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Weaving the Strands: Business, Economics, and Tax Policy 2.0

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  • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

    Originally posted by joecct View Post
    Staples buying Office Depot - stock and cash deal.
    I honestly had no idea either still existed.
    Cornell University
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    ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
    Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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    • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

      Originally posted by FreshFish View Post
      Did Jesus promote capitalism?
      LOL.
      Cornell University
      National Champion 1967, 1970
      ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
      Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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      • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

        Originally posted by Kepler View Post
        I honestly had no idea either still existed.
        They're both still kicking; probably because they've stuck to the office supplies and furniture side of the market since I doubt they're getting much share on the technology portion; that's what Newegg is for.

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        • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

          Originally posted by Kepler View Post
          That is a new one for me and I love it. Thank you!
          In the immortal words of Jean Paul Sartre, 'Au revoir, gopher'.

          Originally posted by burd
          I look at some people and I just know they do it doggy style. No way they're getting close to my kids.

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          • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

            Look for prices at Wal-Mart to go up. http://www.cnbc.com/id/102436075

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            • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

              Originally posted by FlagDUDE08 View Post
              Look for prices at Wal-Mart to go up. http://www.cnbc.com/id/102436075
              And their sales will go up since their employees can now afford to shop there.
              Cornell University
              National Champion 1967, 1970
              ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
              Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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              • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                Originally posted by Kepler View Post
                And their sales will go up since their employees can now afford to shop there.
                Don't they already get a 10% discount there? Or did South Park attribute that truly to the fictional Wall*Mart?

                I can hardly believe that profit margins at Wal-Mart are very high, and more believe that they depend upon volume of sales to reach their earnings estimates.

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                • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                  Originally posted by FlagDUDE08 View Post
                  I can hardly believe that profit margins at Wal-Mart are very high, and more believe that they depend upon volume of sales to reach their earnings estimates.
                  I know they deeply, deeply ef over their suppliers. That and economy of scale allows them to undercut competitors. It would only natural for them to then operate like any monopoly: drive the suppliers even lower (no other market for their goods) and drive their prices as high as they can (no other supplier for the consumer). The gap between means maximizing the profit margin while ALSO getting windfall sales.

                  Capitalism is its own gravedigger.
                  Cornell University
                  National Champion 1967, 1970
                  ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                  Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                  • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                    Originally posted by Kepler View Post
                    I know they deeply, deeply ef over their suppliers. That and economy of scale allows them to undercut competitors. It would only natural for them to then operate like any monopoly: drive the suppliers even lower (no other market for their goods) and drive their prices as high as they can (no other supplier for the consumer). The gap between means maximizing the profit margin while ALSO getting windfall sales.

                    Capitalism is its own gravedigger.
                    That is assuming that someone else doesn't start purchasing product, undercutting those highly driven prices, and making a good run until the behemoth attempts to buy them out. Pure capitalism has its own checks and balances. Look at how Sam's Club is starting to contract because they tried the same model you are describing, and the populace is just going elsewhere.

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                    • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                      Originally posted by FlagDUDE08 View Post
                      That is assuming that someone else doesn't start purchasing product, undercutting those highly driven prices, and making a good run until the behemoth attempts to buy them out. Pure capitalism has its own checks and balances. Look at how Sam's Club is starting to contract because they tried the same model you are describing, and the populace is just going elsewhere.
                      Monsters can always roll over and crush competitors in their sleep. Pure capitalism is an oxymoron -- the moment one player gets too strong they buy out the game. Utopia means "no place."
                      Cornell University
                      National Champion 1967, 1970
                      ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                      Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                      • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                        Originally posted by Kepler View Post
                        Monsters can always roll over and crush competitors in their sleep. Pure capitalism is an oxymoron -- the moment one player gets too strong they buy out the game. Utopia means "no place."
                        That has a dependency on sheeple. The public can be the great equalizer.

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                        • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                          Originally posted by FlagDUDE08 View Post
                          That has a dependency on sheeple. The public can be the great equalizer.
                          The public is the great equalizer through government.

                          Government isn't some alien lifeform -- it's merely another tool people have come up with. Just like business.
                          Cornell University
                          National Champion 1967, 1970
                          ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                          Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                          • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                            Originally posted by Kepler View Post
                            The public is the great equalizer through government.

                            Government isn't some alien lifeform -- it's merely another tool people have come up with. Just like business.
                            Monopolistic entities typically benefit from more government. Patents, trademarks, excessive legislation *coughppacacough*...

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                            • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                              That's why we need to reform those aspects of government, not just get rid of it entirely.

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                              • Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

                                As a broken up monopoly/trust ever emerged weaker after the breakup?
                                CCT '77 & '78
                                4 kids
                                5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
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                                ”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
                                - Benjamin Franklin

                                Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).

                                I want to live forever. So far, so good.

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