This BP accident is being used as an affront against capitalism. The oil industry is an Oligopoly. An example of a fairly competitive market would be the T-shirt market.
Oil industry ≠ competition
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toastedbread01SBR Wise Guy
- 04-06-07
- 753
#1Oil industry ≠ competitionTags: None -
Carseller4SBR Posting Legend
- 10-22-09
- 19627
#2Bill O'Reilly would be proud!Comment -
Sunde91SBR Hall of Famer
- 11-26-09
- 8325
#3Yes, the state is the primary reason these corporations are created and sustained in the first place.
The state creates barriers to entry and reduces competition through: enforcing absurd regulations, enforcing copyright/patents, forcing business owners to have all these licenses (even for a menial profession like cosmetology), taxing, making it difficult to acquire rescources, etc, etc. The state also gives into corporate lobbyists and sides in their favor in law suits, sells them land, makes it particularly difficult for other businesses in the market, turns a blind eye to violations to their own regulations while enforcing them for other businesses, etc.Comment -
maersksealandSBR MVP
- 09-17-09
- 1673
#4Originally posted by Sunde91Yes, the state is the primary reason these corporations are created and sustained in the first place.
The state creates barriers to entry and reduces competition through: enforcing absurd regulations, enforcing copyright/patents, forcing business owners to have all these licenses (even for a menial profession like cosmetology), taxes, etc, etc. The state also gives into corporate lobbyists and sides in their favor in law suits, sells them land, makes it particularly difficult for other businesses in the market, etc.
...and the big corporations get tax and regulations exemptions...and when all this fails, they get a bailout.Comment -
toastedbread01SBR Wise Guy
- 04-06-07
- 753
#5Originally posted by Sunde91Yes, the state is the primary reason these corporations are created and sustained in the first place.
The state creates barriers to entry and reduces competition through: enforcing absurd regulations, enforcing copyright/patents, forcing business owners to have all these licenses (even for a menial profession like cosmetology), taxing, making it difficult to acquire rescources, etc, etc. The state also gives into corporate lobbyists and sides in their favor in law suits, sells them land, makes it particularly difficult for other businesses in the market, turns a blind eye to violations to their own regulations while enforcing them for other businesses, etc.Comment -
Sunde91SBR Hall of Famer
- 11-26-09
- 8325
#6Originally posted by toastedbread01I think licensing is mainly done to increase union membership. I do agree with the gist of your post. http://en.wikipedia.org/wiki/Craft_unionComment -
toastedbread01SBR Wise Guy
- 04-06-07
- 753
#7Originally posted by Sunde91? They are positive facts. And why make a thread that is seemingly pro-capitalist and then NOT agree with the facts that hinder capitalism? /cluelessComment -
Sunde91SBR Hall of Famer
- 11-26-09
- 8325
#8Thought you said didn't. Tired, /cluelessComment
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