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<blockquote data-quote="curiousbrain" data-source="post: 800239" data-attributes="member: 31608"><p>I'm a little late to the party, but I'll file a response for ... posterity. And, of course, this is all just my opinion; I strictly maintain that I don't actually know anything.</p><p></p><p></p><p></p><p>A "true free market?" That's fairly subjective, but I digress. In almost all free market economies, several players come to dominate because, initially they were run by people who were ahead of the curve, and afterwards there is a fiscal or corporate momentum which carries them to the forefront of the marketplace. The fact that Microsoft dominates the computer operating system market is, while regarded as a monopoly, the result of the invisible hand saying "Gates and Allen had it right in the 70's, and they are still riding that wave" (albeit to a lesser extent these days then they used to). Why is it when the free market boosts a company to first place, then suddenly the market is "rigged" and such?</p><p> </p><p></p><p></p><p>This is an emergent phenomenon, is all; and certainly not the first. The fact that the interests of government and business coincide is not because they all sat in a room together and planned it out from the very beginning, but rather that their interests are one and the same - as you stated, a single mouthpiece from which to echo various sentiments. As you intimated, I fully believe that now that the system (of media conglomerates, and all that) is in place that there are concerted efforts on both side to keep it the way it is, but it strikes me as paranoid and devious to suggest that both sides drew up a blueprint a hundred years ago (or some other arbitrary time frame) to make things the way they are.</p><p> </p><p></p><p></p><p>Horse hockey. The mechanism of force by which they exert their market control is called money, power, and (perhaps as a result of the first two) influence.</p><p></p><p>If there is no way to exert market control and the market is pure chaos and arbitrary, then why would anyone bother going into business? Because then the quality of their product, the power of their lobbyists, and all those other slick tools of capitalism would be a big fat waste of time.</p><p></p><p></p><p></p><p></p><p>I'm willing to posit that plenty of them know their history (perhaps more of it then anyone on BrownCafe does), it's just that they extract different lessons/truths/etc from it then you or I do; which is a healthy thing.</p><p></p><p>All that said, I will admit I didn't read all the linked articles so it's possible some of my points were addressed in those.</p></blockquote><p></p>
[QUOTE="curiousbrain, post: 800239, member: 31608"] I'm a little late to the party, but I'll file a response for ... posterity. And, of course, this is all just my opinion; I strictly maintain that I don't actually know anything. A "true free market?" That's fairly subjective, but I digress. In almost all free market economies, several players come to dominate because, initially they were run by people who were ahead of the curve, and afterwards there is a fiscal or corporate momentum which carries them to the forefront of the marketplace. The fact that Microsoft dominates the computer operating system market is, while regarded as a monopoly, the result of the invisible hand saying "Gates and Allen had it right in the 70's, and they are still riding that wave" (albeit to a lesser extent these days then they used to). Why is it when the free market boosts a company to first place, then suddenly the market is "rigged" and such? This is an emergent phenomenon, is all; and certainly not the first. The fact that the interests of government and business coincide is not because they all sat in a room together and planned it out from the very beginning, but rather that their interests are one and the same - as you stated, a single mouthpiece from which to echo various sentiments. As you intimated, I fully believe that now that the system (of media conglomerates, and all that) is in place that there are concerted efforts on both side to keep it the way it is, but it strikes me as paranoid and devious to suggest that both sides drew up a blueprint a hundred years ago (or some other arbitrary time frame) to make things the way they are. Horse hockey. The mechanism of force by which they exert their market control is called money, power, and (perhaps as a result of the first two) influence. If there is no way to exert market control and the market is pure chaos and arbitrary, then why would anyone bother going into business? Because then the quality of their product, the power of their lobbyists, and all those other slick tools of capitalism would be a big fat waste of time. I'm willing to posit that plenty of them know their history (perhaps more of it then anyone on BrownCafe does), it's just that they extract different lessons/truths/etc from it then you or I do; which is a healthy thing. All that said, I will admit I didn't read all the linked articles so it's possible some of my points were addressed in those. [/QUOTE]
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