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Old 09-02-2016, 01:22 PM
 
9,911 posts, read 7,704,457 times
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So I feel I support some ideas of the Libertarians when it comes to business. However, our State sets a minimum liquor price and set hours for liquor store to sell liquor. The justification on this is large liquor stores with multiple stores can sell cheap liquor and open/close whenever they like making more money. Where a smaller liquor store cam not lower prices to compete with larger businesses or stay open late due to cost.

I don't agree with regulating businesses, but have to agree with this government interference.

Only reason I mention is some of the larger liquor stores are going against the State and selling liquor at lower prices then the minimum.

What's your thoughts on this? Should government interfere or let small businesses fail?
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Old 09-02-2016, 01:36 PM
 
Location: The ends DO NOT justify the means!!!
4,783 posts, read 3,743,613 times
Reputation: 1336
Government interference, read aggression, is never justifiable. As to the evils of big "business" and "corporations" and our supposed "capitalism", those evils are created by government interference. It is government that gave fictional entities like "business" and "corporate" entities "rights" and "protections". It is government that creates the "regulations" which are so costly that small businesses cannot compete with large ones. In reality it is large business who essentially create the laws which favor and protect them from real competition. And finally it is government which created and gave a monopoly to the money cartel to dictate everything that ultimately takes place in this nation. The central banking families and their corporate friend are omnipotent rulers over the rest of the population. But that is just my opinion ��
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Old 09-02-2016, 01:47 PM
 
4,491 posts, read 2,226,625 times
Reputation: 1992
Quote:
Originally Posted by RunD1987 View Post
So I feel I support some ideas of the Libertarians when it comes to business. However, our State sets a minimum liquor price and set hours for liquor store to sell liquor. The justification on this is large liquor stores with multiple stores can sell cheap liquor and open/close whenever they like making more money. Where a smaller liquor store cam not lower prices to compete with larger businesses or stay open late due to cost.

I don't agree with regulating businesses, but have to agree with this government interference.

Only reason I mention is some of the larger liquor stores are going against the State and selling liquor at lower prices then the minimum.

What's your thoughts on this? Should government interfere or let small businesses fail?
The question you're asking applied to everything. A smaller hardware store can't compete with Lowe's or Home Depot, and there's no government regulation on the cost of nails. Well, that's not entirely accurate. They can compete in customer service. A friend of mine used to work for Lowe's and he told me a little secret that isn't really a secret: none of the Lowe's employees have any ****ing clue what they're talking about. A few might no something here or there by chance, but the reality is, they don't know what paint to recommend because there's no requirement for them to do so. What he told me, actually, was that when asked what product to get, to just recommend both the cheapest and more expensive brand, while pointing out that the more expensive one is probably higher quality.

Now, you'll get this at a mom and pop hardware store too, but they may be a little more expecting of their employees than Lowe's would be, since they just need to stroke their investors.

Basically, every small business on Earth has better customer service than the larger stores, and the one's that don't stay in business for a few months at best.

I am not a Libertarian. I respect them as I think they're more principles than say, Republicans, but I just don't agree with their principle. I do support government regulation on pricing for certain things. Alcohol actually wouldn't be one of them, but food and medicine would be. Setting a maximum price would be reasonable in my mind. That price obviously shouldn't be too low, but when a company ups the price of medicine by 700% (which actually happened), I'd call that pure evil and they should be punished. Martin Shkreli is worse than every member of ISIS, in my mind. At least ISIS can be pissed about western countries being involved in the Middle East. Shkreli just wanted money because he's a prick. As far as non essentials, plenty of people prefer to go to smaller local banks, hardware stores, and bakeries because they customer service is better and sometimes the product quality is higher. They actually do have viable ways to compete. I also think taxation should favor small businesses over big business, which is hard since big business essentially decides the tax rate because democarcy stopped being important, apparently.
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Old 09-02-2016, 01:49 PM
 
22,768 posts, read 30,742,017 times
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Quote:
Originally Posted by RunD1987 View Post
What's your thoughts on this? Should government interfere or let small businesses fail?
Let all businesses fail, including small businesses, if they cannot compete.

I'm open to the idea of exceptions, but liquor stores (as well as retail in general) does not seem to be an exception.
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Old 09-02-2016, 04:27 PM
 
Location: Missouri
4,272 posts, read 3,789,104 times
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Since a principle of market economics is to screw or get screwed, the market needs a regulator to limit the screwing to that of mutual consent.
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Old 09-02-2016, 04:50 PM
Status: "everybody getting reported now.." (set 25 days ago)
 
Location: Pine Grove,AL
29,561 posts, read 16,552,753 times
Reputation: 6043
Quote:
Originally Posted by skepticratic View Post
The question you're asking applied to everything. A smaller hardware store can't compete with Lowe's or Home Depot, and there's no government regulation on the cost of nails. Well, that's not entirely accurate. They can compete in customer service. A friend of mine used to work for Lowe's and he told me a little secret that isn't really a secret: none of the Lowe's employees have any ****ing clue what they're talking about. A few might no something here or there by chance, but the reality is, they don't know what paint to recommend because there's no requirement for them to do so. What he told me, actually, was that when asked what product to get, to just recommend both the cheapest and more expensive brand, while pointing out that the more expensive one is probably higher quality.

Now, you'll get this at a mom and pop hardware store too, but they may be a little more expecting of their employees than Lowe's would be, since they just need to stroke their investors.
The 2 bold areas are an oversimplification and to be honest, just not true.

the truth of the matter is that when new products come in, some one is responsible for being knowledgeable about that product. That person is then supposed to report that information to their coworkers. Whether that gets done is a different story.

Basically, every small business on Earth has better customer service than the larger stores, and the one's that don't stay in business for a few months at best.
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Old 09-03-2016, 11:09 AM
 
Location: Madison, WI
5,302 posts, read 2,356,621 times
Reputation: 1230
Quote:
Originally Posted by geofra View Post
Since a principle of market economics is to screw or get screwed, the market needs a regulator to limit the screwing to that of mutual consent.
How is people trading voluntarily "screwing" or "getting screwed"? Are you saying people can't make their own choices and must have someone telling them what deals to make and which ones they aren't allowed to make?
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Old 09-03-2016, 11:14 AM
Status: "everybody getting reported now.." (set 25 days ago)
 
Location: Pine Grove,AL
29,561 posts, read 16,552,753 times
Reputation: 6043
Quote:
Originally Posted by T0103E View Post
How is people trading voluntarily "screwing" or "getting screwed"? Are you saying people can't make their own choices and must have someone telling them what deals to make and which ones they aren't allowed to make?
The use of the phrase principle was wrong.

What he should have said was that being screwed is indeed an outcome of that system in some cases as we need government oversight because there is not always an alternative.

Look at Hurricanes and gas prices. If there is a Category 5 headed your way and every gas station is charging 20 dollars a gallon, are you not being screwed without an alternative( the ability to make a choice) since gas is an inelastic good ?
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Old 09-03-2016, 11:32 AM
 
Location: Madison, WI
5,302 posts, read 2,356,621 times
Reputation: 1230
Quote:
Originally Posted by dsjj251 View Post
The use of the phrase principle was wrong.

What he should have said was that being screwed is indeed an outcome of that system in some cases as we need government oversight because there is not always an alternative.

Look at Hurricanes and gas prices. If there is a Category 5 headed your way and every gas station is charging 20 dollars a gallon, are you not being screwed without an alternative( the ability to make a choice) since gas is an inelastic good ?
First, I'll say that I'm not an expert on the petroleum industry, the regulatory environment, and a lot of other factors going into this. It all has an effect on the situation. I also wonder how they all uniformly set the same price...I suppose they technically could, but what's stopping one from lowering the price a bit so people flock to their gas station? In that case it would be a race to the lowest price, since they're still all competing against each other.

Secondly, I'll add that the principle behind libertarianism is the non-initiaton of force. Even if we just assume for the sake of argument that this scenario would happen in a truly free market, I would not advocate resorting to violence against a non-violent person. It really comes down to whether they are initiating force or not. If they are, force is justified in return.
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Old 09-03-2016, 11:56 AM
 
Location: Newport Beach, California
39,232 posts, read 27,618,080 times
Reputation: 16072
Quote:
Originally Posted by RunD1987 View Post
So I feel I support some ideas of the Libertarians when it comes to business. However, our State sets a minimum liquor price and set hours for liquor store to sell liquor. The justification on this is large liquor stores with multiple stores can sell cheap liquor and open/close whenever they like making more money. Where a smaller liquor store cam not lower prices to compete with larger businesses or stay open late due to cost.

I don't agree with regulating businesses, but have to agree with this government interference.

Only reason I mention is some of the larger liquor stores are going against the State and selling liquor at lower prices then the minimum.

What's your thoughts on this? Should government interfere or let small businesses fail?
A return to free market principles eliminates the bold which is the cause of monopoly. In free market (100% free market with very little government intervention) competition would be allowed, and there would be no means for the existing monopolist to use the state to block competitors. Such monopolies would either delight all consumers, or would be short-lived.
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