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Forums - Politics Discussion - Are you right wing or left wing?

 

Are you left winged or right winged?

Right winged! 144 48.00%
 
Left winged! 156 52.00%
 
Total:300
SamuelRSmith said:
WolfpackN64 said:

I stated what he worked for. I'm not repeating myself. I'm not correcting my right about monopolies either.

1) Just about any economist worth their salt, from Keynesian, to Chicago, to Austrian, will tell you that monopolies form when barriers to entry into a market are high. Thus, the higher the barriers to entry, the more likely monopolies are to form. Regulations increase the barriers to entry.

2) Diseconomies of scale act as a natural check on monopoly power in a free market. I guess you haven't worked in a large corporation before. Talk to people who have, and ask them about the bureacracy and internal management struggles that go on. Truth is, there's no way that they could compete against any startup without all the artificial barriers protecting existing industries, and various Government subsidies that keep them in profit.

The corporation I work for, now spends 60% of it's multi-billion dollar budget on regulatory compliance. Think about that. How could any new entrant to the market possibly hope to legally compete.

3) The most extreme example of this can be seen in drug prohibition. They aren't called "cartels" because the name sounds cool.

Some regulations protect competition, some advance monopolies. Truth remains, if you're in a completely deregulated economy, being an ambitious young company won't do you any good if large monopolies will try to squash you by any means necessary.

In the earlier stages of capitalism, where regulations were few or nonexistant, there was a clear and undeniable tendancy towards monopoly. From industrial to banking monopolies.

 





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i've got two wings. it keeps me from flying in circles and not going anywhere.



I think I'm in the center, leaning to the left on social issues and right on economic issues.



Signature goes here!

I'm a lefty. I'm a member of the communist party here in Spain, and I honestly think that the only way this country will improve is through the left side of the Force (Muahahaha).



Beyonce says "to the left, to the left, to the left"

I say to the right



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I would need both wings.



Lube Me Up

LMU Uncle Alfred said:
I would need both wings.

I know right. Who would fly a plane like this?





WolfpackN64 said:
SamuelRSmith said:

1) Just about any economist worth their salt, from Keynesian, to Chicago, to Austrian, will tell you that monopolies form when barriers to entry into a market are high. Thus, the higher the barriers to entry, the more likely monopolies are to form. Regulations increase the barriers to entry.

2) Diseconomies of scale act as a natural check on monopoly power in a free market. I guess you haven't worked in a large corporation before. Talk to people who have, and ask them about the bureacracy and internal management struggles that go on. Truth is, there's no way that they could compete against any startup without all the artificial barriers protecting existing industries, and various Government subsidies that keep them in profit.

The corporation I work for, now spends 60% of it's multi-billion dollar budget on regulatory compliance. Think about that. How could any new entrant to the market possibly hope to legally compete.

3) The most extreme example of this can be seen in drug prohibition. They aren't called "cartels" because the name sounds cool.

Some regulations protect competition, some advance monopolies. Truth remains, if you're in a completely deregulated economy, being an ambitious young company won't do you any good if large monopolies will try to squash you by any means necessary.

In the earlier stages of capitalism, where regulations were few or nonexistant, there was a clear and undeniable tendancy towards monopoly. From industrial to banking monopolies.

 



 

Show me any free market that tends towards monopolies in the long term? Oh you can't can you, because it doesnt happen. I'm also still to see a valid argument against a monopoly in a free market. Face it, you're communistic ideas are defunct, and completely ridiculous, as shown by the Soviets and pre-1980 China, which were both hell holes. I mean FFS even Putin, from one of the most left wing countries on earth admits that Socialism, let alone communism, fails catestrophically.



exactly 50/50 currently lol.

left.



Groundking said:

 

Show me any free market that tends towards monopolies in the long term? Oh you can't can you, because it doesnt happen. I'm also still to see a valid argument against a monopoly in a free market. Face it, you're communistic ideas are defunct, and completely ridiculous, as shown by the Soviets and pre-1980 China, which were both hell holes. I mean FFS even Putin, from one of the most left wing countries on earth admits that Socialism, let alone communism, fails catestrophically.

Yeah... Putin is a good source, because capitalism worked soooo good in Russia (mainly Yeltsin's fault).

The old state-planned economy model doesn't work, but a democratic centralists coöperatif economy can work and does work just fine.