How do corporations become so powerful?

[lifegoesonbrah]

Corporations are monsters created by government. They grow so powerful because they have influence over politicians through lobbying. If this wasn't the case, corporations wouldn't be able to seize control of entire markets. Its government favoritism that allows them to grow powerful and limit competition. Under free market principle, wherever there is a profit niche, firms will enter until zero economic profit exists. If corporations can limit competition they can maintain profits above economic equilibrium. I'm not sure what the counter arguments to this are, please enlighten me.

 

[Pipe Dream]

IMO, corporations are so big because they are so profitable. The more money they make, the more they can invest in expanding and making even more money. Once they have money, they donate to causes that benefit them.

 

[lifegoesonbrah]

IMO, corporations are so big because they are so profitable. The more money they make, the more they can invest in expanding and making even more money. Once they have money, they donate to causes that benefit them.

Yes but my point is that competition drives down profit in free market conditions. Hindering free market competition through government allows for excessive profit.

 

[balactus]

[youtube]WINDtlPXmmE[/youtube]

This is why.

 

[lifegoesonbrah]

[youtube]WINDtlPXmmE[/youtube]

This is why.

Corporations are so powerful because we aren't mad? I'm mad. you mad, brah?

There is a reason they grow powerful is my point.

 

[beenthere]

Corporations are monsters created by government. They grow so powerful because they have influence over politicians through lobbying. If this wasn't the case, corporations wouldn't be able to seize control of entire markets. Its government favoritism that allows them to grow powerful and limit competition. Under free market principle, wherever there is a profit niche, firms will enter until zero economic profit exists. If corporations can limit competition they can maintain profits above economic equilibrium. I'm not sure what the counter arguments to this are, please enlighten me.

Not much to add except the fact that very few people understand that's it's through the cooperation of the federal government and conglomerate corporations we are blessed with small business destroying regulations.

 

[cannabineer]

I voted both, because it's always a mix. cn

 

[UncleBuck]

Corporations are monsters created by government. They grow so powerful because they have influence over politicians through lobbying. If this wasn't the case, corporations wouldn't be able to seize control of entire markets. Its government favoritism that allows them to grow powerful and limit competition. Under free market principle, wherever there is a profit niche, firms will enter until zero economic profit exists. If corporations can limit competition they can maintain profits above economic equilibrium. I'm not sure what the counter arguments to this are, please enlighten me.

how awesome did that free market work before anti-trust laws? i'm sure the free market prevented monopolies without anti-trust laws, right? amirite?

 

[beenthere]

how awesome did that free market work before anti-trust laws? i'm sure the free market prevented monopolies without anti-trust laws, right? amirite?

How's that free market treating you in the treadmill business bro, how much does Uncle Sam get out of your investments, 15%, 20%, more? How many families on food stamps you helping?

 

[UncleBuck]

How's that free market treating you in the treadmill business bro, how much does Uncle Sam get out of your investments, 15%, 20%, more? How many families on food stamps you helping?

uncle sam can get as much as he asks for, but he has some hard on about treadmills injuring people and black people getting all worked up on treadmills then playing jazz music and raping our white women while mexicans get on treadmills and become super-laborers that take all our jobs. but we the people have a ballot initiative to treat treadmills like any other commodity, and i will be hoping it passes.

i'm helping a few families on food stamps, one of them a chef. his kid now refuses to eat any eggs that are not from the butts of our chickens and who raves about the carrots, peas, potatoes and onions we give them for free.

i suppose uncle sam thinks that anyone who gets on a treadmill is bound to do something like this:

[video=youtube;0ivX8kjlCfc]http://www.youtube.com/watch?v=0ivX8kjlCfc[/video]

 

[beenthere]

uncle sam can get as much as he asks for, but he has some hard on about treadmills injuring people and black people getting all worked up on treadmills then playing jazz music and raping our white women while mexicans get on treadmills and become super-laborers that take all our jobs. but we the people have a ballot initiative to treat treadmills like any other commodity, and i will be hoping it passes.

i'm helping a few families on food stamps, one of them a chef. his kid now refuses to eat any eggs that are not from the butts of our chickens and who raves about the carrots, peas, potatoes and onions we give them for free.

i suppose uncle sam thinks that anyone who gets on a treadmill is bound to do something like this:

I take it this story holds about as much water as your Romney getting a $77K tax reduction story.

 

[UncleBuck]

I take it this story holds about as much water as your Romney getting a $77K tax reduction story.

you have introduced some doubt that willard got to deduct the whole $77k for his badass dancing horse, but good luck on introducing doubt about why treadmills became prohibited for recreational use or who i share the (literal) fruits (and veggies) of my labor with.

 

[beenthere]

you have introduced some doubt that willard got to deduct the whole $77k for his badass dancing horse, but good luck on introducing doubt about why treadmills became prohibited for recreational use or who i share the (literal) fruits (and veggies) of my labor with.

I don't need luck Bucky, I have you and your track record to count on.

 

[UncleBuck]

I don't need luck Bucky, I have you and your track record to count on.

you also have to contend with tax lawyers who admit he will get all $77k back later on. i should have actually googled for it earlier, could have left us more time to focus on how ann romney was also born with a silver spoon in her mouth.

http://taxprof.typepad.com/taxprof_blog/2012/06/tobin-the-.html

 

[beenthere]

you also have to contend with tax lawyers who admit he will get all $77k back later on. i should have actually googled for it earlier, could have left us more time to focus on how ann romney was also born with a silver spoon in her mouth.

http://taxprof.typepad.com/taxprof_blog/2012/06/tobin-the-.html

When are you going to admit you were wrong Bucky?

 

[UncleBuck]

When are you going to admit you were wrong Bucky?

did you read the article? he's going to make all of that $77k back later on.

no multi millionaire would take the time to keep track of exactly $77,731.00 worth of dancing horse expenses to save $50. use your noggin.

 

[deprave]

I voted for Government Favortism and Other

but really its a combination, should of voted for all three..

Corporations become super awesome and then they buy government favortism, even if the government realizes it or not.

To answer UncleBucks "question", a real monopoly is impossible under a truly free market because only by being super awesome can one have a monopoly, if they are meeting consumers demands exceptionally well then they will be super awesome untill someone else is awesomer. Everyone will have equal oppurtunity to become awesomer. Very simple.

 

[Nitegazer]

I'm all for 'other.' Corporations achieve what they have because they are efficient at producing what they are designed to produce: short term profits-- that includes tweaking the regulatory framework as needed. However, I don't think that makes them 'awesome.'

Bottom line is that everything that is decided within a corporation is decided by people. The corporation is a system that isolates the decision makers from the impacts of their decisions, with the exception of short term profit. If people choose to recognize the consequences of their corporate actions, and risk getting fired for making decisions against short-term profit, then the damaging effects of corporate power are greatly reduced. The trouble is, people don't like to accept responsibility (risking the paycheck), and instead want to blame the corporation.

Corporations don't hurt people, people hurt people

 

[ink the world]

Everything thats decided in a corporation is decided by 1 thing:

Profit


There was a time when corporations had at least a small sense of community and responsibility. Those days are for the most part gone.

 

[deprave]

I'm all for 'other.' Corporations achieve what they have because they are efficient at producing what they are designed to produce: short term profits-- that includes tweaking the regulatory framework as needed. However, I don't think that makes them 'awesome.'

Bottom line is that everything that is decided within a corporation is decided by people. The corporation is a system that isolates the decision makers from the impacts of their decisions, with the exception of short term profit. If people choose to recognize the consequences of their corporate actions, and risk getting fired for making decisions against short-term profit, then the damaging effects of corporate power are greatly reduced. The trouble is, people don't like to accept responsibility (risking the paycheck), and instead want to blame the corporation.

Corporations don't hurt people, people hurt people