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Participatory Economics: A Real Alternative
Menace Date: Thursday, 19/Feb/09, 10:37 PM | Message # 31

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Quote (J-Breakz)
I'm against any corporation doing anything crooked such as bribing government officials, getting mafia involved, etc.... If Wal-Mart or the music companies have done any of such then I agree, that's completely wrong. However, if the corporation just uses smart tactics than I don't think there is anything wrong with that. If a corporation raises prices to whatever they like their is going to be competition eventually, even Wal-Mart has competitors.

a corporation in laws and governments eyes is a life breathing individual the founding fathers warned us about business becoming law in fact the founding fathers of the United States were not interested in giving constitutional rights to corporations. In fact, they wanted to regulate corporations very tightly because they had had bad experiences with corporations during colonial times. The crown charter corporations like the East India Company and the Hudson Bay Company had been the rulers of America. So when the constitution was written, corporations were left out of the Constitution. Responsibility for corporate chartering was given to the states. State governance was closer to the people and would enable them to keep an eye on corporations.


eboyd Date: Thursday, 19/Feb/09, 11:04 PM | Message # 32

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That's the thing man. What MAJOR corporation doesn't use crooked tactics? Sure, smaller corporations don't as much, but that is usually why they are smaller. Some do make it sort of big, but never to the level Walmart has. As a person who studies economics (I do too. I'm majoring in business administration and Columbia University wants me to apply) you must have studied Paul Warburg, James Vanderbilt, the Rockefeller family (esp. John D.), Andrew Carnegie, JP Morgan, etc., and while they were ingenious businessmen, they were all known for their cutthroat business tactics and corruption, the Rockefellers especially. John D. was known for buying local politicians and being a meek, mild-tempered man who would have sold his mother for the right price. Small business is and has been the essence of America since 1776 if not earlier and up until the 1860's, when the first big corporations -- railroads and crude oil (at that time for kerosene, not gasoline) -- were established, there was very little corruption in business and as you said, back then the only heavy corruption was in the political realm if at all (yes, there were very serious problems, but not in business). When the railroads came along that all changed. This is when you start to see the first instances of stock watering, backdoor rebates, etc. For example, if a railroad was built with a big farm on one side and a little farm on the other, the railroad would charge them both the same price for shipping (as they were required to do) but it would give these secret rebates to the big farm after the shipment arrived. These kinds of crooked tactics are the essence of the large corporation. Why do you think the Better Business Bureau exists? Most capitalists agree that we need a BBB. And the larger corporations usually rank lower with the BBB than anyone else.

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EmSeeD Date: Saturday, 21/Feb/09, 8:53 PM | Message # 33

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btw whats all this shit i was hearing from obama and hillary clinton that china are cheating coz they're prices are lower? whats up with that.

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Menace Date: Tuesday, 26/May/09, 6:14 PM | Message # 34

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bump this was a good thread

Menace Date: Thursday, 10/Sep/09, 6:00 PM | Message # 35

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8diagrams your a bimbo

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