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Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
whatisthisasheep
Profile Joined April 2015
624 Posts
September 24 2015 04:56 GMT
#46701
On September 24 2015 13:53 LimpingGoat wrote:
I'm a solid liberal and I want to vote for Trump.

Change my view

Trump really isn't a republican that's why you can vote for him and get a pass
Please help me get in contact with the Pats organization because I'd love to personally deflate Tom's balls.
TheTenthDoc
Profile Blog Joined February 2011
United States9561 Posts
Last Edited: 2015-09-24 05:04:28
September 24 2015 04:56 GMT
#46702
On September 24 2015 13:38 cLutZ wrote:
Show nested quote +
On September 24 2015 12:25 IgnE wrote:
What is "fraud" and "force?" Is price dropping to kill competitors' business not a free action? Buying up all raw materials to force other competitors out of business? There are plenty of things that don't amount to "fraud" that monopolies can do to maintain their monopoly.


None of those things are sustainable. Even the most classic examples (such as Rockafeller) were either caused by government support or had real competitors that were bubbling up because of the opportunity for undercutting/flanking (such as microsoft).


I'm not big on economic theory, but I don't think those types of policies have to be sustainable indefinitely, they just need to be sustainable long enough for new competitors to crumple. I feel like the higher the cost of entering the market and the more intelligence the monopolist can gather about new market entrants the easier it is for those policies to work (and even in a free market you still have cost of entry).

Edit: If market entry was free and instantaneous they wouldn't work, but it never is.
cLutZ
Profile Joined November 2010
United States19574 Posts
September 24 2015 05:22 GMT
#46703
On September 24 2015 13:56 TheTenthDoc wrote:
Show nested quote +
On September 24 2015 13:38 cLutZ wrote:
On September 24 2015 12:25 IgnE wrote:
What is "fraud" and "force?" Is price dropping to kill competitors' business not a free action? Buying up all raw materials to force other competitors out of business? There are plenty of things that don't amount to "fraud" that monopolies can do to maintain their monopoly.


None of those things are sustainable. Even the most classic examples (such as Rockafeller) were either caused by government support or had real competitors that were bubbling up because of the opportunity for undercutting/flanking (such as microsoft).


I'm not big on economic theory, but I don't think those types of policies have to be sustainable indefinitely, they just need to be sustainable long enough for new competitors to crumple. I feel like the higher the cost of entering the market and the more intelligence the monopolist can gather about new market entrants the easier it is for those policies to work (and even in a free market you still have cost of entry).

Edit: If market entry was free and instantaneous they wouldn't work, but it never is.

I'm on mobile, so can't respond to all those before, however, at this very moment, there are only two companies that have monopolies that have high enough entry costs to inhibit serious venture capital. Thosr are google and Facebook, and the only government regulations that would open up the space for competitors is complete destruction of them, or takeover plus stagnation.
Freeeeeeedom
IgnE
Profile Joined November 2010
United States7681 Posts
Last Edited: 2015-09-24 05:29:53
September 24 2015 05:29 GMT
#46704
Timewarner. Telecomms. Monsanto.

First you said a market wasn't free if there were monopolies in it. Then you said that monopolies don't actually have any real power because exertion of monopoly power through typical channels was "unsustainable." Now you say there are only two monopolies with troubling power?
The unrealistic sound of these propositions is indicative, not of their utopian character, but of the strength of the forces which prevent their realization.
cLutZ
Profile Joined November 2010
United States19574 Posts
September 24 2015 05:34 GMT
#46705
Lolz. Regulation. Regulation. Patents+ regulation. Is the answer to all those.
Freeeeeeedom
IgnE
Profile Joined November 2010
United States7681 Posts
Last Edited: 2015-09-24 06:13:38
September 24 2015 06:12 GMT
#46706
I think you mean:

Natural monopoly and natural monopoly for the first two. Regulation exists because they are natural monopolies.

It's still pretty unclear whether you think monopolies exist in the natural state of "free markets." But you seem pretty delusional so I don't know if I care about your answers.
The unrealistic sound of these propositions is indicative, not of their utopian character, but of the strength of the forces which prevent their realization.
aRyuujin
Profile Blog Joined January 2011
United States5049 Posts
September 24 2015 07:15 GMT
#46707
On September 24 2015 15:12 IgnE wrote:
I think you mean:

Natural monopoly and natural monopoly for the first two. Regulation exists because they are natural monopolies.

It's still pretty unclear whether you think monopolies exist in the natural state of "free markets." But you seem pretty delusional so I don't know if I care about your answers.


As long as network effects inspire rapid, harsh competition and consolidation, modern monopolies will inevitably form
can i get my estro logo back pls
GreenHorizons
Profile Blog Joined April 2011
United States23218 Posts
Last Edited: 2015-09-24 07:31:22
September 24 2015 07:24 GMT
#46708
I think the words "free market" and "regulation" have been thrown around so haphazardly for so long they have lost their meaning to 1000 translations.

From my experience when people say "free market" no two of them mean the same thing. For most it's just a catch phrase/slogan like "socialist" or "I'm lovin' it"

I love how we get to see xDaunt slowly rationalize becoming a Trump supporter or at least coming to grips with the likelihood he's the best shot conservatives have against the establishment. (Told you, you should of rallied around your opposition figure [Walker] early).
"People like to look at history and think 'If that was me back then, I would have...' We're living through history, and the truth is, whatever you are doing now is probably what you would have done then" "Scratch a Liberal..."
DarkPlasmaBall
Profile Blog Joined March 2010
United States44271 Posts
September 24 2015 10:14 GMT
#46709
On September 24 2015 13:53 LimpingGoat wrote:
I'm a solid liberal and I want to vote for Trump.

Change my view


Can you elaborate on why you think Trump's policies and philosophies would be better for this country than Bernie Sanders's? To me, it doesn't really think like Trump has thought a lot of things through, and he's just winging it because he has no political experience.
"There is nothing more satisfying than looking at a crowd of people and helping them get what I love." ~Day[9] Daily #100
DickMcFanny
Profile Blog Joined September 2015
Ireland1076 Posts
September 24 2015 12:24 GMT
#46710
On September 24 2015 16:24 GreenHorizons wrote:
I think the words "free market" and "regulation" have been thrown around so haphazardly for so long they have lost their meaning to 1000 translations.

From my experience when people say "free market" no two of them mean the same thing. For most it's just a catch phrase/slogan like "socialist" or "I'm lovin' it"


If we're being pedantic, it's not even a 'market', let alone a free one.

To make it 'free', society would have to get rid of the highly harmful and perverted patent system.
To make it a 'market', society would have to get rid of advertising industry which is specifically designed to undermine markets and informed consumer choice.
| (• ◡•)|╯ ╰(❍ᴥ❍ʋ)
Stratos_speAr
Profile Joined May 2009
United States6959 Posts
September 24 2015 12:35 GMT
#46711
On September 24 2015 14:34 cLutZ wrote:
Lolz. Regulation. Regulation. Patents+ regulation. Is the answer to all those.


Ah yes, whenever there's anything wrong with the free market, just say that it's actually due to "regulations".

Never mind the fact that your economic ideology relies on a fantasy world where human beings won't exploit one another like they have throughout all of human history.
A sound mind in a sound body, is a short, but full description of a happy state in this World: he that has these two, has little more to wish for; and he that wants either of them, will be little the better for anything else.
Plansix
Profile Blog Joined April 2011
United States60190 Posts
Last Edited: 2015-09-24 12:57:47
September 24 2015 12:55 GMT
#46712
On September 24 2015 21:35 Stratos_speAr wrote:
Show nested quote +
On September 24 2015 14:34 cLutZ wrote:
Lolz. Regulation. Regulation. Patents+ regulation. Is the answer to all those.


Ah yes, whenever there's anything wrong with the free market, just say that it's actually due to "regulations".

Never mind the fact that your economic ideology relies on a fantasy world where human beings won't exploit one another like they have throughout all of human history.

Free markets exist beside regulation, no matter what internet free market worshipers say. And it accepts that government supported monopolies are necessary sometimes, like electricity, airports and train lines. If there is one thing that is true about free market theory on the internet and in politics, its that most people talking about it haven't read Adam Smith. Because he clearly states when the free market isn't effective and why. For example, he says that the free market fails when the consumer does not have enough information. Yet you hear a lot of folks(but not everyone) who claim to all about the free market dislike regulations requiring greater disclosure and transparency.

In the cases of the cLutZ is referencing, all the companies are using government regulations to enforce their dominance in the market. While also pushing to not regulated further. Facebook and Google are just running free and no one can challenge them for a number of reasons, but none are regulation.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
September 24 2015 13:00 GMT
#46713
on ip stuff, what the fuck do you even have without any 'regulation?'

every property regime is man made, deal with it.
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
DickMcFanny
Profile Blog Joined September 2015
Ireland1076 Posts
September 24 2015 13:06 GMT
#46714
[QUOTE]On September 24 2015 21:55 Plansix wrote:
[QUOTE]On September 24 2015 21:35 Stratos_speAr wrote:
[QUOTE]On September 24 2015 14:34 cLutZ wrote:
Lolz. Regulation. Regulation. Patents+ regulation. Is the answer to all those.[/QUOTE]

If there is one thing that is true about free market theory on the internet and in politics, its that most people talking about it haven't read Adam Smith. Because he clearly states when the free market isn't effective and why. For example, he says that the free market fails when the consumer does not have enough information. Yet you hear a lot of folks(but not everyone) who claim to all about the free market dislike regulations requiring greater disclosure and transparency.
[/QUOTE]

Precisely.

Regulations don't undermine free markets, advertising does.
| (• ◡•)|╯ ╰(❍ᴥ❍ʋ)
Plansix
Profile Blog Joined April 2011
United States60190 Posts
Last Edited: 2015-09-24 13:12:48
September 24 2015 13:09 GMT
#46715
People whine about the patent system because it seems harsh and there are edge cases where it is abused. But for the vast majority of the time it works and allows for innovation. The main problem currently is companies doubling down of software patent left and right. Though that has lessened a bit since they figured out protecting those patents is sort of a nightmare.

Right now the issues I’m seeing is that a lot of the regulatory agencies like FDA, patent office and others are under staffed and funded. NPR did a report recently how few FBI officers are assigned to cases involving financial crime, even though it is way more common than terrorism. So there are errors, abuses and crimes that slip through not because there are not laws, but because no one is able to enforce them.

[B]On September 24 2015 22:06 DickMcFanny wrote:

Precisely.

Regulations don't undermine free markets, advertising does.


I would love to see a lot enforcement when it comes to deceptive advertising. And updated regulation requiring disclosure of digitally enhanced or altered photos.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
ticklishmusic
Profile Blog Joined August 2011
United States15977 Posts
Last Edited: 2015-09-24 13:31:21
September 24 2015 13:30 GMT
#46716
Why Aren’t We Inspired by Hillary Clinton?

was an unseasonably warm night in Chicago. On Tuesday, November 4, 2008, nearly a quarter of a million people—young and old, men and women of almost every racial and ethnic background—streamed into Grant Park. The crowd was peaceful and somewhat subdued, filled with a jittery anticipation about how the night would likely unfold. Shortly after 10 P.M. Central Standard Time, television networks announced that Barack Obama had been elected the forty-fourth President of the United States. For a few seconds, the crowd stood still, in a stunned silence. Then, the crowd let out a collective and euphoric scream. There was joy, relief, and disbelief. Tears flowed freely, strangers hugged for several minutes, others knelt and prayed. Senator John McCain’s concession speech put Obama’s election into its historic context by reminding Americans that just a century ago President Theodore Roosevelt had been vilified for inviting Booker T. Washington to dine at the White House. Obama’s victory speech took the high-spirited crowd even higher: “If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer.” I called my cousin, who was too filled with emotion and too mystified to complete her thought: “This country . . . This country . . . This country . . . ” she said quietly, as her voice trailed off.

If Hillary Clinton wins the Democratic nomination and the national election, can we expect the same gathering of crowds and the same emotional outpouring? Would the historic election of the first woman President evoke a similar thrill and sense of wonderment at the leaps that this country is capable of making?

Probably not. But why not? Is the election of a black man more revolutionary than the election of a white woman? Of course, one cannot compare the moment of an election victory of one candidate to a moment during another candidate’s campaign, a year before the election. And much of the excitement about Obama derived from the dissatisfaction with the President he was replacing. But the question remains: what’s behind the shortfall of enthusiasm for Hillary Clinton?



From the New Yorker

An interesting perspective about why people are ready, but not excited, for Hillary.
(╯°□°)╯︵ ┻━┻
DickMcFanny
Profile Blog Joined September 2015
Ireland1076 Posts
Last Edited: 2015-09-24 13:35:04
September 24 2015 13:34 GMT
#46717

On September 24 2015 22:09 Plansix wrote:

I would love to see a lot enforcement when it comes to deceptive advertising. And updated regulation requiring disclosure of digitally enhanced or altered photos.



Australia tried to introduce laws that demand that advertising be fact based.

Of course American companies would have none of it and forced a 'Trade Agreement' upon Australia and coerced them into dismissing the laws.
| (• ◡•)|╯ ╰(❍ᴥ❍ʋ)
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
September 24 2015 13:38 GMT
#46718
On September 24 2015 22:30 ticklishmusic wrote:
Show nested quote +
Why Aren’t We Inspired by Hillary Clinton?

was an unseasonably warm night in Chicago. On Tuesday, November 4, 2008, nearly a quarter of a million people—young and old, men and women of almost every racial and ethnic background—streamed into Grant Park. The crowd was peaceful and somewhat subdued, filled with a jittery anticipation about how the night would likely unfold. Shortly after 10 P.M. Central Standard Time, television networks announced that Barack Obama had been elected the forty-fourth President of the United States. For a few seconds, the crowd stood still, in a stunned silence. Then, the crowd let out a collective and euphoric scream. There was joy, relief, and disbelief. Tears flowed freely, strangers hugged for several minutes, others knelt and prayed. Senator John McCain’s concession speech put Obama’s election into its historic context by reminding Americans that just a century ago President Theodore Roosevelt had been vilified for inviting Booker T. Washington to dine at the White House. Obama’s victory speech took the high-spirited crowd even higher: “If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer.” I called my cousin, who was too filled with emotion and too mystified to complete her thought: “This country . . . This country . . . This country . . . ” she said quietly, as her voice trailed off.

If Hillary Clinton wins the Democratic nomination and the national election, can we expect the same gathering of crowds and the same emotional outpouring? Would the historic election of the first woman President evoke a similar thrill and sense of wonderment at the leaps that this country is capable of making?

Probably not. But why not? Is the election of a black man more revolutionary than the election of a white woman? Of course, one cannot compare the moment of an election victory of one candidate to a moment during another candidate’s campaign, a year before the election. And much of the excitement about Obama derived from the dissatisfaction with the President he was replacing. But the question remains: what’s behind the shortfall of enthusiasm for Hillary Clinton?



From the New Yorker

An interesting perspective about why people are ready, but not excited, for Hillary.

thsi angle is good. i don't see many people who are crediting hillary. it's either they take her for granted or just say she got there because of bill clinton.
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
cLutZ
Profile Joined November 2010
United States19574 Posts
September 24 2015 14:57 GMT
#46719
On September 24 2015 21:55 Plansix wrote:
Show nested quote +
On September 24 2015 21:35 Stratos_speAr wrote:
On September 24 2015 14:34 cLutZ wrote:
Lolz. Regulation. Regulation. Patents+ regulation. Is the answer to all those.


Ah yes, whenever there's anything wrong with the free market, just say that it's actually due to "regulations".

Never mind the fact that your economic ideology relies on a fantasy world where human beings won't exploit one another like they have throughout all of human history.

Free markets exist beside regulation, no matter what internet free market worshipers say. And it accepts that government supported monopolies are necessary sometimes, like electricity, airports and train lines. If there is one thing that is true about free market theory on the internet and in politics, its that most people talking about it haven't read Adam Smith. Because he clearly states when the free market isn't effective and why. For example, he says that the free market fails when the consumer does not have enough information. Yet you hear a lot of folks(but not everyone) who claim to all about the free market dislike regulations requiring greater disclosure and transparency.

In the cases of the cLutZ is referencing, all the companies are using government regulations to enforce their dominance in the market. While also pushing to not regulated further. Facebook and Google are just running free and no one can challenge them for a number of reasons, but none are regulation.


Yes, and people seem to complain much less about FB and Google, because, in large part, they know that the dominance of those companies is due (not entirely, but mostly) to them delivering a superior product. I just was trying to point out that, in general, a huge % of the time that I see people complain about the free market, it is often a complaint about some of our least free sectors, such as banking, healthcare, telecommunications, and the like.
Freeeeeeedom
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
September 24 2015 15:10 GMT
#46720
On September 24 2015 13:53 LimpingGoat wrote:
I'm a solid liberal and I want to vote for Trump.

Change my view

trump is the regi of politics
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
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