ForumsWEPRNew York Wall Street Protest

83 19771
Sssssnnaakke
offline
Sssssnnaakke
1,036 posts
Scribe

They have been going on for 4-5 days now and I just now heard about this and what's going on. I hope Wall Street does something or there will be a massive protest there probably as bad as the French Revolution just not as extreme.

  • 83 Replies
NoNameC68
offline
NoNameC68
5,043 posts
Shepherd

A big company could offer their services at the lower cost and on a larger scale since they have the money to back them. The product offered by the bigger company doesn't even have to be the better product so long as it's the more readily available. The advertising a big company can put in can function to be more convincing that a person should buy their crap over any quality product.


If people want products that are more readily available, then it's the consumer who profits from buying more readily available products from the big corporations. Big corporations under a free market are big because people want their products. If you believe the products aren't worth their value in one way or another, then it's up to you to persuade others.

No they only have to make sure the people buying the product think this and they would be free to use any underhanded dirty tactic they want to in order to accomplish this.


Sort of like Mac computers?

We can't assume that everyone buying a product is misinformed as to what the quality of the product really is. Some people may want the product because it was cheaper, despite lower quality, some people may want the product because they have had good experiences with the company in the past, and others may want the product because they don't know better. However, we can't assume that everyone buys a product for the same reasons.

We must also understand that not all small businesses are good. If a big corporation sells a cheaper product that is less quality than the product coming from a small business, one could argue that we should regulate the big company so people will buy more of the expensive product. However, we must remember that the small company could be using incredibly expensive materials for products that don't need to be top tier quality.

For example, what if a small business used a rare metal for disposable razors that cost 4 times the price of disposable razors from big corporations? Now, the product may or may not last 4 times longer, but really it's up to the people to figure out what they need, not the government. If the people want to pay less for big corporation razors, then they can buy the cheaper razors.

Also, remember, every time you use the government to raise the price of a product to make the market more "fair", you're forcing consumers to pay more, which leaves them with less money to spend on other goods, which also harms other businesses.

A big corporation can use it's larger influence issuing bullying tatics to deface a small company trying to gain ground in the same area if unrestricted. A corporation has the bigger voice and has no issue using that voice to do whatever it wants to crush anyone who get's in their way.


Shouldn't advertising be considered a form of speech? If we can use speech to push our political agendas, then why not to push products? I believe marketing should be handled in the same way we handle free speech. If a business tells lies about another company, then we should handle it as if it was one person telling lies about another person.

From what I can tell we are regulating the wrong way around the big corporations are getting the free ride when they neither need nor deserve it, while the smaller companys are getting put under a strangle hold.


It's hard to determine what the "right" and "wrong" way to regulate is, especially since many of the best intentioned forms of regulation have results ranging from disastrous effects to subtle negative effect.

It's easy to look at the big corporations and to determine ways to help small corporations, but it's also easy to forget about the consumer. If the government wants to raise the prices of a big corporation's goods so that smaller businesses may thrive, then we must also remember that consumers have to pay more for goods. The more the consumer pays for these goods, the less he has to buy other goods.

As one get's more responsibilities in life we have to follow more rules. It's ridiculous to shut a little girls lemonade stand down because of the lack of a license but it isn't to do this to a big lemonade company that operates nation wide. You need the extra rules in place because more can go wrong on the larger scale.

It's like how a small group of people could operate effectively under an anarchy but use that on a large scale like a city and we end up with major problems.

Hope I explained myself okay that time.


I feel that that companies will naturally inherit responsibilities that are already present. If corporations are held liable for shipping problems, then so should the little lemonade stand. Obviously the lemonade stand doesn't ship, so there are no worries.

I saw a video about a woman who owned a small ice cream shop. She used real strawberries and other fresh ingredients. A health inspector said that her food didn't meet mold requirements and that she needed to fix the problem. He suggested that she start using strawberry syrup and other alternatives because it's nearly impossible to keep mold levels down otherwise. The problem is that all her customers have been satisfied with the ice cream.

Not only that, but bigger government will sometimes abuse their programs for personal agendas.

Illegal Apples.

I'll look more into this event later because I'm sure I'm getting some of the terminology and details wrong, but the idea should be the same.
MageGrayWolf
offline
MageGrayWolf
9,462 posts
Farmer

It's getting a bit painful to type right now so I hope no one minds if I skip over a lot of the stuff directly addressed to my statements.

We can't assume that everyone buying a product is misinformed as to what the quality of the product really is.


Don't have to, a big business only need enough to run the small guy out. I'm talking about a company with vast resources gearing those resources to specifically keep anyone wanting to even stick there foot in the door out. If there is no regulation preventing this then there is nothing stopping them from doing just that. It won't matter how good or poor a product the other guy has.

I feel that that companies will naturally inherit responsibilities that are already present.


We've seen companies do the exact opposite time and time again. It's one of the major reasons we are in the mess we're in, because the companies are not taking the responsibility they should.
goumas13
offline
goumas13
4,752 posts
Grand Duke

What are the differences in corporate rights and individual rights?

In the law corporations are by and large treated as fictional persons, but unlike ordinary persons they are granted an unlimited "life" when chartered by state license. This means that, for the purposes of some legislation, corporations are treated as if they are single units rather than aggregates or conglomerates.
Furthermore, the courts have extended to the corporation (the fictional person) some constitutional rights guaranteed to individual persons. Legal rights to equal protection, due process, freedom of the press, and freedom from self-incrimination and unreasonable search, are, to some extent, extended to corporations.
For example, in the case "Citizens United v. Federal Election Commission" the USSC decided that the First Amendment protects corporate and union funding of independent political broadcasts in candidate elections. This means that a corporation could not be prohibited from making contributions or spending money to influence voters so long as they did not affect the business of the corporation.
Now the differences, Corporations are not considered full persons under the law. Therefore, the courts have denied corporations some privileges. E.g. Corporations cannot plead the Fifth Amendment to avoid self-incrimination and they don't have some of the rights to protection due to persons under the Fourteenth Amendment.

in the netherlands we dropped the small and middle size company on the same table and drawed a line at 1000+ for a company to be consideret big

Statistically or legally "big"?
MageGrayWolf
offline
MageGrayWolf
9,462 posts
Farmer

@goumas13
Okay... I'm going back to the science and leaving these sorts of questions up to you.

partydevil
offline
partydevil
5,129 posts
Jester

While a good idea, that is patently unconstitutional as it violates the right to the press clause in the First Amendment.


well you have to give up some things if you want change. the constitution is not holy or anything.

Statistically or legally "big"?

Statistically. but because they are Statistically big they have different rights and laws to follow.
ShamrockG
offline
ShamrockG
19 posts
Nomad

I dont understand why they are marching on Wall Street, instead of the fed.

partydevil
offline
partydevil
5,129 posts
Jester

i still don't understand the meaning of this either.
but it's becoming winter now. so let's see how bad the realy want change. =P


starting at the end of summer wasn't the best timing. =P

MageGrayWolf
offline
MageGrayWolf
9,462 posts
Farmer

I dont understand why they are marching on Wall Street, instead of the fed.


People are fed up with the corruption that's been going on.

Wall Street Protests: Interview with Scandalous Trader Alessio Rastani
partydevil
offline
partydevil
5,129 posts
Jester

good points in the video. it's only missing 1 thing.
a demand or idea about how to fix it.

MageGrayWolf
offline
MageGrayWolf
9,462 posts
Farmer

Take your money out of banks and put it in credit unions!]


I don't think that would have much of any impact.
partydevil
offline
partydevil
5,129 posts
Jester

This system needs to change! Take your money out of banks


something will change alright. but i doubt it will be for the beter.

The greedy ********S who run the banks are finally going to feel the pain..


if the banks fall because you all toke your money out of it then they can not be held responsible. and they will live their nice rich life untill their death. doesn't hurt them so much rly.
MageGrayWolf
offline
MageGrayWolf
9,462 posts
Farmer

The Young Turks have one possible way of helping in the form of a constitutional amendment.
Cenk Launches Wolf-PAC.com

partydevil
offline
partydevil
5,129 posts
Jester

The Young Turks

are you serius? the young turks?
they also say that prisons in the netherlands are falling empty.
(wich is 100% not true)
and ive seen some more non-sens from them.
the young turks is a comedy show in my eyes and nothing serius.
Rubberlegs623
offline
Rubberlegs623
96 posts
Nomad

It is okay to protest , but it is not okay to one: not clean up the area your. 2. Have open sex in public. 3. Prevent hardworking people fro their jobs.

deathbewithyou
offline
deathbewithyou
534 posts
Nomad

Some of these protesters have been harrasing resteraunts because they arn't with the union or something that these private bussinesses wont have anything to do with the union.

Showing 61-75 of 83