Message from @vlnc.co

Discord ID: 464907405734445064


2018-07-06 21:30:38 UTC  

the bigger you get the cheaper per unit of x you can buy

2018-07-06 21:30:52 UTC  

but you see... all these big corporations get all sorts of subsidies and kickbacks and other PRIVILEGES from the state

2018-07-06 21:30:57 UTC  

so not really free market

2018-07-06 21:31:02 UTC  

which is why we have antitrust laws

2018-07-06 21:31:14 UTC  

yes that also comes with scale

2018-07-06 21:31:18 UTC  

and i agree is bad

2018-07-06 21:31:34 UTC  

you can buy out politicians if youre huge - shouldnt be able to do that

2018-07-06 21:31:40 UTC  

the thing is..... the bigger a business/corporation/organization gets... the more inefficient it gets

2018-07-06 21:31:58 UTC  

so the easier it is to compete with them from more efficient smaller businesses

2018-07-06 21:32:00 UTC  

Hang on, playing devil's advocate for a moment, why shouldn't you be able to buy out a politician if you've got enough money?

2018-07-06 21:32:33 UTC  

If you've got the money, why not spend it?

2018-07-06 21:32:38 UTC  

Re-invest in the market, as it were

2018-07-06 21:33:01 UTC  

theres really no good examples of truely free market monopolies because free market competition always keeps incumbants in check

2018-07-06 21:33:48 UTC  

morally speaking there is a conflict of interests, since politicians present themselves as serving the people

2018-07-06 21:33:57 UTC  

but interesting question

2018-07-06 21:34:17 UTC  

Yeah, but that doesn't make the act of buying them wrong in and of itself. Their decision to accept the offer is what's wrong, according to that logic.

2018-07-06 21:34:37 UTC  

and big corps "monopolies" lobby for all sorts of regulations in order to quelch competition.... to make the barrier to entry much harder

2018-07-06 21:35:11 UTC  

bcuz big corps can afford it, but small business cannot afford smothering regulations.. so it works in the giants' favor

2018-07-06 21:35:47 UTC  

theres a lot more going on in Venezuela than meets the eye

2018-07-06 21:36:03 UTC  

i think both parties are in the wrong in that situation

2018-07-06 21:36:33 UTC  

Iran is funding lots of evil thuggary and MS13 in S. America

2018-07-06 21:36:51 UTC  

Chavez always talked about "exporting" the revolution, etc

2018-07-06 21:37:08 UTC  

in addition to cost/unit benefits of larger scale, you also have network effects in some industries where ppl naturally tend to bigger networks (like social media)

2018-07-06 21:37:30 UTC  

listen to this video in my response to your video on Venezuela

2018-07-06 21:37:43 UTC  

sure

2018-07-06 21:38:59 UTC  

thats okay tho... vinc.co.... ppl vote with their dollars ..... democracy only belongs in the marketplace.... not from the barrel of a gun

2018-07-06 21:38:59 UTC  

I want Rockefeller back!

2018-07-06 21:39:42 UTC  

Which Rockefeller?

2018-07-06 21:39:48 UTC  

plus as i mentioned..... smaller businesses can compete with them easier bcuz theyre more efficient ... so there will always be an ebb and flow of small/large businesses

2018-07-06 21:39:52 UTC  

so the problem is once monopolies get established they could then in theory now charge whatever they want

2018-07-06 21:40:11 UTC  

and when has that ever happened?

2018-07-06 21:40:30 UTC  

and the funny/ironic thing is......

2018-07-06 21:40:44 UTC  

thats exactly how the government operates already.... arent you concerned about that?

2018-07-06 21:40:47 UTC  

printer ink

2018-07-06 21:40:54 UTC  

Big Oil

2018-07-06 21:40:55 UTC  

tobacco, steel, oil, ...

2018-07-06 21:41:07 UTC  

big oil is a single corporation?

2018-07-06 21:41:13 UTC  

you just listed industries

2018-07-06 21:41:15 UTC  

Some pharmaceutical companies