lol i'm black dude i swear haha
You're black and you're a vegan. Which is correct?
lol i'm black dude i swear haha
All black people worldwide? That's a lot of different groups. I couldn't possibly group them all into a single or even 5 similar groupings to talk about with any common theme. Some are much more civilized than others.Luke, what do you think about black people? Please be honest, I won't be offended and I won't hold it against you.
Not theories bro. Pretty much ripped directly from Mises.org.I have plenty of follow-up questions to your theories but I won't bother.
Why am I not surprised you posted more sci-fi?Good luck with all of your anarchy bros!
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In the crony capitalism we have today, a monopoly can be a very bad thing because it is USING the power of the state to keep its' competition down.Anarchy is simply implausible. I'm curious about how exactly you would regulate monopolies that would otherwise turn the whole world into a shithole...
In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion. There are factors that cause a producer’s average cost per unit to fall as the scale of output is increased. "Economies of scale" is a long run concept and refers to reductions in unit cost as the size of a facility and the usage levels of other inputs increase.
The simple meaning of economies of scale is doing things efficiently. The common sources of economies of scale are purchasing (bulk buying of materials through long-term contracts), managerial (increasing the specialization of managers), financial (obtaining lower-interest charges when borrowing from banks and having access to a greater range of financial instruments), marketing (spreading the cost of advertising over a greater range of output in media markets), and technological (taking advantage of returns to scale in the production function). Each of these factors reduces the long run average costs (LRAC) of production by shifting the short-run average total cost (SRATC) curve down and to the right.
Economies of scale is a practical concept that may explain real world phenomena such as patterns of international trade, the number of firms in a market, and how firms get "too big to fail." The exploitation of economies of scale helps explain why companies grow large in some industries. It is also a justification for free trade policies, since some economies of scale may require a larger market than is possible within a particular country — for example, it would not be efficient for Liechtenstein to have its own car maker, if they would only sell to their local market. A lone car maker may be profitable, however, if they export cars to global markets in addition to selling to the local market. Economies of scale also play a role in a "natural monopoly."
The standard economic case against monopoly is that, with the same cost structure, a monopoly supplier will produce at a lower output and charge a higher price than a perfectly competitive industry. This leads to a net loss of economic welfare and efficiency because price is driven above marginal cost - leading to allocative inefficiency.
You and your Keynesian sources are simply confusing a symptom of monopolies (advanced economy of scale) for the evil that current day monopolies do. They aren't related. You're being scared of freedom for no logical reason.
Who cares if walmart is offering the best prices and it's hard to compete with them? There will be nothing artificially holding them in place at the top; they'll have EARNED the top, meanwhile if someone comes along and figures out a better system to sneak past them and fairly compete, they can do so...
But the important part is, the consumers win either way. No matter what the consumers get the best product available at the best price. Every. Single. Day.
When you use the government to deny monopolies, you're choosing which business can succeed and which can't. That's unnatural, and CONSUMERS LOSE. EVERY. SINGLE. DAY.
why are you people so fucking racist? i'm legit embarrassed.
You don't. And that's a GOOD thing.Since economies of scale (monopolies) are able to produce high quality goods at a cheaper rate than local businesses/other competitions, how on earth would we be able to regulate them in an anarchy?
Free markets. That's it and that's all... And that's enough.How would we prevent BP from having another oil spill, causing billions of dollars and saying tough shit?
Bhopal is the largest industrial accident ever, but it is not without its' ties to the state. (States actually, not just India.)
Again, free markets. If they're truly free then people can much more easily "vote them out" with their purchasing decisions.Without an authority to regulate massive companies, who would protect people form being fucked?
Huge lawsuits, as usual. But instead of a state-appointed court system, it would be a private arbitrar like these guys: Internet Arbitration | Judge.meWhat about drug companies that refuse to disclose harmful side effects?
Squelching the media is something the government does, not J&J.They would still make billions and squelch the media that would try to show the ill effects of the drugs.
You keep asking the same questions over and over and fail to hear the answer here. Without the governmnent, these things you fear can't get 1/100th as bad as they do now. Therefore, get rid of the government, seek private solutions to any remaining problems, and enjoy a society that is far, far more fair, free, and peaceful than the one you see before you today.I'm asking you HOW you would prevent companies that are on the pursuit of profit by any means from trampling over people.
Not theories bro. Pretty much ripped directly from Mises.org.
With no state, a monopoly is toothless. It can't keep its' competitors down for long; Any kid in a garage can invent a better product and take it to compete in a fair marketplace against the monopoly.
The better product will always win if the market is truly free.
monopolies stop being a bad thing without government intervention
Free markets. That's it and that's all... And that's enough.
Squelching the media is something the government does, not J&J.
Without the governmnent, these things you fear can't get 1/100th as bad as they do now.
You don't. And that's a GOOD thing.
My point has been above that monopolies stop being a bad thing without government intervention... So of course using government intervention on them (regulation) defeats the purpose.
*Explain*!!Free markets. That's it and that's all... And that's enough.
Accident??Bhopal is the largest industrial accident ever, but it is not without its' ties to the state. (States actually, not just India.)
Tl;DR - A company cut corners to increase profits because they were operating in a 3rd world environment. This happens constantly from the BP oil spill in Nigeria to mines in south africa. The simple fact is with corruption and no government oversight, corporations do everything in their power to maximize profit and minimize costs. The end result is a huge environmental and labor drain.In 1998, during civil action suits in India, it emerged that the plant was not prepared for problems. No action plans had been established to cope with incidents of this magnitude. This included not informing local authorities of the quantities or dangers of chemicals used and manufactured at Bhopal.[4][5][13][20]
Previous warnings and incidents
- The MIC tank alarms had not worked for four years.[4][5][13][25]
- There was only one manual back-up system, compared to a four-stage system used in the United States.[4][5][13][25]
- The flare tower and several vent gas scrubbers had been out of service for five months before the disaster. Only one gas scrubber was operating: it could not treat such a large amount of MIC with sodium hydroxide (caustic soda), which would have brought the concentration down to a safe level.[25] The flare tower could only handle a quarter of the gas that leaked in 1984, and moreover it was out of order at the time of the incident.[4][5][13][26]
- To reduce energy costs, the refrigeration system was idle. The MIC was kept at 20 degrees Celsius, not the 4.5 degrees advised by the manual.[4][5][13][25]
- The steam boiler, intended to clean the pipes, was out of action for unknown reasons.[4][5][13][25]
- Slip-blind plates that would have prevented water from pipes being cleaned from leaking into the MIC tanks through faulty valves were not installed. Their installation had been omitted from the cleaning checklist.[4][5][13]
- The water pressure was too weak to spray the escaping gases from the stack. They could not spray high enough to reduce the concentration of escaping gas.[4][5][13][25]
- According to the operators, the MIC tank pressure gauge had been malfunctioning for roughly a week. Other tanks were used, rather than repairing the gauge. The build-up in temperature and pressure is believed to have affected the magnitude of the gas release.[4][5][13][25] UCC investigation studies have disputed this hypothesis.
- Carbon steel valves were used at the factory, even though they corrode when exposed to acid.[20]
- UCC admitted in their own investigation report that most of the safety systems were not functioning on the night of December 3, 1984.[17]
- The design of the MIC plant, following government guidelines, was "Indianized" by UCIL engineers to maximize the use of indigenous materials and products. Mumbai-based Humphreys and Glasgow Consultants PVT. Ltd. were the main consultants, Larsen & Toubro fabricated the MIC storage tanks, and Taylor of India Ltd. provided the instrumentation.[27]
A series of prior warnings and MIC-related incidents had occurred:
- In 1976, the two trade unions reacted because of pollution within the plant.[5][21]
- In 1981, a worker was splashed with phosgene. In panic he ripped off his mask, thus inhaling a large amount of phosgene gas; he died 72 hours later.[5][21]
- etc... you'll have to read on wikipedia. too many characters in this post.
Again, free markets. If they're truly free then people can much more easily "vote them out" with their purchasing decisions.
Huge lawsuits, as usual. But instead of a state-appointed court system, it would be a private arbitrar like these guys: Internet Arbitration | Judge.me
Squelching the media is something the government does, not J&J.
You keep asking the same questions over and over and fail to hear the answer here. Without the governmnent, these things you fear can't get 1/100th as bad as they do now. Therefore, get rid of the government, seek private solutions to any remaining problems, and enjoy a society that is far, far more fair, free, and peaceful than the one you see before you today.