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Old 09-22-2018, 02:18 PM
 
Location: Manchester NH
6,466 posts, read 1,769,221 times
Reputation: 2073

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Quote:
Originally Posted by Oklazona Bound View Post
I watched the video. Of course I remember when they would sell best sellers at a loss. There were lots of online companies at that time that provided their product or service at a loss to gain market share and were funded through their stock. It was a big gamble and most who did this went out of business. Amazon succeeded.

I have been selling on Amazon for about 5 years. Very well run company. It takes me just a few hours a week and I make more that lots of people do with a full time job. And I have Prime which I use several times a week. I read somewhere that there are 100K sellers making at least $100k a year. Its not my primary income but the Amazon money pays all my monthly expenses with money left over.



This kind of thing happens all the time. Look up Jelly Belly's and Crazy Dave. He invented the product and had a small candy plant manufacturer it. They stole his idea and he had to sell out to them or he would have been run out of business. Basically his contract with them was not well written. There should have been a non compete clause but it was not there. The candy company has made billions off of the product over the years. Dave got a relatively small payout. I know the guy because I had a similar business at the time when he was starting out. I had something similar happen to me with my first company. The distribute of my product copied it and basically ruined my business. You live and learn and don't trust anyone.

That is why they have a show called Shark Tank. When you are in business you are competing with sharks. You have to protect yourself or you get eaten alive. I took me my first few years in business to understand this fact.
This whole shark competition your talking about has nothing to do with the free markets, capitalism, or individual liberty. You could read Adam Smith, or any other plethora of laissez faire economists (who I strongly disagree with), this social Darwinism you support has little to do with human nature or economic freedom.

Having large centers of wealth compete for control of the market place, and authority over other businesses is dictatorial at best. Societally it ruins individual freedom and controls communities to a selected group meant to succeed and a selected group that are not meant to.

I donít understand how you could be so blind to what youíre saying.
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Old 09-22-2018, 02:40 PM
 
Location: SF Bay Area
7,675 posts, read 5,655,073 times
Reputation: 7541
Quote:
Originally Posted by rbohm View Post
i think before you follow along with the progressives and excoriate big business, first understand that big business has been with us for many decades, in fact for a number of centuries.


there are things that big business can do that small business cant, and there are things that small business can do that big business cant. for instance, how many cars have you bought that were made by a small business?



and big business cant make all the small parts from those cars they manufacture, so they rely on small business to do that. giant retailers like wal mart do have benefits for smaller communities. for instance when wal mart goes into a small community, they may cause the loss of some jobs, and some small businesses go out of business. but in the long run wal mart actually ADDS jobs to the market. in luray, va for instance the town lost 250 jobs when wal mart came to town, but when wal mart opened up there, 300 people got jobs at wal mart, a net gain of 50 jobs.


with amazon, yes they have large distribution centers, but they also partner with small businesses to supply the things that amazon cant. thus allowing small businesses to a large market place.


instead of just complaining about big business, perhaps you needs to look at them much more closely, and find out what really goes on behind the scenes.
Typical knee-jerk reaction....stemming from fear of appearing to agree with "progressives" even on one issue. I hope you didn't vote for Trump, because you would have had to break stride a dozen different ways to do so.

I know exactly how long Big Business has been with us....and how long it has thus been in competition with Big Government for control of every last heart and mind that walks among us. Sometimes in competition with and sometimes in collusion with. You're deluding yourself if you think for a moment that government carries the bigger stick.

Last edited by CrownVic95; 09-22-2018 at 02:57 PM..
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Old 09-22-2018, 02:45 PM
 
Location: SF Bay Area
7,675 posts, read 5,655,073 times
Reputation: 7541
Quote:
Originally Posted by Oklazona Bound View Post
Government is the antithesis of individual freedom. Essentially you are saying the government should step in and regulate and break up big business.

That is liberal ideology not conservative.

I say let the marketplace decide.
You call it "liberal ideology" because that's what you've been taught to believe and repeat. A handful of mega-power players don't a marketplace make.
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Old 09-22-2018, 03:08 PM
 
Location: Manchester NH
6,466 posts, read 1,769,221 times
Reputation: 2073
Quote:
Originally Posted by CrownVic95 View Post
You call it "liberal ideology" because that's what you've been taught to believe and repeat. A handful of mega-power players don't a marketplace make.
A lot of truth in this one post.
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Old 09-22-2018, 04:06 PM
 
6,780 posts, read 6,866,370 times
Reputation: 6955
Quote:
Originally Posted by CrownVic95 View Post
Typical knee-jerk reaction....stemming from fear of appearing to agree with "progressives" even on one issue. I hope you didn't vote for Trump, because you would have had to break stride a dozen different ways to do so.

I know exactly how long Big Business has been with us....and how long it has thus been in competition with Big Government for control of every last heart and mind that walks among us. Sometimes in competition with and sometimes in collusion with. You're deluding yourself if you think for a moment that government carries the bigger stick.
This is the truth! Too many have allowed partisan politics to render them blind to what's actually going on in this country.
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Old 09-22-2018, 04:09 PM
 
Location: SGV
21,869 posts, read 8,194,211 times
Reputation: 8781
There is no free market...unfortunately.
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Old 09-22-2018, 04:13 PM
 
9,928 posts, read 12,999,084 times
Reputation: 5472
Quote:
Originally Posted by detshen View Post
This is the truth! Too many have allowed partisan politics to render them blind to what's actually going on in this country.
GOP talk radio worshipper: big business=good conservatives, government=bad liberals. Embarrassing for an adult to be this simplistic.
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Old 09-22-2018, 04:36 PM
 
Location: Manchester NH
6,466 posts, read 1,769,221 times
Reputation: 2073
Quote:
Originally Posted by dman72 View Post
GOP talk radio worshipper: big business=good conservatives, government=bad liberals. Embarrassing for an adult to be this simplistic.
They are both problematic to the freedom of the individual.
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Old 09-23-2018, 07:59 AM
 
5,759 posts, read 1,299,185 times
Reputation: 2987
Quote:
Originally Posted by CrownVic95 View Post
You call it "liberal ideology" because that's what you've been taught to believe and repeat. A handful of mega-power players don't a marketplace make.
I call it liberal ideology because that is what it is. Really its more socialist than even mainstream liberal, it mirrors what Bernie Sanders wants. Unfortunately many so called conservatives have bought in on it. The better these companies do it benefits most of us. I know I benefit from the existence of Amazon. The losers at the bottom do not benefit but nothing outside of wealth redistribution will help them. You can either understand how to play the game or just be lost and blame things you don't understand.

So your solution is what? Just verbally condemning them or government regulation? Or do you want to raise corporate taxes? If its more regulation and higher taxes that is what Europe is doing to our big mega power players. Do you agree with their approach?

What should concern you is the amount of the economy controlled by the federal government which is about 35%. Add in socialized health care it will approach 50%. None of these so called mega players controls more than about 1%. Yet you think a few corporations are the problem.

The problem is you conservatives are not any better than liberals as far as spending and taxes go. Just slightly better. I am a libertarian and against the tax and spend mentality both parties have adopted. Now you want to punish corporate America for being successful. I guess you want it to be like Europe. Anemic growth but they do know how to punish the mega power players.

Last edited by Oklazona Bound; 09-23-2018 at 09:26 AM..
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Old 09-23-2018, 08:31 AM
 
5,759 posts, read 1,299,185 times
Reputation: 2987
Quote:
Originally Posted by Winterfall8324 View Post
This whole shark competition your talking about has nothing to do with the free markets, capitalism, or individual liberty. You could read Adam Smith, or any other plethora of laissez faire economists (who I strongly disagree with), this social Darwinism you support has little to do with human nature or economic freedom.

Having large centers of wealth compete for control of the market place, and authority over other businesses is dictatorial at best. Societally it ruins individual freedom and controls communities to a selected group meant to succeed and a selected group that are not meant to.

I don’t understand how you could be so blind to what you’re saying.
Small Business & Entrepreneurship Council

I am in the real world, the business world and have been for decades, you simply read books and watch videos which espouse theories that you agree with.

Who is blind?

America has 30 million businesses. About 6 million have employees working for them. Of that 89% of those businesses have 20 or fewer employees. 99.7% have less than 500 employees.

15 years ago Microsoft dominated the OS world. They even got sanctioned by the feds for forcing people to use their browser. Motorola and Nokia dominated the cell phone business. Now a whole different group of companies have taken over those industries. Look at Netflix. They have moved into where the alphabet TV channels and a few cable outlets controlled. Look at social media is a sector that did not even exist 15 years ago. Look at newspapers who once dominated news. And Walter Cronkite who had a monopoly on the evening news. There is way more competition today in almost every way.

In 15 more years or even less there will be a whole new crop of companies taking the place of many of the above. It will most likely be in the area of automation and AI and in ways we have no way of knowing today. I think 5G will be a big catalyst. What happens in the real world is as companies get bigger they get slower to react to a changing marketplace. Newer companies step in to fill that void. That has played out over and over. IBM dominated computers in the 1960's and 1970's but did not think people would want computers in their homes. Bill Gates saw it and IBM sold him the keys to it. Microsoft dominated for almost 20 years in the personal software area but could not figure out how to monetize software into cell phones yet Google and Apple did. I remember when Bill Gates / Microsoft was the hated villain talking over everything. The browser that the feds said had too much control has fallen by the wayside. A open source freeware product Firefox did it in not regulation.

What a difference 15 years can make. Now they have their niche, like IBM has theirs and it all works out just fine.

There are very smart people in Silicon Valley and in other parts of the country working on this with the motivation that if they are right they will become filthy rich and household names. I call it inspiration you call it greed. Investors are always looking for the next big IPO, the next big thing. That can turn a new idea into a fortune 500 company in just a few short years.



And then 15 years from now you will warn the world that these new innovators are dangerous and about to control everything.

Last edited by Oklazona Bound; 09-23-2018 at 09:48 AM..
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