Quote:This debate has centered on the latest claim by plainoldme that there was no competition in the market anymore.
Plainoldme never claimed that there was no competition anymore. I'd like you to highlight exactly where she said that. In fact, what she did do was point out that the Corporation is responsible for driving many smaller, more individual businesses
out of business. And this is true.
Quote:I pointed out how wrong that was, then you started piling on with the same argument. What am I to conclude that you had to be brainwashed somewhere, Cyclops? My apologies if it wasn't in college, so it must be somewhere else, or did you come up with this completely on your own? It has been 35 years plus since I was in college, but I hear all the time about professors that preach the evils of multi-national corporations, and even high school teachers, such as the one at Overland High School in Denver, are doing it, so it is easy to make the assumption that you might have been influenced by college of late. My apologies.
Once again, our argument has never been that there is not competition, just that the Corporation has many negative effects (as well as positive ones). And that they don't play fair. And that they have lots of money to play unfair with.
Why do you assume that I have been 'brainwashed' by anything? Yaknow, I only have one eye that works, but it works damn well. I can see for myself the effects of big business upon small business, the effects upon individuality (which was a prime component of Plainoldme's post) and the effects upon our environment and America. Most of them are bad. Oh, sure, you can get crap at cheap prices, noone is disputing that. But is all that junk worth the price that we eventually have to pay for it? I don't think so.
Quote:I used to work for a corporation for a number of years.
So did I; Dell computers, inc.
Quote:Break it down, and what you have is an organization run by alot of people and owned by many people. They were some of the best people I've known that worked in the company, and the shareholders are people living on your block, and I am a shareholder via retirement fund.
Sure. This is the simplistic way to look at it, but it does highlight part of the problem with the corporation.
Let's say that I start corporation X. We make propane and propane accessories, and have fine, hardworking people at every step of the way. We prosper, we grow bigger, and we decide to go public with our stock.
Now, instead of a small group of owners, we have a
huge group of owners, who change all the time. Most of them have never seen our factories, never met Jim in accounting, they don't know that Darryl in Shipping is the hardest-working guy with one arm in Texas. All they know is that they gave money to our company in order to get a return on their investment. The
highest possible return. Most stockholders these days aren't members of the companies they invest in. All they care about is making money off of their investments.
This is partially because you have money and fund managers who will tell you that it is
stupid to put your money in a company that doesn't provide you as good returns as elsewhere. They will say (and I've heard this, not only from advisors of myself and my parents, but TV stock advisors on channels such as CNBC and CNN) that there is no room for sentimentality in the investment market, not if you actually want to make money. This is a serious problem for my propane company.
Why? Because whereas before, our company had a group of owners who believed in a common goal - quality propane and propane accessories - we now have a group of owners who believe in a
different common goal: making money. That's it. And it inevitably starts to affect the business.
Do you know what 'due dilligence' laws are? They are laws which were passed to protect investors from CEO's and other Corporate leaders who are willing to do the 'right thing' at the expense of profits. You see, the goal of the CEO (according to investors) is to ensure that the highest possible returns are achieved each quarter or year for the investors. When they invested in the company, they did so with that understanding - that the people running the company would try as hard as they could to make money for the investors. But when they
don't bring in the highest possible returns, investors get mad. They can invoke Due Dilligence, which allows these rich investors to
sue those running the company if they feel they made decisions which lead to a loss in returns.
We used to, for example, triple-weld the propane tanks. Now we double-weld them, because it's cheaper, and saves the company money, which translates into investors making money, which attracts more investors, which grows the company.
We used to, for example, match employee retirement at 5%. Now we don't match it at all, because it saves the company money, which translates into investors making money, which attracts more investors, which grows the company. (this is a real-world example from my father's business, Fairbanks-Morse, btw)
We used to, for example, buy our glands and socket welds from a reputable company here in America. Now we buy them from overseas, because it saves the company money, which translates into investors making money, which attracts more investors, which grows the company.
We used to, for example, take greater care with our emissions and pollutants, to avoid fouling the stream next to the plant. Now, we just let it flow; it saves money, and we know from the bribes that we've paid that we won't be investigated. This saves money, which translates into investors making money, which attracts more investors, which grows the company.
And on, and on, and on.
If your company starts to care about the environment, or it's workers too much, you could be sued right out of your job by your stockholders. If the CEO wants to pay people more than slave wages to sew shirts together, he could lose his job for not providing the highest possible return.
Morality is not an issue at all. And that's the problem. A corporation is a huge entity, who enjoys most of the rights of an individual, and has no moral compass whatsoever. All that matters is to
make money.
Sure, some are better and some are worse. Not every corporation follows bad practices. But the ones that do, make the highest profits. The ones that do, are the ones that are recommended to invest in by professionals who care more about profits than anything else. So there is a reinforcing effect upon
not caring about the environment, or the people who work for you, or America's health.
I didn't need anyone to tell me these things. I've seen them with my own eye, done research, been to plants, studied. I do not believe our current situation is sustainable, and it is part of my life's mission to reform the way we do business and investing here in America.
Quote:The commercial activities of a corporation are governed by many things, including many regulations by government. Corporations make an honest living by producing legitimate goods and services at competitive prices. If you don't like them, DON'T BUY THEM! And don't work for them for slave prices. Nobody forces you to do it. If you can go on for days and days about corporations, I could go on for months about the government! It isn't a perfect world.
You're right, it isn't a perfect world. There are many evils of government that must be addressed as well. But in the same way that I would be wrong to sit here and tell you to shut up about big government, you are wrong to tell me to shut up about big business.
Unfortunately, these two topics are hugely connected, as one of primary ways for a company to make money is to invest in Government. Regulatory industries are owned by the industries they regulate; the incidence of regulators leaving gov't jobs for cushy jobs in the industries that they regulate is so prevalent, that there isn't even seen anything wrong with it anymore!
Corporate interests have bought their way into our government, not only in the Regulatory industry, but in the Congress and WH as well. Do you know how much money it costs to get elected these days? Millions of dollars. Hell, even at the state level it takes millions of dollars to get elected. Part of this reason is because the Corporations own the methods of idea transmission to the public that are the most popular - radio and televison. It used to be that both mediums had mandated time for each candidate, but that is a thing of the past - cut into profits. These same corporations have a vested interest in supporting the candidate that will loosen the restrictions upon their business to the maximum degree, and you don't think they do exactly that? Of course they do!
By the time you spend your first day in office these days, you are already in someone's pocket. I'm sure this has always been the case, but the economies of scale have blown things all out of proportion. And these people expect results once you are in office. This is what leads to the weaking of regulations, the weaking of restrictions, the weakining of taxes on Corporations, the removal of barriers to monopolies (Ma Bell is practically reformed again), and the passing of laws which actively harm Americans and Consumers to the profit of the Corporation, who is actually invested in by a small percentage of the population - witness the recent credit card bill passed by the Congress. It didn't help a single American at all, just Credit Card companies. How did this happen? Because the Corporation is willing, and has the money, to change the rules in the middle of the game. It is unfair and downright despicable.
Quote:Last but not least, it isn't the institution thats causing the problem. If there is a problem, it is the people that run them. If you don't like people, reform them all.
I intend to. This begins with education, continues with the marshalling of forces, and ends with forcible change upon those who pray at the altar of profits. It will be a long and difficult struggle, and I have dedicated my life to it.
As I said before, no f*ckin' way.
Quote:And actually this argument was about whether the market has competition these days. Anybody that says it does not is basically ignorant. If you don't believe there is competition, go ask Ford Motor or GM.
Actually, this argument was never about that. You have mis-represented what Plainoldme and I have said from the start. You have claimed that I made arguments which I did not make. You have ridiculed me and called me brainwashed because I have opinions which you don't like. So who is the one who is 'basically ignorant?'
Ford and GM compete, sure; with other Corporations. And they both have had their fair share of dirty tricks and tactics to force others out of business.
Cycloptichorn