Marc2b -> RE: Freedom of the Press in danger? (7/5/2007 12:13:29 PM)
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I hope you do see my view, and interpetation. Yes, the theory of Free Market should be competition, offer a quality product, and one should be successful...well, not entirely so. True. There are no guarantees. The competition’s product may be of lesser quality but if the consumer is willing to settle in exchange for a lower price. Weather may adversely affect production. There a hundred, if not a thousand reasons why a company may fail. The free market is not about everybody succeeding, it is about everyone having the opportunity to try. It is about people being free to buy or not buy what they want. To work or not work for who they want. In short, it is about people, and not the government, making their own economic decisions. Those who decide wisely will usually (usually!) see success. Those who don’t won’t. Hopefully, those who don’t will learn from their mistakes and do better next time. Some do and become successful, others don’t and become democrats. quote:
While you can have a better product, that does not mean 'success'; From that product, you must be able to have the funds to promote, advertise; and this is where the rub comes in. You are limited to the money you have to invest in advertisement of your product or service. That alone, will stop you dead in your tracks, I know. Then...it's the crowd you run with, are aligned with; all want a piece of the action; those in the power circles grant their favor, but they extract a price. Limited advertising funds (something I am quite familiar with) simply means looking for alternatives. I work for and am part owner of a family business. When we started the only advertising we could afford was classified ads and leaflets. As profits increased we we’re able to take out real ads in the papers and later magazines. We’ve now reached a point where we can afford radio. Our story, our course, will not be the same as everybody else’s story. That’s is the underlying fact of economics that most people fail to grasp. One size does not fit all. quote:
I've done a lot of promotions, and when I meet a novice advertiser, I always ask how they intend to promote their product. You would be amazed at the people who want a direct mail campaign, and never give a thought as to postage. Simple as that, they spend money on brochures, printing, and have nothing left for postage. So they mail out 50 to 100 pieces at a time, with no follow up; no media adverts, no trade show events; and blame me for the failure of their effort. So they didn’t know what they were doing and they blamed you. That doesn’t surprise me. The first rule for anyone going into business for themselves should be "the buck stops here." quote:
It's all about money, the bigger you are,... like Disney, you can sell a bunch of Mickeys, worldwide. You have the money to create any media vehicle you wish, even to purchasing a news outlet; then you can decide what you want to send out on the airwaves; the news, as you see fit; slant it any way you desire, use it to create more of a market for your product, a Rubert Murdoc syndrome; and if any other enity wishes to advertise on your network, you can charge through the nose, thus prohibiting any competition; because you own the network and the license. However, if the competition is willing to pay, and do so, then I would say your definition is correct, the free market exists. But if they charge to much, no one will buy (and others will seek to move into the market with cheaper rates) – so there are still limits. Also, don’t fall into the false belief that corporations are so all powerful that they are here to stay forever. Contrary to popular belief, corporations are not a united, monolithic power block. They compete with each other and are subject to the same market forces and social changes everyone else is. Look at a list of the richest corporations twenty years ago, then look at a list of the richest ones today. Sure, some are still around but many have fallen by the wayside while new ones have emerged. In the 1930's, the largest grocery chain in America was Safeway. Today they are nowhere near the top. quote:
The more viewers your news outlet gets, the more other advertisers want in, and the government wants it share of 'propaganda' value; so you have a venue that is created to sell products, even the government has a product to sell...that being their agendas. This Iraq war, was a product, which was sold through every media vehicle available. Money was involved, No, you say...in a word; Haliburton. Of course the government has a product to sell. It is our responsibility as citizens to be skeptical hold the government accountable. If we fail to do that, we have only ourselves to blame. I forgot who said it (so all do credit to whoever credit is due), but they hit the nail on the head when they said "in a democracy the people can have what they want and will get what they deserve). quote:
The rights to Mickey Mouse and a host of other Disney properties were due to expire, I forget just when, about 15 or so years ago. Disney properties bring in millions if not billions; and the copyrights were due to run out. Thousands of firms were poised to flood the market with Disney products, as it was to become public domain. Disney, petitioned the government to extend the copyright law, granting another 25 years, or, I think, it's 100 years now, but has been amended to be forever, I'm not sure. Of course Disney would seek to do this. It was in their self interest. Self interest (which should not be confused with greed) is the driving force of economics. quote:
So, by virtue of their extrodinary position in the world ecomomy, they got done, what you, or I could never have gotten done. They had the government ammend a law, so their property would be protected; and in doing so, everyone else just recieved the benifit thereof. But, if I petitioned the gov. for additional protection, I'd be more of a laughing stock than I am here on CM. Now, I say what I say from a perspective of the common guy; not from an intellectual's classroom theory position, nor from the corporate elite. It has always been a 'mouse that roared' situation. I think what this boils down to is that you (along with many, many others) consider it unfair that the big guys get to do things the little guys can’t. Well, life is not fair. And we should be careful in our "remedies" to make it fair. Intentions and consequences are seldom the same. In our efforts to make life fair we often trample over others. I’ve said before that we need a body of laws neutrally applied. Obviously we don’t have that, but it is our own fault for electing the same assholes over and over again. If more people became informed and participated in government (that is, vote) and expressed a greater concern over the character of those they elect, then perhaps Disney would have been told to take their proposed amendment and cram it up Mickey’s soon to be public domain ass. But alas. quote:
I'm going to get that book, count on it. Good. It was an eye opener for me. Especially in realizing that centrally planned economies (i.e. socialism) are doomed to failure right from the start. I think for me the bottom line is this: Winston Churchill once said that democracy was the worst form of government, except for all the others. In a like vein, I believe that the free market is the worst economic system – except for all the others. Edited to add: the heart of the problem isn’t so much our economic system but our education system. We are not teaching people how to be economically self sufficient.
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