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      Yesterday, 09:30 PM   #11793
NormanConquest
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Quote:
Originally Posted by GrussGott View Post
Johnny, don't even try on this one - granted it's a vast enticing psychological fantasyland, but it's not worth it.
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Originally Posted by JohnnyCanuck View Post
Thankfully I was not educated by the same "public education" system you were. Rule 1: Wikipedia is not a credible, nor authoritative, source for anything. It is a useful starting point for baseline information, nothing more.

However, because it's clear that English is not your first language, I am going to try and give you the benefit of the doubt on your original post.

What you posted was "Only when public money get involve it allows monopolize to rise." (sic)

I read that as being the distinction between public investment (as in public sector with government financing) as opposed to being publicly traded which might explain your response.

If you meant publicly financed, then you should be embarrassed about relying on Wikipedia. If you meant publicly traded, interesting hypothesis, but not sure it leads to a substantive conclusion. It's a still a free market phenomenon, irrespective of whether the investment was sourced privately or through public offering.
Private means individual or family own

A public company is not own by a single person or family
Once you figure that out you will quickly discover all the problem in recent history has been from the public domain not private and all the stupid policy to fix the last disaster just punish the private individual for something they didn't cause and benefits those public entities.
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      Yesterday, 09:32 PM   #11794
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Originally Posted by GrussGott View Post
Johnny, don't even try on this one - granted it's a vast enticing psychological fantasyland, but it's not worth it.
I guess I am fascinated by his Energizer bunny-like relentlessness in the face of being proven wrong time and time again.
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      Yesterday, 09:33 PM   #11795
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Originally Posted by JohnnyCanuck View Post
I guess I am fascinated by his Energizer bunny-like relentlessness in the face of being proven wrong time and time again.
He could be a bot.
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      Yesterday, 09:33 PM   #11796
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Quote:
Originally Posted by NormanConquest View Post
Private means individual or family own

A public company is not own by a single person or family
Once you figure that out you will quickly discover all the problem in recent history has been from the public domain not private and all the stupid policy to fix the last disaster just punish the private individual for something they didn't cause and benefits those public entities.
So, you're saying that a "public" company by your definition does not operate in a free market?
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      Yesterday, 09:37 PM   #11797
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Originally Posted by JohnnyCanuck View Post
So, you're saying that a "public" company by your definition does not operate in a free market?
We have a free market exist with or without the public influence or approval. They generally get label with the term black market and it always assume to be evil.
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      Yesterday, 09:43 PM   #11798
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Originally Posted by NormanConquest View Post
We have a free market exist with or without the public influence or approval. They generally get label with the term black market and it always assume to be evil.
What are you talking about?

You said that monopolies can't occur in a free market. I gave you some of the most famous examples of monopolies that did occur in a free market.


Your response has been to go down some rabbit hole about the distinction between privately held and publicly traded companies ... all of which is irrelevant to your original point.

The simple fact is that your original statement was wrong. Monopolies can and do occur in a free market. Just once in your 5700+ posts on here will you concede a point? Any point? To anyone? Don't worry, the question was rhetorical, we already know the answer.
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      Yesterday, 09:50 PM   #11799
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Quote:
Originally Posted by JohnnyCanuck View Post
What are you talking about?

You said that monopolies can't occur in a free market. I gave you some of the most famous examples of monopolies that did occur in a free market.


Your response has been to go down some rabbit hole about the distinction between privately held and publicly traded companies ... all of which is irrelevant to your original point.

The simple fact is that your original statement was wrong. Monopolies can and do occur in a free market. Just once in your 5700+ posts on here will you concede a point? Any point? To anyone? Don't worry, the question was rhetorical, we already know the answer.
Don't put words in my mouth I said

Only when public money get involve it allows monopolize to rise.

So When either A. Government B. Large Banks C. A collection of people who have nothing in common get together and invest, regulate, or give unfair preference to a company can it become a monopoly because the resource cap that private business naturally have is removed since they aren't losing their private investment they are pissing away other people money.

Every company you mention was a public entity, and yes Wiki a shitty source but are you really going to dispute their classification as a Public entity? They fit all the characteristic of a public entity which is own by the many not by one single individual or family.
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      Yesterday, 10:30 PM   #11800
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Originally Posted by NormanConquest View Post
Don't put words in my mouth I said

Only when public money get involve it allows monopolize to rise.

So When either A. Government B. Large Banks C. A collection of people who have nothing in common get together and invest, regulate, or give unfair preference to a company can it become a monopoly because the resource cap that private business naturally have is removed since they aren't losing their private investment they are pissing away other people money.

Every company you mention was a public entity, and yes Wiki a shitty source but are you really going to dispute their classification as a Public entity? They fit all the characteristic of a public entity which is own by the many not by one single individual or family.
Not putting words in your mouth. There's no room for them.

Here's your exact quote:

Quote:
a true free market won't have to worry about greed or corruption because a small business is unable to grow large enough to cause major harm due to inherent inefficiency that occur as a business grow and the financial limits that it has to deal with. Only when public money get involve it allows monopolize to rise.
(emphasis added)

The most reasonable inference, in the context of the quote, is that by public money you meant government investment. That's the logical read and what I originally responded to. You then clarified, awkwardly, that you were distinguishing between public and private ownership. To an extent, you have a valid point in that it is hard to capitalize a purely privately held venture to the point of establishing a monopoly.

However, you're still wrong. Publicly traded companies still operate in a free market. They secure capital from investors instead of from families or banks and they answer to shareholders instead of equity holders, but it's still a free market.

Since you love Wikipedia so much, here's the definition of a free marker: a free market is a system in which the prices for goods and services are self-regulated by the open market and by consumers. Has nothing to do with the source of capital. Using your definitions, both a "public" and "private" enterprise operate in a free market.
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      Yesterday, 10:36 PM   #11801
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Quote:
Originally Posted by JohnnyCanuck View Post
Not putting words in your mouth. There's no room for them.

Here's your exact quote:

(emphasis added)

The most reasonable inference, in the context of the quote, is that by public money you meant government investment. That's the logical read and what I originally responded to. You then clarified, awkwardly, that you were distinguishing between public and private ownership. To an extent, you have a valid point in that it is hard to capitalize a purely privately held venture to the point of establishing a monopoly.

However, you're still wrong. Publicly traded companies still operate in a free market. They secure capital from investors instead of from families or banks and they answer to shareholders instead of equity holders, but it's still a free market.

Since you love Wikipedia so much, here's the definition of a free marker: a free market is a system in which the prices for goods and services are self-regulated by the open market and by consumers. Has nothing to do with the source of capital. Using your definitions, both a "public" and "private" enterprise operate in a free market.
yes a free market doesn't need public influence, the black markets prove that

Government is just one form of public entity, anything that a collection of people who have no relationship to one another is a public entity because it no longer has individual/family single ownership

Private entites exist no matter even in socialist nations while public entities rise and fall all the time
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      Today, 03:32 AM   #11802
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Originally Posted by mffarrell View Post
He could be a bot.
A bot would have learned by now or been taken offline for poor performance.

On the other hand, if he is a bot, it is of the highest sophistication. Intentionally modeling this kind of thought process is Nobel Prize worthy.
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      Today, 06:14 AM   #11803
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Quote:
Originally Posted by XutvJet View Post
They're essentially shutting down all of Auckland to "control" this 4 person outbreak...
Which makes perfect sense considering this is apparently domestic transmission and they evidently have no idea where the family might have contracted it - meaning there are other sick people out there that aren't yet identified, likely asymptomatic.
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      Today, 08:11 AM   #11804
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Originally Posted by DETRoadster View Post
So I've asked this question of many people here and have yet to get an answer of any kind. Can you point me to a current example of a country with an extremely limited national level government that functions well?

As an aside, if you had the ability to "opt out" of Federal oversight into everything (and keep your tax dollars!) would you? It's an all or nothing proposition. Opt out and forgo mail service. Fly on planes with no FAA oversight into their construction, maintenance, or operation. Drive a car with no NHTSA oversight into its engineering, development and crash standards. Take Rx drugs with no FDA oversight. Eat meat that's been processed outside USDA oversight. Never visit a national park.

What say you?
a) If it had always been that way, then I would opt for 'no government oversight'. Unfortunately, the well has been tainted, so that wouldn't likely work very well.

b) I am not for 'no govt' - I just understand that overall, the federal government does a terrible job at nearly everything, so I would prefer they meddle as little as possible and still have a functioning republic. When government is needed, I prefer it at the local level where it is less cumbersome and can handle the smaller items from a more 'on the ground' perspective.

c) Due to size, most federal government follows a 'one size fits all' policy, which is terrible and the cause of many of the issues.

d) There isn't really any country that has fully libertarian governmental systems. Probably the closest in the world is Lichtenstein, but it isn't there. Some others have libertarian policies in certain areas and not in others, such as the United States, Uruguay and Portugal.
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