In a free market society, when one class becomes top heavy in wealth, game over.

[Ethnic Vagina Finder]

a free market society is designed to benefit people who make the most money and once you are on top (by defeating competion), the goal is to stay on top.

Imagine player poker with 5 people. You and 2 people have $1,500 in chips, one player has $50,000 and one player has 2 million. The one with the two million now has the resources and time to crush the table with ease. They take more risks. they treat money differently.

Free market capitalism is like an organism that evolves and grows. That's why I at republicans that bytch about jobs going over season and ya da ya da do. It is what it is. The game is the game.

I also at americans that say buy usa and want to keep jobs in the U.S. not knowing that "made in China" keeps shyt cheap.

 

[OsO]

I also at americans that say buy usa and want to keep jobs in the U.S. not knowing that "made in China" keeps shyt cheap.

there is no long term stability in outsourcing manufacturing jobs. we need that money to go to the pipeline of US manufacturers.

then the person who designed the product, the person who collected the raw material, the person who assembled the product, and the persons involved in marketing and selling the product, ALL make a come up.

thats community economics... whats good for the community is good for the individual, and whats good for the individual is good for the community... its a win-win

 

[Tony_Siegel]

there is no long term stability in outsourcing manufacturing jobs. we need that money to go to the pipeline of US manufacturers.

then the person who designed the product, the person who collected the raw material, the person who assembled the product, and the persons involved in marketing and selling the product, ALL make a come up.

thats community economics... whats good for the community is good for the individual, and whats good for the individual is good for the community... its a win-win

going off of your explanation of community economics... do community economics translate into growth for the global community?

 

[Sensitive Blake Griffin]

going off of your explanation of community economics... do community economics translate into growth for the global community?

Mondragon Corporation - Wikipedia, the free encyclopedia

 

[ogc163]

The "buy U.S.A." mantra is dumb as hell, there is no problem with buying products that are cheaper and/or more effective simply because they were made outside the USA.

 

[radio rahiem]

there's still factories in the usa to buy usa made products?

 

[Sensitive Blake Griffin]

yall really need to checkout mondragon for alternative ways to run businesses. Every member of their business holds 1 share of the company. Even the CEO has 1 share. They've had massive success because when you hold an equal stake in a company, you actually care about the work you're doing.

 

[714562]

This is true for any society.

Large concentrations of wealth -- and when I say large, I mean something like disproportionately large in comparison to the requisite population's function in society -- undermine the rule of law.

But the free market is not a necessary condition for this to be true.

The key is figuring out the balance between preserving the rule of law and allowing people to make rational free market choices that, over time, will create wealth and prosperity.

 

[Serious]

I also at americans that say buy usa and want to keep jobs in the U.S. not knowing that "made in China" keeps shyt cheap.

I think zero zero, touched upon this concept in a podcast. Paying a couple(few) dollars extra to support a product you like shouldn't be a big deal. But America has this concept of getting everything on the low, low or undercutting the competition, which is the idea of a free market. The long term effects are also "insurmountable" (bad for some businesses), in the grand scheme of things. Point blank, we need to quit being cheap about supporting / buying certain products that we like.

For example, you can go to Walmart and buy a TV for a fraction of what it would cost at a local appliance store or any other chain. But at the same time, Walmart essentially crushes all the other competition. Causing these businesses to fail and contributing to unemployment. Not to mention, people who work for walmart are unable to make adequate(liveable $15/hr) wages; which they might have received at another store. Why? Because we wanted to save a couple extra $$.

I mean it's a slippery slope

 

[714562]

yall really need to checkout mondragon for alternative ways to run businesses. Every member of their business holds 1 share of the company. Even the CEO has 1 share. They've had massive success because when you hold an equal stake in a company, you actually care about the work you're doing.

The Mondragon example is instructive, but not always applicable. Look at the kind of businesses they have under their umbrella. It's either high-tech, high-skill design/manufacturing or services. I doubt the model can work to create an economy of scale in the truest sense.

 

[Ethnic Vagina Finder]

I think zero zero, touched upon this concept in a podcast. Paying a couple(few) dollars extra to support a product you like shouldn't be a big deal. But America has this concept of getting everything on the low, low or undercutting the competition, which is the idea of a free market. The long term effects are also "insurmountable" (bad for some businesses), in the grand scheme of things. Point blank, we need to quit being cheap about supporting / buying certain products that we like.

For example, you can go to Walmart and buy a TV for a fraction of what it would cost at a local appliance store or any other chain. But at the same time, Walmart essentially crushes all the other competition. Causing these businesses to fail and contributing to unemployment. Not to mention, people who work for walmart are unable to make adequate(liveable $15/hr) wages; which they might have received at another store. Why? Because we wanted to save a couple extra $$.

I mean it's a slippery slope

Brick and Mortar companies are dying because consumers are going online to buy shyt for cheap. Black Friday thousands of people wait outside to buy cheap shyt.

Wages are not keeping up with rising costs of basic stuff so that's just the way it is.

 

[Serious]

Brick and Mortar companies are dying because consumers are going online to buy shyt for cheap. Black Friday thousands of people wait outside to buy cheap shyt.

Wages are not keeping up with rising costs of basic stuff so that's just the way it is.

I know we're kind of born into this notation of free market capitalism, instant gratification and not paying full price for certain entities. It's like a crab in the barrel mentality. Honestly, I traveled to a few countries where people literally won't support certain forms of commercialism. If my more people had zero zero's mindset, would we really be debating about overseas companies, taking away jobs and what not.....

Actually there's towns in the mid-west that won't support large chains. You'll see family restaurants and businesses that have been around for ages, because people refuse to go anywhere else.

The problem is also us as consumers, essentially you can't have your cake and it too. If that makes any sense.....

 

[Mowgli]

Yea but what if you go to the guy with the chips, punch him in the face and take his chips.

 

[Sensitive Blake Griffin]

The Mondragon example is instructive, but not always applicable. Look at the kind of businesses they have under their umbrella. It's either high-tech, high-skill design/manufacturing or services. I doubt the model can work to create an economy of scale in the truest sense.

Why can't that work in any form of business dude? The simple principle behind it is that it makes its workers invested in the company and therefore they perform much better and it makes the business excel. Do you know the history of Mondragon? They build that shyt up from absolutely nothing after Hitler bombed their entire village because the spanish King didn't like their people.

 

[Hardest Since MC Ren]

John hires 100 employees to make product X

When he loses the ability to compete with hundreds of other companies making the same product...what is he supposed to do?

Outsource?
Lower wages/lay off workers?
Go out of business?
Find ways to boost sales while losing money?