- Capitalism and Alternatives -


Posted by: Gee ( si ) on March 22, 1999 at 13:13:19:

In Reply to: Finite. posted by Red Deathy on March 22, 1999 at 11:33:28:

: If tehys topped paying, I'd forceablly stop them from using my roads,a nd they'd start to starve, I may not have infinite capacity for price increases, but I can hold productive wealth to randsome.

The only time I can imagine this happening is where the intent of the owner is to lose wealth in favour of malicious power over poeple. Do you really believe so many people are evil, that among them are those able to produce sufficient wealth to buy resources with the purpose of losing the wealth and enjoying the suffering meanwhile? Even then I dount their 'reign' over that property could last long

: Its not hard to smash- you steal ideas

Against property rights if its theft of 'intellectual capital'

:, you buy out members of rival firms,

Same cash flow problem.

: you cut your prices to ensure more willinging susomers, until they go out of business and then you hike. Once a mnopoly is in place, if they're smart, they can hold it...

If theyre smart and they hold its because they service consumers deamnds sufficiently well so that competitors down make a big enough dent into the market. If ford become a monopoly because they keep offering sufficiently good cars and sufficiently low prices (to at once ward off competitors, yet somehow build up enough capital to tak over others or beat them in price wars) who wins? The consumer. Those competitors wont stop coming, every day for ever more the monopolist has to gain sufficient revenue from the market in order to stay on top - and that means making what people choose to buy.

: So it mightn't be that Capitalism and capitalists require a regulatory state to ensure competition continues?

They dont, govt requires regs & controls to keep the producers on a leash (for milking) and big national crony companies need it to keep out their superior competitors.

: Marginally richer is niether here nor there. So long as teh super rich get super richer.

If my wealth were to double and a billionaire wealth were to double we'd both be signicantly better off. Why am I to worry over the billionaire?

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