Rockefeller was a "monster"? Obviously, you have no idea what you're talking about. I suggest you read something in depth about him written by a reputable historian.
Don't dedicate your life to making profit for someone else.
You might as well be a bum, then. The economy works because in order for people to get what they want, they have to give something that others want. If you want something, you'll have to provide something in return, be it time, capital, or goods. Or are you of the persuasion that the world owes you a living just because you exist? And if so, how does that fit into your philosophy of doing nothing for anyone else? Why should anyone do anything for you?
Why is it that we have this awful attitude that being a mother is somehow this dead-end proposition that requires no job skills?
Because being a parent is the most natural (I didn't say easy) thing in the world. It requires no talent or skill beyond what we are pretty much all born with. If that were not so, the human race would have died out a hundred thousand years ago. I've never seen any evidence that highly educated or skilled people make even slightly better parents.
I agree. I'll be buying less music if I can't find out the name or artist based on half-remembered bits of lyrics. After all, the radio almost never mentions artist or title. I've bought a lot of CDs this way. Oh well, the RIAA shoots itself in the foot once again.
I do not plan to do so until three conditions are met. First, artists are properly compensated for their music.
I don't understand the point of this. Artists are not the victims, they are aiders and abettors. They freely and voluntarilly sign up with the big labels. If they don't like the terms of the contract, or if they don't like the RIAA or DRM, they simply do not have to sign up with them.
If the artists stop signing up with those labels, and instead form their own label that has no DRM etc., then the power of those labels will drastically decline.
Despite the growth of the major chains, consumers appear to be benefitting from the competitive forces of the current market structure. The evidence revealed that, since 1986, prices have fallen on average for baskets of foods and individual foods at supermarkets. Although there are some exceptions, the Committee accepts that economies of scale and scope have driven prices down in major supermarkets across Australia.
Therefore, it is certainly not an example of:
1) Selling below cost
2) Driving competitors out of business
3) Then implementing a sustained higher price level than before (1).
All that's happening here is a normal process of small scale inefficiency being replace by large scale efficiency.
Yes, I have read the history of Standard Oil (see "Titan" by Ron Chernow, which I have a copy of). The truth is not what the conventional wisdom of it is. You're welcome to read it for yourself. While you're at it, please point to me in that book of an example of the situation described.
Or a specific example in any reputable history of Standard Oil, if you prefer.
Please also do that for ***mart, whatever company that is.
If it's so searchable, why don't you have a specific case history to post? That's why I asked. It seems everyone has heard vague, non-specific stories about this, but they always vanish like a mirage upon closer examination.
Also, I didn't ask for a specific case about *dumping*. I asked for a case where dumping enabled a company to gain a monopoly in a specific market, and used that monopoly position to create a sustained price increase over what it was prior to the dumping.
Your supermarket chain example is not specific. I asked for a case history, not hand waving.
Furthermore, none of your handwaving examples are of selling below cost - just that they are below the competitors' prices.
1) Standard Oil never raised prices above what they were before they started. 2) Standard Oil dropped kerosene prices 70%, and they stayed down. 3) During the time of the big anti-trust action against S.O., S.O. was rapidly losing market share to competitors. 4) Standard Oil did not sell below cost.
Most of the conventional wisdom about Standard Oil is not supported by the facts.
I'll bite. Name one case history of predatory pricing where prices were dropped by a giant company below cost, the small competitors were all run out of business, and the giant then raised prices higher than before.
Sorry, I found the first SW interesting and engaging back in 1977, despite being silly. The rest of the SW movies were progressively sillier, and less interesting. With Sith, I kept looking at my watch I was so bored.
At home, I listen to my jukebox using the Turtle Beach Audiotron (which plays WMA files just fine) through my home stereo.
At work, I just bring along a cheap usb drive with all the tunes on it, and plug it in to a usb port, and click 'play'. I don't see how that's not oh-so-easy-to-use.
But hey, I admit that WMA files are not 'cool' and I'm not 'with it.' As far as I can tell, that's all you're buying with an ipod. I'm old enough to not give a flying f**k. The whole thing reminds me of those old Dr. Pepper advertisements where the viewer was exhorted to join the non-conformists.
I've never understood the hype for the ipod either. I'm not paying $.99 for poor quality DRM'd music. I have 8000 songs on my home jukebox, legally purchased, some in the form of vinyl that I've enjoyed for 30 years. I have no faith that DRM'd music will be playable even 5 years from now. Ipods won't play.wma music; I'm not paying money for someone else's jihad. I don't wear 'ear buds' because they are a major cause of permanent hearing damage. I never carry a music player while jogging because I prefer to hear cars bearing down on me in time to jump out of the way. And those advertisements of dorks silently bee-bopping around with wires coming out of their ears leave me cold.
You've overlooked things like the transistor, plastics, airplanes, jet engines, vulcanization of rubber, cheap steel production, superchargers, electronics, turbines, radio, etc., all came from private enterprise and without which the space program would have been impossible.
Oh, and Goddard's pioneering work in rockets, upon which the V2 was based, was not funded by the government.
Companies should offer funding in exchange for a commitment to work for the company for X number of years after finishing the degree.
Indentured servitude is illegal in this country. The company would have no recourse if you just walked off with your degree and refused to work for them. So they aren't going to offer such a deal.
Even if they could force you to hold up your end of the bargain, what is their recourse if you fail to get the degree?
On the other hand, few of my best friends actually take an interest in fashion, celebrities or sports, which is something that other people are more often interested in. I wonder if we don't feel they are interested in anything important, and they feel the same way about us?
I think it was Ann Landers who wrote once that smart people talk about ideas, average people talk about events, and dumb people talk about other people.
You need to know that your contractor is screwing you over by quoting you for more than twice the square-footage than you actually have; and it's amazing how many people can't even handle Pythagoras.
Yup, contractors have tried that with me, hoping I wouldn't figure out that even though I'd paid for 1000 sq ft, they only delivered 700. I needed to know trig formulas to get it right.
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Rockefeller was a "monster"? Obviously, you have no idea what you're talking about. I suggest you read something in depth about him written by a reputable historian.
You might as well be a bum, then. The economy works because in order for people to get what they want, they have to give something that others want. If you want something, you'll have to provide something in return, be it time, capital, or goods. Or are you of the persuasion that the world owes you a living just because you exist? And if so, how does that fit into your philosophy of doing nothing for anyone else? Why should anyone do anything for you?
Me, I buy used CDs and get cheap, high quality, no-DRM tunes. I guess I'm just not cool.
That's because us old folks (I'm in my 40's) find gaming to be boring. We've found more interesting things to do.
Sure I believe in free speech, but you can't let that guy say those things!
supposedly modeled their skits after the behavior of children, which provided an endless source of material.
Why is it that we have this awful attitude that being a mother is somehow this dead-end proposition that requires no job skills?
Because being a parent is the most natural (I didn't say easy) thing in the world. It requires no talent or skill beyond what we are pretty much all born with. If that were not so, the human race would have died out a hundred thousand years ago. I've never seen any evidence that highly educated or skilled people make even slightly better parents.
I agree. I'll be buying less music if I can't find out the name or artist based on half-remembered bits of lyrics. After all, the radio almost never mentions artist or title. I've bought a lot of CDs this way. Oh well, the RIAA shoots itself in the foot once again.
The device is in your car, so, why not use the speedometer to determine speed? Duh!
It's even simpler. Raise the fine to $133m. Then $100m will go to the shareholders excluding Larry.
I don't understand the point of this. Artists are not the victims, they are aiders and abettors. They freely and voluntarilly sign up with the big labels. If they don't like the terms of the contract, or if they don't like the RIAA or DRM, they simply do not have to sign up with them.
If the artists stop signing up with those labels, and instead form their own label that has no DRM etc., then the power of those labels will drastically decline.
What's missing from your account is the 3rd part of the example, that prices afterwards remained at a sustained higher level than before.
Yes, I have read the history of Standard Oil (see "Titan" by Ron Chernow, which I have a copy of). The truth is not what the conventional wisdom of it is. You're welcome to read it for yourself. While you're at it, please point to me in that book of an example of the situation described. Or a specific example in any reputable history of Standard Oil, if you prefer. Please also do that for ***mart, whatever company that is.
If it's so searchable, why don't you have a specific case history to post? That's why I asked. It seems everyone has heard vague, non-specific stories about this, but they always vanish like a mirage upon closer examination. Also, I didn't ask for a specific case about *dumping*. I asked for a case where dumping enabled a company to gain a monopoly in a specific market, and used that monopoly position to create a sustained price increase over what it was prior to the dumping.
Your supermarket chain example is not specific. I asked for a case history, not hand waving. Furthermore, none of your handwaving examples are of selling below cost - just that they are below the competitors' prices.
Nope.
1) Standard Oil never raised prices above what they were before they started.
2) Standard Oil dropped kerosene prices 70%, and they stayed down.
3) During the time of the big anti-trust action against S.O., S.O. was rapidly losing market share to competitors.
4) Standard Oil did not sell below cost.
Most of the conventional wisdom about Standard Oil is not supported by the facts.
IE is still free, so that example is not.
I'll bite. Name one case history of predatory pricing where prices were dropped by a giant company below cost, the small competitors were all run out of business, and the giant then raised prices higher than before.
I bet you can't.
Sorry, I found the first SW interesting and engaging back in 1977, despite being silly. The rest of the SW movies were progressively sillier, and less interesting. With Sith, I kept looking at my watch I was so bored.
The Lord of the Rings, now there's a real plot.
At home, I listen to my jukebox using the Turtle Beach Audiotron (which plays WMA files just fine) through my home stereo. At work, I just bring along a cheap usb drive with all the tunes on it, and plug it in to a usb port, and click 'play'. I don't see how that's not oh-so-easy-to-use. But hey, I admit that WMA files are not 'cool' and I'm not 'with it.' As far as I can tell, that's all you're buying with an ipod. I'm old enough to not give a flying f**k. The whole thing reminds me of those old Dr. Pepper advertisements where the viewer was exhorted to join the non-conformists.
I've never understood the hype for the ipod either. I'm not paying $.99 for poor quality DRM'd music. I have 8000 songs on my home jukebox, legally purchased, some in the form of vinyl that I've enjoyed for 30 years. I have no faith that DRM'd music will be playable even 5 years from now. Ipods won't play .wma music; I'm not paying money for someone else's jihad. I don't wear 'ear buds' because they are a major cause of permanent hearing damage. I never carry a music player while jogging because I prefer to hear cars bearing down on me in time to jump out of the way. And those advertisements of dorks silently bee-bopping around with wires coming out of their ears leave me cold.
You've overlooked things like the transistor, plastics, airplanes, jet engines, vulcanization of rubber, cheap steel production, superchargers, electronics, turbines, radio, etc., all came from private enterprise and without which the space program would have been impossible.
Oh, and Goddard's pioneering work in rockets, upon which the V2 was based, was not funded by the government.
Indentured servitude is illegal in this country. The company would have no recourse if you just walked off with your degree and refused to work for them. So they aren't going to offer such a deal.
Even if they could force you to hold up your end of the bargain, what is their recourse if you fail to get the degree?
I think it was Ann Landers who wrote once that smart people talk about ideas, average people talk about events, and dumb people talk about other people.
Yup, contractors have tried that with me, hoping I wouldn't figure out that even though I'd paid for 1000 sq ft, they only delivered 700. I needed to know trig formulas to get it right.