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New The infrastructure would still be there . . .
. . (as would the trained employees and managers). It would simply be taken over by other companies, just as happens today when a company fails.
[link|http://www.aaxnet.com|AAx]
New That's a "presume" not a "simply".
(as would the trained employees and managers). It would simply be taken over by other companies, just as happens today when a company fails.

That's not what happens. Usually there's bankruptcy hearings, courts, auctions - and in the meantime - that capital isn't usable. And that's months/years of meantimes.

Its not just handed to someone else (presuming there's someone there to do it, and in a monopoly situation, there (usually) isn't).

The plants might be there, there might be the trucks, etc... But they *aren't* going about daily business.

Addison
New What's Microsoft's ratio of "plants, trucks, etc"...
...to *employees*, and how many years are employees usually tied up in "bankruptcy hearings, courts, auctions"?

Sorry, Add, but you're wrong. You just want to see some mystic property of corporations, imbued into them by the holy Market[*], that makes them fundamentally different from governments and other organizations.

They aren't; it's all just more or less equivalent ways of organizing human endeavour. Neither do corporations differ very much from other organization types (governments, churches, armies, football associations, etc), nor are economic market forces much different from other forces that shape society and the organizations in it (religions, culture, fashions, fads, etc). Nor are they necessarily even the most important ones.

Individuals, they say, should "eat to live, not live to eat". The same goes for *society* -- and the economy isn't all of society; it's just how society "eats".



[*]: What *is* it with so many Americans, that they want to see something so utterly profound and "different" about markets (and, to an only slightly lesser degree, corporations) than everything else in society? Have you guys strarted some new "Church Of The Founding Fathers" *religion* over there (without, apparently, really realizing it yourselves), or WTF?
   Christian R. Conrad
The Man Who Knows Fucking Everything
New Erm. I think you got mixed up.
Sorry, Add, but you're wrong. You just want to see some mystic property of corporations, imbued into them by the holy Market[*], that makes them fundamentally different from governments and other organizations.

And this is wrong by a ratio that doesn't affect anything why?

I didn't say anything mystical about Corporations. I said that they, in the long term, would be brought to heel by the market.

So if you're going to correct me, you might want to actually GET what I'm saying down first.

Corporations are fundamentally different from governments, however. By definition. I shouldn't have to go into the details as to why.

For the very first start - they're in business to make money. Governments are "in business" to provide services.

Neither do corporations differ very much from other organization types (governments, churches, armies, football associations, etc),

Sorry, CRC, but you'll find little support there.

You're right that they're one way to organize effort. That's about where it ends.

Governments - see above. Churches - Um. Yeah. They've got a *lot* in common with corporations and government.

What *is* it with so many Americans, that they want to see something so utterly profound and "different" about markets (and, to an only slightly lesser degree, corporations)

Stop confusing the two.

What is it? Its called "history". And economic theory.

Name me a case where in the long term, the market didn't bring things back into equilibrium, barring governmental involvement.

As to the first sentance - Andrew's presumption that in case of a (legal) major disruption, it would have been "business as usual" for prior monopolies flies in the face of history and procedure. Thus, Microsoft is more quickly removable, with less even short-term impact, than SO, or AS, or even AT&T. (Notice, this is NOT ME saying that they SHOULD NOT BE trustbusted.)


Addison
New Counterexample.
Have you heard of Boston Chicken? That *was* a company whose restaurants had been renamed to Boston Market. You still see them, but they are now owned by McDonalds (technically a subsidiary of McDonalds). The stockholders got zip after the bankruptcy process.

Most Boston Market customers never knew anything happened.

[link|http://retailindustry.about.com/library/weekly/aa120299a.htm|Link.]

A stockholder for while, and despite a loss, I bailed out before the bitter end.
Alex

Life is a comedy for those who think and a tragedy for those who feel.
-- Anne Frank
     Bill Gates's way, or no way - (addison) - (105)
         A lesson - - (imric) - (104)
             At last I see, the only viable solution next: - (Ashton)
             Wrong lesson. - (addison) - (102)
                 This faith may not be entirely misplaced but.. - (Ashton)
                 And the Thousand Year Reich would have corrected itself . . - (Andrew Grygus) - (7)
                     Touch\ufffd____cackle___cackle_____Market Forces for Dummies\ufffd - (Ashton)
                     Markets, Andrew, not Governments. - (addison) - (5)
                         False Godwin. - (inthane-chan) - (1)
                             False False godwin. - (addison)
                         I fail to see the difference. - (Andrew Grygus) - (2)
                             The one sentence version - (Andrew Grygus)
                             I agree, its a failing. :) - (addison)
                 I disagree. - (Another Scott) - (15)
                     Re: I disagree. - (addison) - (14)
                         The infrastructure would still be there . . . - (Andrew Grygus) - (4)
                             That's a "presume" not a "simply". - (addison) - (3)
                                 What's Microsoft's ratio of "plants, trucks, etc"... - (CRConrad) - (1)
                                     Erm. I think you got mixed up. - (addison)
                                 Counterexample. - (a6l6e6x)
                         SOAP - (Decco Dave) - (8)
                             Needs more washing - (addison) - (3)
                                 Re: Needs more washing - (Decco Dave) - (2)
                                     Needs a LOT more washing. - (addison) - (1)
                                         Interoperation? - (Decco Dave)
                             Re: SOAP - MS 'invented' SOAP ? - (dmarker2) - (1)
                                 Pleasing MS - (Decco Dave)
                             Microsoft did not invent SOAP. - (Andrew Grygus) - (1)
                                 Dave Winer. - (static)
                 Antitrust law IS a 'market correction' -NT - (imric) - (76)
                     No, its an artificial outside influence, like ceiling/floors -NT - (addison) - (43)
                         Wrong. - (imric) - (42)
                             If you insist on perverting the language, fine. - (addison) - (41)
                                 noting previous antitrust vs. Microsoft - (wharris2) - (1)
                                     Absolute faith in a simplistic concept, 'free market' - (Ashton)
                                 So hostile... - (imric) - (38)
                                     Because its a "concept" that disallows agreement. - (addison) - (37)
                                         Now we know - (Silverlock) - (4)
                                             Re: Now we know - (addison) - (3)
                                                 Just going by history - (Silverlock) - (2)
                                                     I suggest you repeat History, you've forgotten it. - (addison) - (1)
                                                         Sorry dude, you just rub me the wrong way - (Silverlock)
                                         Sure. Whatever. - (imric) - (3)
                                             Re: Sure. Whatever. - (addison) - (2)
                                                 ? - (imric) - (1)
                                                     You've gotten confused. - (addison)
                                         Shoplifting is a market force . . - (Andrew Grygus) - (2)
                                             WOT - (jbrabeck)
                                             Not really. - (addison)
                                         Huh??? - (CRConrad) - (4)
                                             Context, CRC, context. - (addison) - (3)
                                                 What, you think BeeP is the only economist in here??? - (CRConrad) - (2)
                                                     No idea how many there are in here. - (addison)
                                                     Econometrics...cool - (bepatient)
                                         Good point... - (hnick) - (17)
                                             Two approaches to "the market" - (Andrew Grygus) - (16)
                                                 Re: Two approaches to "the market" - (addison) - (11)
                                                     BTW: - (addison) - (10)
                                                         Which is why you adhere . . . - (Andrew Grygus) - (9)
                                                             Which is why I asked... - (addison) - (8)
                                                                 How "Super Buys" work . . - (Andrew Grygus) - (7)
                                                                     Hey! I think I see a 'graph' in there________:-\ufffd - (Ashton) - (1)
                                                                         Adventures in marketing #48734655j - (Andrew Grygus)
                                                                     Or, for the 'engineering model' - (Ashton) - (1)
                                                                         No problem - it's "Faith Based" -NT - (Andrew Grygus)
                                                                     Missed item - (wharris2) - (2)
                                                                         dollar stores also - (boxley)
                                                                         No, I got that . . . - (Andrew Grygus)
                                                 Boys boys boys.... - (bepatient) - (3)
                                                     Now don't spoil it, BP - (Ashton)
                                                     How much is this a semantic argument? - (drewk) - (1)
                                                         Definition... - (bepatient)
                                         hate to let a perfectly degenerating thread go to waste. - (boxley) - (1)
                                             Ah.. but the *Biggest* 'marketing force' has to be - (Ashton)
                     I think there is a definition issue here - (ben_tilly) - (31)
                         Exactly. Thanks. - (addison) - (30)
                             Fine! - (imric) - (7)
                                 Market theory assumes idealized conditions. - (drewk) - (2)
                                     Oh, shut the (*#@$ up. - (addison) - (1)
                                         *chuckle* -NT - (imric)
                                 Re: Fine! - (addison) - (3)
                                     Thanks for an illuminating thread, all. - (Ashton)
                                     Aieee! - (imric)
                                     In support of your position - (boxley)
                             Where do you get this stuff from??? - (CRConrad) - (21)
                                 Many years of econ classes. - (addison) - (17)
                                     How many? And of *what* -- Econ 101, over and over again...? - (CRConrad) - (6)
                                         3. - (addison)
                                         Apologies to Mr. Smith, for having blamed him for - (Ashton)
                                         Natural monopoly - (bepatient) - (3)
                                             yeah right Auburn :-) - (boxley)
                                             yeah right Auburn :-) - (boxley) - (1)
                                                 Just had to give the credit.... - (bepatient)
                                     Not just time but method - (mhuber) - (9)
                                         Yep...sometimes what is substituted... - (bepatient) - (8)
                                             How so? - (Silverlock) - (7)
                                                 Issues... - (bepatient) - (6)
                                                     Good! the nitty-gritty.. finally. - (Ashton)
                                                     I figured Billy needs a personal punishment. - (Andrew Grygus) - (3)
                                                         Well... - (bepatient)
                                                         Then why didn't you describe one? :-) - (static) - (1)
                                                             Nope. Then he'd go into politics directly, 'stead of buying' -NT - (Ashton)
                                                     Re: Issues... - (addison)
                                 Oh it will... - (bepatient) - (1)
                                     Well... we are still waiting on that last supposition - (Ashton)
                                 AT&T - (wharris2)

You know them Gnomes don't make no good money.
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