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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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Hahaha no organization. That's funny. I don't. I freely admit that there will be issues, and it could fail miserably. I also admit when I'm espousing something that's pure conjectural and may develop incredibly differently than I can imagine when left to natural devices. I'm not the one saying moral transgressions go to mixed market democracies once they get kicked out of the libertarian utopia. Edited by Equality 7-2521 - July 16 2013 at 07:05 |
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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Gerinski ![]() Prog Reviewer ![]() ![]() Joined: February 10 2010 Location: Barcelona Spain Status: Offline Points: 5154 |
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Ah, I already saw how, forget about it.
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The T ![]() Special Collaborator ![]() ![]() Honorary Collaborator Joined: October 16 2006 Location: FL, USA Status: Offline Points: 17493 |
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Don't present these policies as an expression of unselfishness. They might be good or not, better than a system without a safety net or not (I think is good to have this net), but it has NOTHING to do with selfishness and unselfishness. |
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rogerthat ![]() Prog Reviewer ![]() Joined: September 03 2006 Location: . Status: Offline Points: 9869 |
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The article only deals with monopolies in public utilities. These are often created by govt fiat. I am interested in monopolies attained by a dominant company. Don't get me wrong, I am interested in competition. And in my view, for competition to exist, things like caps on marketshare and a bar on hostile takeovers are necessary to stop big business from misusing its clout. In other words, maintaining free market conditions may actually require anti-monopoly rules. Because in the absence of which, there's nothing to stop the big shark from swallowing all the small fish and controlling the entire market.
None of the aforementioned have seriously threatened MS's domination in operating system and draft/spreadsheet software. And that will continue to be the case until somebody, well, acquires Microsoft or it just goes bust on its own (which could take a very long time for a company of its might). The reason is that MS Office is akin to a common business language today. Making your documents in any other software just creates hassles for everybody else. Back in the 90s, we had Lotus Smartsuite on our home PC. We had no complaints with the software at all and Lotus 1-2-3 was better than the then prevailing version whatever of Excel. But it was totally useless for any official work dad needed to do on word or excel. Eventually we had to shift to MS and have stayed with it since then. More recent versions aren't so bad but in earlier ones, we had to grin and bear its bugs, watch important excel documents getting corrupted for no good reason and we had no choice. Now, I don't see how any govt legislation could have stopped this happening but all I want to point out is there is nothing in a free market to stop one company from completely gobbling up the market. I am afraid economic theories - at least the old ones - don't stress the role of finance enough and finance makes all the difference. The man with the largest purse wins, period - and quality be damned.
I don't know if this will really throw light on the matter but here is a link anyway: http://www.mid-day.com/entertainment/2012/nov/031112-Jab-Tak-Hai-Jaan-and-Son-of-Sardaar-makers-slug-it-out.htm Basically, Yash Raj Films signed a deal with distributors typing up the right to show one of their films, Ek Tha Tiger, with an obligation to show the other, Jab Tak Hai Jaan. In doing so, they shut out another film, Son of Sardaar, releasing on the same Friday as JTHJ. The matter went to court and Yash Raj prevailed because the distributors had not been actually coerced into signing up for it. But such practices by their nature are monopolistic and deny a fair chance to the competition to distribute their film. Yash Raj have been notorious for crowding out other film makers from the market. And their pockets are deep enough for them to afford it. Sounds familiar?
1) The MNCs get in there as govt liberalises foreign investment norms to make it easier for them to enter the market. It's as simple as that. The more India opens up its economy, the more it is exposed to MNC presence. It is even touted as something desirable for the economy and I would not say either that it's an entirely bitter pill. 2) Well, the MNCs need lawyers and accountants to work around the legal system. If the legal system was more open, i.e., closer to the textbook definition of a free market, it would be even easier for them to set up shop. After all, who can stop somebody wanting to set up shop and start business in a laissez faire system if he can afford it? It is only because there are caps on the percentage of FDI that can be invested in a single company venture that they need to pay all these folks to work out the best possible way to get in. 3) I am not sure you got it, so let me make it clearer. Thums Up is still the biggest brand in India. Right, Coke purchased the brand but they did not kill it. They simply own the brand and reap the benefits of its popularity in the market. People still prefer Thums up, it just happens to be a Coke brand now. The profits that would have once accrued to a domestic company are now in all probability repatriated to Cayman Islands or some other such tax haven, with some tax deduction at source, of course.
I think America was originally one of the ideal countries for libertarianism, because it was an unexplored landmass to begin with, with vast natural resources to be exploited by zealous immigrants. Maybe some of that DNA still remains in the country, that I cannot tell. But some libertarian ideas could be very disruptive in an old and entrenched society like India and would probably serve to fill the pockets of its existing tycoons and landlords (and of course the politicians) even more. Possibly Gerinski's reservations about libertarianism are also for similar reasons. The social order is quite different in older societies so the opportunities thrown up by de-regulation cannot be so easily grasped by upstarts. They tend to get browbeaten by the old boys network eventually. Communism was most powerful in Russia and it is again an old society with royalty and all that. People want social, rather than economic, de regulation in such places and, unfortunately, socialism and communism have offered solutions (workable or not) in this regard, not capitalism. They want the rich to be cut down to size a little bit lest they start believing themselves to be demi gods. It's not jealousy, which is how Americans often interpret it. It is simply desperation.
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Gerinski ![]() Prog Reviewer ![]() ![]() Joined: February 10 2010 Location: Barcelona Spain Status: Offline Points: 5154 |
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That's it, it started as a (rather) Libertarian state, most probably the closest to a Libertarian experimental state we have had in documented history. So what has it evolved into? in the utopia society its Libertarian forefathers dreamed of? Yes a lot of wealth, but as I said before I would think it naive to attribute that simply to the libertarian policies and mentality of Americans. And besides wealth, is it a perfect society?
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Padraic ![]() Special Collaborator ![]() ![]() Honorary Collaborator Joined: February 16 2006 Location: Pennsylvania Status: Offline Points: 31169 |
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Far from it - but what on this earth is?
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dtguitarfan ![]() Forum Senior Member ![]() ![]() Joined: June 24 2011 Location: Chattanooga, TN Status: Offline Points: 1708 |
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See, this is why non-Libertarians tend to treat Libertarians like you're crazy. You complain about that, but you need to understand why it is. Because it seems like you expect our theories to work PERFECTLY, but then you admit that your theories have never been put into practice, nor do you expect them to work perfectly. So why is it that you have to completely break our system of government and wreak havoc on the economy all for the sake of an unproven theory that you know won't work perfectly? Surely there is a way that we can make progress a little bit at a time without causing so much damage along the way? |
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Padraic ![]() Special Collaborator ![]() ![]() Honorary Collaborator Joined: February 16 2006 Location: Pennsylvania Status: Offline Points: 31169 |
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Not to go all Travis Bickle on you, but are you talking to me?
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Gerinski ![]() Prog Reviewer ![]() ![]() Joined: February 10 2010 Location: Barcelona Spain Status: Offline Points: 5154 |
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I mean, the US are already the closest image we have of what the end-product a Libertarian system generates looks like, among all we have on present Earth, and you can compare it to other societies which have evolved under different paradigms. If you like the current US society much better than any other in the world, you have a point for supporting Libertarian policies. If you don't like the kind of society the US has become, then it should be a warning sign that Libertarian policies are not the panacea some think they are.
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Padraic ![]() Special Collaborator ![]() ![]() Honorary Collaborator Joined: February 16 2006 Location: Pennsylvania Status: Offline Points: 31169 |
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Sort of a false dichotomy, isn't it? I think the US of the late 19th/early 20th century was probably the closest to a Libertarian system. It's far from that now, even though it is still to the "right" of European social democracies.
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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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That doesn't really make any sense. |
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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Gerinski ![]() Prog Reviewer ![]() ![]() Joined: February 10 2010 Location: Barcelona Spain Status: Offline Points: 5154 |
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Might it be a sign that Libertarian societies do not last for long and tend to naturally degenerate into power-based (while not social at all) societies?
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Gerinski ![]() Prog Reviewer ![]() ![]() Joined: February 10 2010 Location: Barcelona Spain Status: Offline Points: 5154 |
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Why? Isn't it true that the US started as the most Libertarian country in recent history?
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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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Sure. It also started as a country with Washington as President. You can't conclude that if you don't like the way the country is being run now, then Washington must have run the country poorly. |
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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Gerinski ![]() Prog Reviewer ![]() ![]() Joined: February 10 2010 Location: Barcelona Spain Status: Offline Points: 5154 |
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Of course not, we can only conclude that what started with Washington has eventually evolved into the current US, without it being Washington's fault. This does not mean either that if we re-run the experiment 100 times it will 100 times evolve into what current US is, we do not know, it only means that for once it was tried, this is what happened.
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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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^That's all fine and I agree, but let's not get side tracked.
From that same reasoning we know that the current troubles/successes of the US have no relation to Libertarianism simply because the country was once the most Libertarian in the modern world or whatever. |
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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Gerinski ![]() Prog Reviewer ![]() ![]() Joined: February 10 2010 Location: Barcelona Spain Status: Offline Points: 5154 |
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Not 'simply' but I suspect that the Libertarian ideology origins have had a significant role in shaping the current US society (I can't provide proof, sorry). 'I can grow out of nothing and become the master of the world and tell everybody else what I want them to do and they have to follow' sort of stuff.
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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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Sure. But then others things wouldn't have been affected. It's a case by case thing. You can't aggregate it.
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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Gerinski ![]() Prog Reviewer ![]() ![]() Joined: February 10 2010 Location: Barcelona Spain Status: Offline Points: 5154 |
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I clearly said 'I suspect' and 'I can't provide proof'.
The only thing I'm trying to portray is that, in the recent world's history's most notorious attempt to start a Libertarian society (the US) the end results of the try are not what idealist Libertarians thought they would be.
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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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Because as I've been trying to say, despite the original intentions (though I would argue even then that they weren't so libertarian) the US has not progressed in a Libertarian fashion and clearly throughout the years it has shifted to a country with an entirely different type of government as its goal which has nothing to do with the initial state of the system so to speak.
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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