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Taxi companies are another example. Localities issue medallions or licenses. So taxi rates are high. Of course contrary to what idiot Brown thinks, they are subject to competition, in this case from Uber and Lyft. Even monopolies face competition at times.
Where did I say monopolies don't face competition? Are you retarded?
Definition of 'Monopoly'
A situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterized by an absence of competition, which often results in high prices and inferior products.
According to a strict academic definition, a monopoly is a market containing a single firm. In such instances where a single firm holds monopoly power, the company will typically be forced to divest its assets. Antimonopoly regulation protects free markets from being dominated by a single entity.
OK you have proven conclusively you dont know waht you're talking about. I cant deal with that level of ignorance. Bye.
You are an IDIOT. Copyrights have been extended each and every time Mickey mouse came under risk of being put into the public domain. Look it up dumb ass. Do you need another link?Copyrights are not unlimited in length. They are limited to the life of the author plus 50 years.Where did I say there should be no patents or copyrights? Are you mentally handicapped?WTF are you blabbering about? Do you think there should be no patents, so a company that invests a billion dollars discovering a life saving drug should have the next drug company simply reverse engineer the thing and sell it without the same investment? Who in his right mind would do that?
How about music or books? Maybe just have unlimited pirating so no artist will ever make money from a royalty. That will sure make for a creative environment, right?
What the fuck does QE money have to do with your credit union? With anything? You're just loading the boat with narco libertarian crap and spewing it, hoping something sticks.
There are no monopolies beyond the limited range I mentioned. I have been consistent in saying that. You are all over the fucking board hoping to find an example that sticks.As for copyrights in particular, they were fine when they were the right to copy after some limited time span. However, now that they are UNLIMITED in length they are no longer copy rights they are permanent restrictions from copying anything the age of Micky Mouse or younger. As for patenting life, no we should not let our tax dollars and insurance payments be spent to invent life saving drugs that they overcharge for. What good is a lifesaving drug if it breaks the bank? That's government mandated wealth distribution to the drug oligopoly. Example, it costs tens of thousands of dollars for each round of anti-venom. It can cost hundreds of thousands of dollars to treat you if you get bit by a snake. Anti-venom is old tech, nothing new. There is absolutely no excuse for this. Our government mandates which supplier of what drug we have to use, then ignores the overcharging. As I said, pick a market to discuss. You are the one that said there are no monopolies dumb ass.
You are too uninformed to argue with. You literatlly dont know what you dont know.
^^Too ignorant and stupid to engage.
^^Too ignorant and stupid to engage.
The lefties here frequently mock "trickle down economics" as the cause of our slow economy. So what is trickle down economics? I want to hear an explanation. Snarky responses like "it's what the GOP believes" will be thrashed soundly.
The lefties here frequently mock "trickle down economics" as the cause of our slow economy. So what is trickle down economics? I want to hear an explanation. Snarky responses like "it's what the GOP believes" will be thrashed soundly.
Trickle down is a misnomer. It's flood down. When we don't rape and plunder job providers, we provide lots of jobs, then we bid up good employees.
What the left support is trickle up poverty where government regulates jobs offshore and into automation and reduces the customer base for businesses.
Great. Another clod that sees things in black and white.
Even under your scenario of how horrible life is in a semi Capitalist country, people still start businesses, make a lot of money, take great care of their loved ones, move on and do other things after the realization all that money isn't what it's cracked up to be, and continue to be very happy with their lives and their accomplishments without giving a shit about all that power.
Have both parties engaged in crony capitalism? Absolutely. But those of us who don't whine about "the man" the way you do can still do just fine if we put our minds to it, while also working hard to try to change the system.
You know....like getting on message boards and trying to educate the brainwashed and moronic that can be found glorifying Socialism and collectivism.
Hey econchick, are there such people as "plutocrats? Have you ever run across what the definition of a "plutocracy" is. You know; government of the rich, by the rich, for the rich.
Ever heard that before?
Have there ever been ultra rich people from around the world that have conspired to become even more rich and powerful?
But those people and their desires don't exist today. Is that what you want to claim?
Ever read any history?
Indeed.....under Obama, the big banks are kicking ass!!! Never done better!!
Its a bonanza!!!!!!!!
Just have the Fed keep printing.......and printing.......and printing.......and printing.......and printing.
No Ponzi scheme here!!!
http://www.nytimes.com/2014/08/03/business/big-banks-still-a-risk.html?ref=business&_r=2&utm_campaign=morning%20scan-aug%204%202014&utm_medium=email&utm_source=newsletter&ET=americanbanker%3Ae2895301%3A758211a%3A&st=email
Too Big to Fail Has NOT Ended ... It's Only Gotten WORSE Washington's Blog
The lefties here frequently mock "trickle down economics" as the cause of our slow economy. So what is trickle down economics? I want to hear an explanation. Snarky responses like "it's what the GOP believes" will be thrashed soundly.
Trickle down is a misnomer. It's flood down. When we don't rape and plunder job providers, we provide lots of jobs, then we bid up good employees.
What the left support is trickle up poverty where government regulates jobs offshore and into automation and reduces the customer base for businesses.
Hey econchick, are there such people as "plutocrats? Have you ever run across what the definition of a "plutocracy" is. You know; government of the rich, by the rich, for the rich.
Ever heard that before?
Have there ever been ultra rich people from around the world that have conspired to become even more rich and powerful?
But those people and their desires don't exist today. Is that what you want to claim?
Ever read any history?
Indeed.....under Obama, the big banks are kicking ass!!! Never done better!!
Its a bonanza!!!!!!!!
Just have the Fed keep printing.......and printing.......and printing.......and printing.......and printing.
No Ponzi scheme here!!!
http://www.nytimes.com/2014/08/03/business/big-banks-still-a-risk.html?ref=business&_r=2&utm_campaign=morning%20scan-aug%204%202014&utm_medium=email&utm_source=newsletter&ET=americanbanker%3Ae2895301%3A758211a%3A&st=email
Too Big to Fail Has NOT Ended ... It's Only Gotten WORSE Washington's Blog
I was under the impression Democrats destroyed the Financial Industry with regulations.
Finance thrives under the Obama Admin... how horrible.
^^Too ignorant and stupid to engage.
Face it you are just ignorant on this topic. Here's some reading:
15 years ago, Congress kept Mickey Mouse out of the public domain. Will they do it again? - The Washington Post
^^Too ignorant and stupid to engage.
Face it you are just ignorant on this topic. Here's some reading:
15 years ago, Congress kept Mickey Mouse out of the public domain. Will they do it again? - The Washington Post
How is any of that even relevant to this discussion? You shift topics when shown you dont know anything.
The fact is that outside of some limited areas there are no monopolies. Being a narco-libertarian, your views are basically identical to those of liberals: BIG SCARY EEVUL corporations are conspiring to keep you down.
The lefties here frequently mock "trickle down economics" as the cause of our slow economy. So what is trickle down economics? I want to hear an explanation. Snarky responses like "it's what the GOP believes" will be thrashed soundly.
Trickle down is a misnomer. It's flood down. When we don't rape and plunder job providers, we provide lots of jobs, then we bid up good employees.
What the left support is trickle up poverty where government regulates jobs offshore and into automation and reduces the customer base for businesses.
those jobs packed up and went offshore... why didn't trickle down/supply side keep them in this country ?
oh wait, it's never worked in 50 years why should it work now ? RW's have magic wand.
Trickle down is a misnomer. It's flood down. When we don't rape and plunder job providers, we provide lots of jobs, then we bid up good employees.
What the left support is trickle up poverty where government regulates jobs offshore and into automation and reduces the customer base for businesses.
those jobs packed up and went offshore... why didn't trickle down/supply side keep them in this country ?
oh wait, it's never worked in 50 years why should it work now ? RW's have magic wand.
Offshoring jobs is great for our economy and creating jobs on shore. But then I'm an MBA in finance who spent my career in management and management consulting and you're a mouthpiece who parrots socialist politicians, so obviously you know better.
I'll explain it to you if you can demonstrate you actually care about truth. I'm not bothering now because you pretty consistently demonstrate you don't.
those jobs packed up and went offshore... why didn't trickle down/supply side keep them in this country ?
oh wait, it's never worked in 50 years why should it work now ? RW's have magic wand.
Offshoring jobs is great for our economy and creating jobs on shore. But then I'm an MBA in finance who spent my career in management and management consulting and you're a mouthpiece who parrots socialist politicians, so obviously you know better.
I'll explain it to you if you can demonstrate you actually care about truth. I'm not bothering now because you pretty consistently demonstrate you don't.
Cheaper labor is good for investors and bad for labor. It can be good for labor if they get promoted into managing the cheaper labor,.. or if they are the investor that profits from getting themselves fired. Reagan's plan was to move American labor from low tech labor to high tech labor jobs. That worked right up till India and China trained tens of millions of high tech labor workers willing to work for minimum wage. The only saving grace is that robotics and automation may actually get us to world where work is a nice to have, and the robots provide us with the stuff we need to live on.
Trickle down is a misnomer. It's flood down. When we don't rape and plunder job providers, we provide lots of jobs, then we bid up good employees.
What the left support is trickle up poverty where government regulates jobs offshore and into automation and reduces the customer base for businesses.
those jobs packed up and went offshore... why didn't trickle down/supply side keep them in this country ?
oh wait, it's never worked in 50 years why should it work now ? RW's have magic wand.
Offshoring jobs is great for our economy and creating jobs on shore. But then I'm an MBA in finance who spent my career in management and management consulting and you're a mouthpiece who parrots socialist politicians, so obviously you know better.
I'll explain it to you if you can demonstrate you actually care about truth. I'm not bothering now because you pretty consistently demonstrate you don't.
Trickle down is a misnomer. It's flood down. When we don't rape and plunder job providers, we provide lots of jobs, then we bid up good employees.
What the left support is trickle up poverty where government regulates jobs offshore and into automation and reduces the customer base for businesses.
those jobs packed up and went offshore... why didn't trickle down/supply side keep them in this country ?
oh wait, it's never worked in 50 years why should it work now ? RW's have magic wand.
Offshoring jobs is great for our economy and creating jobs on shore. But then I'm an MBA in finance who spent my career in management and management consulting and you're a mouthpiece who parrots socialist politicians, so obviously you know better.
I'll explain it to you if you can demonstrate you actually care about truth. I'm not bothering now because you pretty consistently demonstrate you don't.
Can you name the sectors that are not being offshored and onshored? Can you name the types of jobs that are not being minimized by these policies? Other than Government leadership...Offshoring jobs is great for our economy and creating jobs on shore. But then I'm an MBA in finance who spent my career in management and management consulting and you're a mouthpiece who parrots socialist politicians, so obviously you know better.
I'll explain it to you if you can demonstrate you actually care about truth. I'm not bothering now because you pretty consistently demonstrate you don't.
Cheaper labor is good for investors and bad for labor. It can be good for labor if they get promoted into managing the cheaper labor,.. or if they are the investor that profits from getting themselves fired. Reagan's plan was to move American labor from low tech labor to high tech labor jobs. That worked right up till India and China trained tens of millions of high tech labor workers willing to work for minimum wage. The only saving grace is that robotics and automation may actually get us to world where work is a nice to have, and the robots provide us with the stuff we need to live on.
Certainly for the labor directly impacted, offshoring jobs is not necessarily good for them. However, that isn't true of labor overall, in fact quite the reverse.
- Competitors domestically and internationally are offshoring and if the company doesn't stay competitive it risks everyone's jobs.
- Jobs are created in offshoring, you don't just move jobs offshore. You redesign processes and that creates frequently higher end better paying jobs here to manage the process.
- It helps the economy by increasing efficiency, people get more for the same money.
- It builds the economy of foreign countries creating additional markets.
If we still had blacksmiths now, they would like it, but it wouldn't be good for jobs as they are harming the economy performing inefficient tasks.
those jobs packed up and went offshore... why didn't trickle down/supply side keep them in this country ?
oh wait, it's never worked in 50 years why should it work now ? RW's have magic wand.
Offshoring jobs is great for our economy and creating jobs on shore. But then I'm an MBA in finance who spent my career in management and management consulting and you're a mouthpiece who parrots socialist politicians, so obviously you know better.
I'll explain it to you if you can demonstrate you actually care about truth. I'm not bothering now because you pretty consistently demonstrate you don't.
Whoa, an MBA. Well, I'm a retired executive from the private and public sectors, with an MBA, and I think you're full of shit.
