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Lieutenant_kettch

Your opinion on a free-market society  

7 members have voted

  1. 1. Your opinion on a free-market society

    • Allow Monopolies
      1
    • Ban All Monopolies
      4
    • Ban Some Monopolies (situational)
      0
    • Allow unconditional free-trade
      1
    • Allow COnditional free-trade
      1
    • no free trade (keep in your home country)
      0


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Self-explanatory poll, do you believe in a free-market society?

 

Edit: Hey moderators, can you guys enable multiple votes for me, thanks?

 

Everyone: Vote once under monopolies, once under trade

 

____________________________________________

 

Monopolies won't really hurt anyone, and we should be able to trade with everyone, regardless of their moral or economic status

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Would if we could, but we can only edit the entires on the polls, not the type of poll. Sorries.

 

 

Edit - I voted to ban monopolies though, as monopolies = bad for consumers. Without competition big businesses can drive prices as high as they want and nobody can do anything about it.

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But the problem with monopolies is sometime's they're the only choice. Lets say for instance UPS was the ONLY global shipping option you had in the US. They could charge you as much as they wanted to ship a package from California to Spain, and you couldn't do ANYTHING about it, because nobody else did that kind of shipping. Independant shipping companies aren't going to be able to pull off interstate shipping, let alone international shipping.

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Originally posted by Lieutenant_kettch

actually, i can almost guarantee some little company would start up doing in-state shipping and inter-state, and eventually grow, btw you can always ship usps

 

I am AWARE that right now we COULD ship USPS, that's because UPS doesn't have a monopoly on the international shipping gig. It was an analogy.

 

If monopolies were legal, then UPS would use it's billions of dollars to buy up ANY independant company that tried to muscle in on their territory, so they could keep their stranglehold on the market.

 

Monopolies are a bad thing for consumers.

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It. Is. An. Analogy.

 

If the small company makes an attempt to BECOME a national company that means in all likeliness they will be purchasable by someone with money, they just have to purchase a controlling share of the company.

 

But in all likeliness anyone who establishes a small company like that and is successful enough to draw the attention of the bigger ups is going to be offered so much money that they'll almost CERTAINLY sell out. It is VERY unlikely that they started that company for altruistic reasons, odds are they started it to make money, which is what they would do more quickly by selling out.

 

 

You can say that they COULD try to hold out, but COULD and WOULD are very different. most often the big business wins, consumers lose.

 

 

 

 

Edit - that's the entire idea of a big business monopoly though, they COULD cater to everyone. All they'd have to do it expand their business to employ more people and have more offices (which in turn generates more revenue for them because they get to charge a lot more because they don't have competition)

 

Competition is what drives our economy. The more competition a company has the more likely they are to cut markups in order to attract more people. Lower prices means more people spending their money on the goods, which means more money in circulation which is healthy for the economy.

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Not really, you just have to imagine.

 

But for the sake of arguments lets use something else.

 

Lets use clothing stores. LET US say that there is only ONE store in america where you can buy a pair of jeans. we'll say Walmart won this battle and NOBODY else sells jeans, so walmart gets to charge as much as they want to for jeans.

 

But you say anyone could sell jeans locally!

 

But they cannot BUY jeans, because every jean manufacturer is going to sell THEIR jeans to Walmart because Walmart will pay them more because they CHARGE more.

 

So even if somebody WANTED to try and break the monopoly they couldn't, because they wouldn't be able to buy enough jeans to outfit their store.

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Originally posted by Lieutenant_kettch

somebody could *gasp make jeans

 

Yup, and after they made the jeans, they'd sell em to Walmart. Because Walmart pays top dollar, and they'll make a TON more money than if they sold them themselves or sold it to an independant company.

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You are saying that some small independent could challenge a monopoly. The small business has to grow and there is no way that the monopoly is going to let them do that because they have the money to just buy up there competitors. That is what monopolies do.

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People start businesses to make money. that is how bug business is able to acquire the small businesses, they simply offer them a large amount of money and in the contract the small company agrees to provide its services to the big business or they simply stop performing the service they were doing.

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who knows, there could be someone out there who got sick of ridiculously high prices and went into business to make money, but to make a ton of money by selling cheap enough to make profit, but still be a LOT cheaper than the big boys is plausible

 

and little guys can get their own "muscle", although i bet it would suck, but still, monopolies are fine

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Originally posted by Lieutenant_kettch

but still, monopolies are fine

 

Have you ever taken an economics class? Monopolies aren't just bad for monetary reasons, competition in business is what drives creativity and innovation.

 

The fact that there is always someone else right on yoru heels, coming up with new things and improving on old things means YOU have to do the same. Without that competition innovation stagnates.

 

Monopolies are banned for a reason. People who studied economics their entire lives made a law against it because it is BAD for the economy, and ONLY good for the company.

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