Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

[ScoobyDoo]

If capitalism is so great, why do corporations need tax breaks, subsidies, exemptions, grants, bailouts, legal protections, and trade barriers to survive? And when ordinary people ask for help, why is it suddenly called socialism?

I'll hang up and listen.

 

[MichVandal]

Ok, so the beef claims... You've all heard the beef producers whining about the dump deal of importing beef, right? And how ranchers think their beef will be worth pennies on the dollar because if it.

IF (big IF) that actually comes true, it really points out the house of cards beef futures are. A 3% increase in beef supply should not crater the market. What will crater the market if ranchers panic and flood the market with beef with the stupid notion of a 3% increase cratering the market.

With beef prices at an all time high, their income per cow is the highest its ever been. And it looks like they are going to ruin it.

If anything points to the flaws in cutting education.....

Then again, elmo's stocks are wildly over valued for what the company is actually doing and can realistically do, so the sense of business has departed our so called capitalist economy.

 

[ticapnews]

The problem is there is a monopsony (opposite of a monopoly) because there are only four companies that buy beef directly from farmers. So they can charge as little as they want to farmers and then turn around and charge whatever they want to grocers (who then pass the cost onto us). Why don't the grocers just go straight to the farmers? More efficient markets!

In short: Capitalism!

 

[ScoobyDoo]

The problem is there is a monopsony (opposite of a monopoly) because there are only four companies that buy beef directly from farmers. So they can charge as little as they want to farmers and then turn around and charge whatever they want to grocers (who then pass the cost onto us). Why don't the grocers just go straight to the farmers? More efficient markets!

In short: Capitalism!

As America defines it. America USED to believe in breaking up monopolies, they no longer believe in that.

Monopolies are generally bad for capitalism because they destroy the competition that keeps prices fair and quality high.

 

[ticapnews]

The child rapist war criminal threatens to attack Wall Street. Like, with the military.

 

[Jimjamesak]

The child rapist war criminal threatens to attack Wall Street. Like, with the military.

“Think we should get into this?”
…
“Just a thought.”