Monopolies are good for the monopolists, not the public

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MikeMike

Lifer
Feb 6, 2000
45,885
66
91
Craig, ho the fuck can you keep screaming "regulation, regulation" when we all know that from econ 101, regulation creates high barriers to entry, thus creating a large area for monopolies to exist because ppl dont have th emoney to enter such a regulated market.
 
Fern

Fern

Elite Member
Sep 30, 2003
26,907
174
106
MikeMike said:
Craig, ho the fuck can you keep screaming "regulation, regulation" when we all know that from econ 101, regulation creates high barriers to entry, thus creating a large area for monopolies to exist because ppl dont have th emoney to enter such a regulated market.
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Good point
 
G

Gonad the Barbarian

Lifer
Oct 16, 1999
10,490
4
0
MikeMike said:
Craig, ho the fuck can you keep screaming "regulation, regulation" when we all know that from econ 101, regulation creates high barriers to entry, thus creating a large area for monopolies to exist because ppl dont have th emoney to enter such a regulated market.
Click to expand...

I wish all the internet geniuses would realize economics doesn't just stop at Econ 101 & 102.
 
sandorski

sandorski

No Lifer
Oct 10, 1999
70,783
6,340
126
MikeMike said:
Craig, ho the fuck can you keep screaming "regulation, regulation" when we all know that from econ 101, regulation creates high barriers to entry, thus creating a large area for monopolies to exist because ppl dont have th emoney to enter such a regulated market.
Click to expand...

Regulation is absolutely necessary. Sorry.
 
M

MotF Bane

No Lifer
Dec 22, 2006
60,801
10
0
MikeMike said:
Craig, ho the fuck can you keep screaming "regulation, regulation" when we all know that from econ 101, regulation creates high barriers to entry, thus creating a large area for monopolies to exist because ppl dont have th emoney to enter such a regulated market.
Click to expand...

The answer is clear: Craig never took economics.
 
BoberFett

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
MikeMike said:
Craig, ho the fuck can you keep screaming "regulation, regulation" when we all know that from econ 101, regulation creates high barriers to entry, thus creating a large area for monopolies to exist because ppl dont have th emoney to enter such a regulated market.
Click to expand...

The fact is that Craig loves monopolies, but only his chosen monopolies. He'd be fully in support of having a monopoly control every products, as long as he and his "progressives" were the ones determine which monopoly was allowed to exist and then control exactly how it does business.

Craig and his ilk are as power hungry as any monopolist, they just like to make it sound like they're doing for the good of the people.
 
BoberFett

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Gonad the Barbarian said:
Not all of use like melamine in our food, lead in our paint, or radioactive metals or corrosive sheet rock in our house.
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So you're going to create legislation to mandate that food cannot contain melamine, is that correct?

What about the million other substances which you don't want your food? Are you going to create a list of every possible thing you don't want in your food? If you miss one, then am I to assume that it's OK if that is in your food? As long as the food processor is following the regulations everything is OK right?

Or would we maybe be better off with far fewer regulations and rely on existing civil lawsuits to punish wrongdoers and for the very severe cases of negligence existing criminal law?

So tell me again, why do we need more and more and MORE AND MORE regulation? Aren't we just creating a mess of laws that only ensure that no competition will ever enter the market at the same time it creates loopholes that existing corporations can weasel their way around with their massive legal department budgets?
 
sandorski

sandorski

No Lifer
Oct 10, 1999
70,783
6,340
126
BoberFett said:
So you're going to create legislation to mandate that food cannot contain melamine, is that correct?

What about the million other substances which you don't want your food? Are you going to create a list of every possible thing you don't want in your food? If you miss one, then am I to assume that it's OK if that is in your food? As long as the food processor is following the regulations everything is OK right?

Or would we maybe be better off with far fewer regulations and rely on existing civil lawsuits to punish wrongdoers and for the very severe cases of negligence existing criminal law?

So tell me again, why do we need more and more and MORE AND MORE regulation? Aren't we just creating a mess of laws that only ensure that no competition will ever enter the market at the same time it creates loopholes that existing corporations can weasel their way around with their massive legal department budgets?
Click to expand...

/facepalm
 
D

daishi5

Golden Member
Feb 17, 2005
1,196
0
76
Craig234 said:
Certain things belong in the 'competitive free market' and are subject to monopoly. Regulation isn't one.

And we have 'free competition' for the government, not monopoly: it's called elections. Different people and parties compete for who the people want to compete. They're not perfect - fix them.

What's especially broken about them is the deep pockets of the corporatocracy the thread is about.

Since you missed it the first three times, cut and paste again:
Click to expand...

I am sorry, you missed the irony. You state that monopolies are good for the monopolist and not the people, you state the government needs to do more to regulate monopolies, I state the government is a monopoly in regulating monopolies.

Which of these statements are false:
Monopolies are good for the monopolist, bad for the people (this is two statements, so I guess it could be part of each)
We need more government regulation of monopolies.
government regulation of monopolies is itself a monopoly.
 
G

Gonad the Barbarian

Lifer
Oct 16, 1999
10,490
4
0
BoberFett said:
So you're going to create legislation to mandate that food cannot contain melamine, is that correct?

What about the million other substances which you don't want your food? Are you going to create a list of every possible thing you don't want in your food? If you miss one, then am I to assume that it's OK if that is in your food? As long as the food processor is following the regulations everything is OK right?

Or would we maybe be better off with far fewer regulations and rely on existing civil lawsuits to punish wrongdoers and for the very severe cases of negligence existing criminal law?

So tell me again, why do we need more and more and MORE AND MORE regulation? Aren't we just creating a mess of laws that only ensure that no competition will ever enter the market at the same time it creates loopholes that existing corporations can weasel their way around with their massive legal department budgets?
Click to expand...

Is Sarah Palin your mom by any chance?
 
nobodyknows

nobodyknows

Diamond Member
Sep 28, 2008
5,474
0
0
BoberFett said:
You and the idiots like you are the reason government doesn't work. You use a backhoe where a gardeners trowel is need. Hey, if a little government is good, then a lot of government is better. Right?
Click to expand...

Converslely if a little goverment is good then no goverment is better, right?



NOT.
 
nobodyknows

nobodyknows

Diamond Member
Sep 28, 2008
5,474
0
0
BoberFett said:
Are your fire and police departments federal? Are your utilities federal?

Tell you what, if your city wants universal health care, go for it.
Click to expand...

Our army, air force and navy are federal monoploies asw ell they should be dumb ass, Shall we get rid of those?

Health care could/should also be a federal controlled monopoly as well.
 
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