[P2P-F] Product Maximizing Corporations (was: "corporateperson")
Natalie Golovin
10natalie at cox.net
Fri Nov 25 15:45:39 CET 2011
That's where Government comes in..the role of referee/umpire. As
corporations grow they want to survive and thrive despite challenges from
newcomers-new ideas, products. Govt has to be a smart and fair regulator.
The ineptness & corruption of Govt allowed Goldman Sachs & Morgan Stanley to
wipe out all their competition. The SEC is a joke & The FED funds the whole
casino.
-----Original Message-----
From: mp
Sent: Friday, November 25, 2011 3:14 AM
To: p2p-foundation at lists.ourproject.org
Subject: Re: [P2P-F] Product Maximizing Corporations (was:
"corporateperson")
On 25/11/11 08:22, Michel Bauwens wrote:
> On Fri, Nov 25, 2011 at 12:22 PM, Natalie Golovin <10natalie at cox.net>
> wrote:
>> Scarcity of resources and risk-taking play major roles in allocation, and
>> choices become skewed as decisions are controlled by govt policies,
>> religion, culture & personal ethics. Consider the simple example of
>> providing HIV drugs to poor populations. Lengthening lives results in the
>> infection of many more individuals unless the culture �buys in� to
>> prevention like condom use. Profits pay for the returns to risk in
>> bringing
>> a product to market. Once a product successfully hits the street,
>> competitors are encouraged until a dynamic equilibrium is reached and in
>> the long-run profit is roughly equivalent to the interest rate plus
>> depreciation. Today we have nothing close to that due to cartels,
>> monopoly
>> behavior, collusion, FED manipulation of interest rates, insufficient or
>> over-regulation & favoritism etc. etc.,, all now made more complex on a
>> global scale.
>>
>
> we can agree on this ..
are these problems (cartels, monopolies etc.) hindering a well
functioning a profit system, or are they rather problems made by a
profit system?
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