Except we've been unable to

PeraclesPlease — Mon, 05 Feb 2018 00:54:00 +0000

In reply to I just skimmed the first half

Except we've been unable to regulate them, so we're looking at benign cartels that hopefully regulate themselves in at least a few useful ways. (replacing the "benign dictator" theory of government)

For examle with health care, we're kinda throwing ourself at the mercy of Bezos, Buffett and Dimon - not the most disinterested partners or always enlightened players - and does that effectively cede the playing field to them, or will there be some semblance of competition?

Wages in Amazon world tend to drift towards cutthroat, afaik - probably less so in Dimon's banking world. But the other issue people always miss is that if costs go down significantly, that's effective post-tax income and increased standard of living. I remember paying $13k one year for COBRA - that was a shock, and that's what, $17k in earned income to pay for that? (Other savings would include state and local taxes, again a heavy regressive burden on lower earners). Healthcare costs are say $12k per annum plus out-of-pocket (just guessing). If half that could be saved, that's a pretty nice bonus for a lot of people, presuming it gets passed to them in some way.

I just skimmed the first half

artappraiser — Sun, 04 Feb 2018 23:42:19 +0000

In reply to Monopolizing Success: the Battle of St. Louis

I just skimmed the first half, it seems like such an excellent piece that I am going to print it out and read it closely. We need more stuff like this, outside the same same old boxes I took a quick look at the author's history of publications there, he does seem to be beating a drum of "revive small business and break up the monopolies". Hoping to see how sophisticated he is about that. You know I was thinking the other day about all the hullabaloo against the Amazon monopoly, but then I thought again on it having to use it lately (having to replace many items lost.) I found I was actually dealing with small businesses that list concurrently on Amazon and Ebay and maybe even some other conglomerate sites....I learned all about Poshmark where many wimmins with "shop til you drop" addictions are selling their mistakes to others. Some of these cross over to Ebay, too. Etc.

Maybe the future is "unionization" of the enterpreneurial little guy making sure the Amazons and Home Depots, Uber's and Spotify's, Walmarts (likewise with Amazon, it turns out with them, their website offers lots of stuff direct from small business) "don't be evil"? If huge because they offer useful service to many, need to be regulated like public utilities in the olden days?

dagblog - Comments for "Monopolizing Success: the Battle of St. Louis"

Except we've been unable to

I just skimmed the first half