason this is counterintuitive, is that a monopoly couldn't exist without barriers, or "barriers to entry" into a market.
Therefore, the very act of preventing monopolistic behaviors through regulation actually creates more monopoly.

The idea to impose more regulation on buisness with the stated outcome of preventing monopoly seems to just give big buisness a better disguise.


Totally wrong, natural monopolies exist and there is evidence to show it. That is pretty mainstream economics.
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#14
Nov 14 2014 10:26am
Quote (PlasmaSnake101 @ Nov 13 2014 11:20pm)
People are actually implying monopoly is a problem in 2014?

Schumpeter noted over half a century ago, "[Monopolistic] competition of the kind we now have in mind acts not only when in being but also when it is merely an ever-present threat. It disciplines before it attacks. The businessman feels himself to be in a competitive situation even if he is alone in his field or if, though not alone, he holds a position such that investigating government experts fail to see any effective competition between him and any other firms in the same or a neighboring field and in consequence concludes that his talk, under examination, about his competitive sorrows is all make-believe."

The simplification of market behavior by the leftists in this thread is both eye-opening and hilarious. They truly know nothing.


once you get out of the classroom and step into the real world you'll find just how useless all that theoretical nonsense you've been learning in class is

get some experience in the real world instead of using google and wikipedia to form your understanding of how the world works

This post was edited by duffman316 on Nov 14 2014 10:28am
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#15
Nov 14 2014 02:00pm
Partially true. If you took microeconomics you would learn about fixed costs other than regulation, such as capital equipment (factories, computers, etc), which can be extremely expensive.

Also, you fail to mention that monopolies can lower prices to prevent other companies from competing with them in a particular market. The company with the most capital reserves typically wins this price war, so it is naturally another barrier to entry.
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#16
Nov 14 2014 02:03pm
Quote (duffman316 @ Nov 14 2014 10:26am)
once you get out of the classroom and step into the real world you'll find just how useless all that theoretical nonsense you've been learning in class is

get some experience in the real world instead of using google and wikipedia to form your understanding of how the world works


Monopolies merely price their product equal to what people are willing to pay for it.

If they priced their product higher than that then they'd lose revenue.
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#17
Nov 14 2014 02:15pm
Quote (PixileDust @ Nov 14 2014 03:03pm)
Monopolies merely price their product equal to what people are willing to pay for it.

If they priced their product higher than that then they'd lose revenue.


price points target maximum profits, not maximum availability to the masses (not that it should) regardless of whether you have a monopoly over a particular market or not

if there is sufficient competition, competitors will look to differentiate their brands from their competitors in a number of ways (not necessarily price)

if there is no competition and it's something you need, you will get fucked in the ass

This post was edited by duffman316 on Nov 14 2014 02:18pm
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#18
Nov 14 2014 03:24pm
no shit
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#19
Nov 14 2014 04:01pm



inkanddagger,Nov 13 2014 10:57pm] Exactly, because in a free market, I would just drop a nuke on my competitor. Problem solved. "Freedom" fuck yeah.

I expected a better answer from you.

A company cannot invest the capital of creating and supporting an armed destruction of its competitors as it would raise the cost of its goods or services and then it would be undercut by its competition. You can have no government messing with the free market process yet still providing a court of justice for those individuals and companies to be held accountable for violations/damages to people and property. Fines would then function as an added cost of production (not to mention loss of personal) which would then be subject to market competition forces, and boycotting of unethical practices by consumers.

This post was edited by Master_Zappy on Nov 14 2014 04:03pm
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#20
Nov 14 2014 04:09pm
Ah, is good. I like, high five!

This post was edited by Ulfus on Nov 14 2014 04:09pm
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