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What Your Favorite Cocktail Says About You

What Your Favorite Cocktail Says About You

Kevin O'Leary on global inequality: "It's fantastic!"

Trancecoach says...

Do enlighten me: How do you think "dominant corporation(s) or collusion thereof [will] strongarm retailers?" That simply won't happen. Rather, there will be fewer barriers to entry for other widget manufacturers to enter the market, either independently or working for competing "dominant" corporations when they discover that it's more profitable to not be "paid off" but to compete in the market instead.

A dominant corporation cannot buy every possible competitor. That's absurd. And there will always multiple "dominant" corporations, and not just one, or one and a number of "start-ups." Where there is Coke, there will be Pepsi. Where there is Apple, there will be Samsung. In a free market, monopolies and cartels cannot exist except in the very short term and at an eventual loss (unless they have the primary monopoly of the government to back them up).

If there are patents, there's no free market. A free market, by definition, must exclude all patent, trademark, copyright, and other such IP law. So, you may have picked the worst example.

Free markets without patents is not a problem at all. Not for the market and not for consumers. Companies may just be more careful about spies. They certainly wouldn't be incentivized (like they are now) to spend $millions just to hold patents on products that are never produced, only to corner the market and "strongarm" competitors (like they do now).

Companies like Bed, Bath & Beyond have been trying to price upstarts out of the market for years, decades even! And they're still not able to get rid of competitors! Same can be said about Walmart. Many stores other than Walmart sell TVs, even at higher prices, and remain competitive. Other stores sell linens besides BB&B. So, you have a distorted view of how markets actually work. No one corporation can monopolize the sale of any goods or services. That's just incorrect (unless the government helps them to do so). It just doesn't happen.

There's no such thing as a "natural monopoly." Name one. In Texas, for example, there are competing utility providers, and people can choose which energy service to use. This is in contrast to CA, where most of us are forced to "choose" PG&E over zero other alternatives.

"Restriction of information/prevention of rational, informed consumers"

I'm sorry, but anyone who has been involved in business knows this is complete horseshit. If you have a better product/service (the only way to outdo the competition), you will let the customers/market know right away.

And there's no scale at which markets collapse. The same forces of the market apply to big, small, and medium businesses. There is no arbitrary size for which these forces do not apply. And keep in mind that without government granted privileges, corporations would be much smaller than they are now, because competition would make it easier for competitors to participate, thereby forcing a re-allocation of resources to accommodate the market's demands.

So, yes you most certainly "overstated" your case. All markets can be free, regardless of size. Whether it's a small farmer's market or Whole Foods. The same market forces apply. They all have to court voluntary customers through service, price, quality, etc. Again, anyone who has had to work with marketing will know this.

BTW, things like "price dumping" are circumvented all the time. Does Rolls Royce care that Hyundai sells cheaper cars? Does Mercedes care that a Prius is less expensive?

Target makes money because Walmart is cheaper, not in spite of it!
And everything Walmart sells, you'll find many other stores selling it, even though Walmart might sell it cheaper.
The local natural food store in my neighborhood sells, more or less, the same things as Whole Foods. None of your objections pose any real problems in the real world.

I don't see Walmart buying every other TV seller, or even trying to do this. Microsoft tried but, so what? They failed, because they could not buy every single competitor in the software world, could they?

Even in Somalia, to use @enoch's example, in the telecommunications industry (to pick one that saw growth), no one even remotely managed to do any of the things you say could happen. In 20 years, no corporation did any of these things. Why not?

Because they couldn't.

And did "dominant" corporations take over all small retailers and sellers? No way, not even close! They couldn't. Only regulations can really kill all small retailers (and they do it all the time). Your outrage is gravely misplaced. Do the countless bazaars and sellers of Turkey, India, or Thailand get taken over by "dominant" corporations?

Hint: No.

Only when government meddles, do the big corporations wipe out the little ones, and sometimes each other.

In any case, Coke will not eliminate Pepsi (or Sprite, or Dr. Pepper, or A&W), government or no government.

direpickle said:

<snipped>

Science teacher got surprising results from McDonald's diet.

RedSky says...

My guess would be he stuck to zero calorie drinks and avoided fries.

Had a quick on their nutritional website, a Big Mac is 520 calories, which is not great but not absurd. The issue is, you add a large fries (500) and coke (280) to that and you've added exactly 150% more calories on top.

All up being 1300 calories or about 2/3rds of your daily intake in one meal. Provided you avoided the sides though, it wouldn't be too hard to stick within the limits.

The issue is that MCD makes the minimum mandated attempt to educate customers. Australia legislates that food energy levels be published in a prominent fashion alongside the rough recommended daily energy intake of 8700kJ. They usually publish most of these on the side in small font. Having been over in France recently they didn't have them, I'm sure that's the case in most countries.

The larger issue with MCD and other fast food is the use of trans-fats and excessive sodium.

Trans-fats act as an insanely effective preservatives that keeps their produce looking like it'd been cryogenically frozen even years on. They're also have a reputation for clogging arteries causing heart attacks, strokes and the like.

Sodium which boosts blood pressure when ingested is a flavour enhancer which is probably why it's used in excessive amounts (e.g. a Big Mac has 40% of recommended daily Sodium). Even if this guy kept within calorie limits he would have easily been breaching recommended Sodium levels and in the long term would be elevating his risk of high blood pressure, stroke or various kidney diseases.

Coke Ad captures early parenthood

Coke Ad captures early parenthood

Lumm (Member Profile)

Coke Ad captures early parenthood

Coke Ad captures early parenthood

Coke Ad captures early parenthood

Cops using unexpected level of force to arrest girl

Trancecoach says...

There is a flaw in your premise which suggests that somehow a capitalist system is susceptible to the "evils of man," but a "government" (no matter how limited) is not. Man is either evil or Man is not evil, regardless of the system in which Man functions. A system of government regulation can either be exploited or not, so a government imposed regulation thus becomes a mechanism for that manipulation.

Capitalism, by contrast, does not require the governmental oversight to impose the regulations that the market imposes upon itself. Such a system (despite the prevalent perception, of late) does not, in and of itself, generate the kinds of crony, kleptocratic monopolies that we have seen on the rise for the past 30+ years. That is, sadly, the effect of government -- the original monopoly -- whose regulations and hybridized (private/public) contractual agreements with the private sector create these imbalances and inequities throughout society. As far as I can tell, only the implicit competitions of the free market present the kinds of price restrictions that cannot be circumvented.

Note that capitalist competition does not mean a system of 'survival of the fittest' and it does not entail the strong surviving at the expense of the weak. In fact, the pattern seen throughout a competitive market is that of a "leader" challenged by a "second-place" (Coke then Pepsi), followed by a more distant third (other colas) and then a variety of many others (Sprite, 7-Up, A&W, etc.) Competition in capitalism differs considerably from that seen in the animal kingdom because humans, unlike animals, can increase the supply of what they need to survive, while animals cannot (with possible exceptions like bees making honey). In fact, capitalist competition does the opposite, it allows those who would otherwise not survive (because they cannot produce for themselves, or those too weak to compete) to survive by partaking in the market of increased supply. Even if those people are unable to hunt or farm for themselves, they can still feed themselves with the abundance of food produced by capitalist competition, which is a competition to produce more and better of whatever the market needs (with an accurate reflection of supply and demand in the price, which is very different from the kinds of "blind" economic calculations necessary in a centralized system of government). And to have such an abundance of production/supply, you need capital investment. There's no other alternative.

In any case, read the article I posted. Let me know what you think.

artician said:

I believe in Stateless society, but I don't believe in privatization under a capitalist system. We need to find a balance between profitability and equal compensation for provider and receiver.

There is a role for limited government, but I think it's limited to a nexus for regulation, and nothing more. Let everything else be privatized, but to a very limited extent. Honestly I really think that everything should be non-profit, but I don't actually know how to propose something that isn't leaning towards communism.

I will gladly read the essay you linked to tomorrow, but from my understanding of human nature and history, I don't think there is any way to balance a for-profit enterprise without succumbing to the evils of man.

SODA / POP / COKE (Dialect Map of the USA)

KrazyKat42 says...

I remember when I moved to Texas and someone asked me if I wanted a Coke. I said sure. He asked what kind of Coke. I said uh regular? I had no idea that in Texas, every soft drink is a Coke.

The 1% Are The True Hardcore Gangsters - Rich Man's World

eric3579 says...

"Rich Man's World (1%)"

[Arthur Jensen:]
"You get up and howl about america and democracy.
There is no america there is no democracy,
We no longer live in a world of nations and ideologies.
The world is a college of corporations... inexorably
Determined by the... immutable bylaws of business.
The world is a business.
And I have chosen you to preach this evangel"

[Immortal Technqiue:]
For all my free market, healthcare robbing, stock stealing, retirement fund
Fucking with niggas. Fuck your little credit card scammin, jewlery stealing,
Crack selling, liquor store robbing mother fuckers (Its a rich mans world)
Hahahaha. Shout to the homies, Carnegie, OG, Willie Randolf Hearst,
Rockefeller, the real Rockefeller, my main bitch Leona, pour out a little Louie the
Thirteenth, Jack Abramoff, hold ya head, my Rothschild niggas, LET'S
GET THIS MONEY

[Verse 1: Immortal Technique]
I spend my day repping america overseas
Pensions for the workers? nigga please
Embezzlement etiquette private settlement
I'm better with confederate rhetoric from my mansion in connecticut
Foreclose and evict homes at the tenement
I twist words like a speech inpedIment
I hope you got good credit bitch
If not better get a new job with benefits
When I play golf with niggasii get cheddar with
New money buys brand new karats
My old money bought your great grand parents
You got grills in ya mouth I ain't mad at ya
I own every gold mine in South Africa
Thanks baby you made me a billion
Plus I own a building for each one of my children's children
That's the shit, snort coke in the whip miss USA sucking my dick
Yea what fuck the law 'cus real jail is for suckas
I go to country club prison you dumb mother fuckers
(I am the 1% fucking bitch)

[Hook]
You know my CEO corporate steeez please
Overthrow governments overseas in a breeze
Politicians in my pocket for a few hundred Gs
So if I'm never in court my assets a never freeze

[Verse 2: Immortal Technique]
I got a job and house and a bank account
When I'm out I doubt that's something you could say
And if not then I fake death like Kenneth Lay
Make money every day the world burns
Wanna tax us while y'all struggle to pay taxes
I'm getting my money the fastest
Memos and faxes shredded up documents
Slush funds through the corrupt continents
But they don't want me indicted
'Cause they don't want my dirty laundry aired when I fight it
Don't get my lawyers excited
'Cause what good is a law if you can't rewrite it
I got CIA traders, dictators so fuck y'all whistleblowers and haters
(Its a rich mans world) Shiiieeeaaat
I'll invest money from Al Qaeda
In the bank 911 widows go to later
Capitalism so I pray to fuck the state of the world
Money talks so what the fuck I need to say to ya girl
(I don't pay em to fuck, I pay em to leave)

[Hook]
You know my CEO corporate steeez greed
I'll treat countries like the IMF down on your knees
Real gangsters run the world fuck what you believe
I'll cut down the forest while y'all niggas burning some trees
I'll get your family murdered for a couple of Gs
'Cause your working class money ain't fucking with me
You think rappers are rich 'cause of songs you heard?
My labels make the money and haven't rapped a fucking word

[Verse 3: Immortal Technique]
Y'all in the ocean coastin' with the sails out
Hey America thanks for the bailouts
I made off at the banco ambrosiano
Got away scott free like el Vaticano
Acitvists activist get mad at me
'Cause I'm a tax free charity
80% to the staff and company
And 20% to the homeless and hungry
The country gotta pay the fed reserve
Kick back to the banksters haven't you learned
You protest cops or patrols on the street
But I bought city hall so I own the police
Email facebook and the shit you tweet
On the phone companies so I heard you speaking
My suggestion is no correction no elections, sex with no affection
No invention would benefit the world of man
Will exist till I got the money in my hand
World bank, interest rate damn rape on the spot
But I'm a gangster you gon' take my money like it or not, nigga
(I got your country in my pocket, motherfucker!)

[Hook]
You know my CEO masonic steeez cheese
Only little people pay all these taxes and fees
Since you were born we controlled what you watch and you read
And pretty soon were gonna own the fucking air that you breathe
I take what I want fucker I don't have to say please
I'll convince you that it's good for you, take it and leave
You think presidents are the face of a nation
I put em all where they are, end of the conversation

Hahaha

Kids Telling Dirty Jokes: Talin

Dreaming of a Bright Future for Congress

chingalera says...

BooooOOO! Editorializing Sunday-news-bobble head with nasally voice, smarmy analogies and entitled tone, poorly-written clap-trap designed to distract and stupefy, completely without merit or talent, coke-addled musings of a bereft institution, burn it to the ground! Fuck television, Fuck Face The Nation and the network offering it as a vehicle for advertising dish soap and processed fucking microwave snacks...

(Sorry dude, here's a couple of power-points to make it feel better)

*edit-thanks for the backfeed, walle-



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