we already have uncompetitive prices and a lack of innovation in many industries. this is the age of monopolies.
Corporations / Citizens
- Thread starter rickyb
- Start date
1989
Well-Known Member
Utilities have always been monopolies.
what about banking, auto, amazon, walmart, media, food
1989
Well-Known Member
Banks are government fed they compete with credit unions, mortgage brokers, insurance companies, stock brokers.
You don’t have an “auto row” where you live? Ford, GM, Toyota, Honda,etc
Amazon competes Walmart, target, Costco
amazon very soon will have something close to monopoly status. theres little competition. auto makers keep shrinking down.
i think facebook and google get the majority of online ad revenue.
the stock market is mostly owned by the top 10% / 1%.
banks its well known are monopolies (or whatever you wanna call it) with too big to fail being commonly known.
pharmaceutical would be another id guess. war industry id guess would be another.
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1989
Well-Known Member
Who owns the couple hundred credit unions? Go start your low paying coop.
hey im part of one, and it even got mentioned in an episode of ralph nader radio hour LOL
anyways the banking system is still very centralized if thats what your trying to argue against.
1989
Well-Known Member
You work at a co op (full time job), or do you just buy stuff there? Millions are members of co ops/credit unions. They are not a new concept.
no kidding. i unfortunately dont work for one.
1989
Well-Known Member
But you say they are so great for workers and you don’t want to work there because of low pay. You don’t see a problem with this?
that was one. the cooperative credit union pays much higher than local banks, theyre even part of some kind of living wage employer status.
i see it more of a failure of markets, because when wages arent rising and are so low everywhere else, its gonna affect other wages.
and of course i see it a failure of the system because capitalism has a few people deciding everything including wages.
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1989
Well-Known Member
So then co ops are not better for the worker?
much better.
why would you want too much centralized control like capitalism, state socialism, slavery, etc?
Jkloc420
Do you need an air compressor or tire gauge
hi
how-dy
1989
Well-Known Member
So why don’t you work for a co op?
theres not enough of them, and the pay locally was lower than my capitalist job even though they offered me a 30 hour work week.
1989
Well-Known Member
Why would more co ops. (Competition) mean higher pay? Low pay is a common denominator for co ops.
It’s better for you, why not take it? If you don’t take the job, how will they ever have more jobs?
is it? i would think coop workers make more than capitalist ones since they are not being profitted off of.
1989
Well-Known Member
You just told me that isn’t the case. That the co op job paid less than the capitalist job. That tells me that in order make that co op job desirable we have to bring down capitalists wages.
So if we brought down capitalists wages not only can your co op job complete, but now we will have demand for more co op jobs.
Profit is just a word. They still sell their goods for more than they paid for them. They are also a nice tax shelter too.
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