(Untitled)

Jan 25, 2007 21:54

It seems that most of the companies my generation hates are in fact poster children for capitalisic success. Companies like walmart, which has constantly kept prices in multiple fields low while maintaining quality of service (by this I mean you can expect to find most any food, clothing, or entertainment item in stock or in warehouse at any ( Read more... )

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anonymous February 4 2007, 00:10:21 UTC
"By the nature of capitalism, this CANNOT happen."

If the global economy was operating under perfect capitalism, natural monopolies could still occur.

"Ford was famous for stating "you can have any model T, so long as its black" and did so because his company held a firm grip over the automobile industry."

From Wikipedia: Model Ts in different colors were produced from 1908 (first year)to 1914, and then again from 1926 to 1927.

"Ford's loss was astronomical, and they have never managed to regain the market."

What market? The automobile industry as a whole? American scale or global? Ford's trucks reguarly outsell their competition. Even on a more focused scale, the Mustang has been not only the most popular pony-car, but the ONLY pony-car to continue to be produced without time lapses. If we were to look at the industry as a whole, would we look at its subsidiary companies? i.e. Ford: Lincoln, Mercury, Edsel, Aston Martin (which it recently sold), Jaguar, Land Rover, Volvo, and a part of Mazda. GM: Buick, Chevrolet, Cadillac, GMC, Daewoo, Suzuki, Holden, Hummer, Oldsmobile, Opel, Saturn, Saab, Saturn, Vauxhall.

"The consumer will always grow bored"
I doubt the nameless masses will grow bored of well made, low cost, products. (You previously used grocers as an example of mom and pop stores -general stores, if you will. Consumers cannot grow bored of the products these types of stores sell: neccesities) IF a superior competitor comes along, consumers MAY switch. Ultimately, if consumers grow bored, the manufacturers aren't doing their job. It is their job to continue to attract consumers, and move forward with innovation.

Is your argument pro Wal-mart, or just anti favoritism? Or does it just address monopolies as a whole? You use DVD prices as an example of corporate competition, but the first half of the argument targets the small store vs large corporation debate. Mom-and-pop stores do not do compete with Wal-mart in the big-screen tv industry. The products offered at these store are completely different. What market are we regarding? The small town market as a whole (that can afford all of the luxury goods Wal-mart offers)? Or just specific goods like food or clothes that these small stores would carry?

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2fast2penis February 4 2007, 00:11:18 UTC
^That was me. Fuckin' livejournal with its passwords and shit.

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fmloop February 4 2007, 02:59:57 UTC
The point of the post was to supply the argument FOR corporate practices and competition and see someone knock it down with a different argument. As I stated before, the arguments ive heard against these practices didnt hold up very well. I would actually really like to just listen to you talk about it in person, since its obvious you had a shit load of good insight but I felt a lot of it came out scattered.

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