The Monopoly Has Arrived They Choose,You Lose

Then they should wait to go into business till they have the capital to open.
All this idiotic small business loans for dummies is not what going into biz is all about. Its a scam to promote agendas,not capital.

 

Oh yea? Then I suppose you'll be able to find us a study that reflects that opinion?

Here's a clue, you won't find it. Virtually every study done on the MW has shown little to no negative employment effects. (for full disclosure, part-time workers were negatively impacted). So the suggestion that the MW is killing business is just bloviating not supported by data.

 

I am a Free Market Capitalist at heart. The OP is correct. We have a few sources that have grown to dominate the market and are now becoming predatory.

My wife used to sell on Amazon on the side. She didn't need to, but enjoyed the work with one of her sisters and did pretty well. What started happening is that whenever they located a real profitable item, it was only good for about 3 weeks. Then, Amazon direct would find that product, get it in mass, and just barely undercut my wife's operation. This was a constant cycle. They were running algorithms through their database to find these profitable items and then undercutting the sellers. The margins were not their after time and my wife stopped doing it. I'm glad, because she is less busy and we don't need the money. She was a bit pissed on being undercut by the very entity that she promoting.

In short, Amazon has gone too far. They are too powerful. They need to be put in check as any monopoly should be.

Note: a monopoly is not 100% of the business, but such a dominant position that competing against them is prohibitive. We need small businesses as they are the lifeblood of our economy and freedoms as a nation.

 

It would be in our collective interest to subsidize the wages of unskilled labor hired by small business and individuals.

 

No the influx of cheap labor is what has taken jobs from our poor. Americans who hire illegals should be heavily fines and even jailed in some cases,imo.
Americans can't compete with big biz sedition at least treason at worse. Plus robots doing most of the work and factories leaving has taken many jobs from us.

Add monopolies to the equation and you have the perfect storm for a failed society.

 

No study needed. Google "the law of supply and demand" and think about it - for less than a minute.

 

Especially evident in our decaying urban Hell Holes.

 

Sears isn't coming back but K-Mart is selling Craftsman and Kenmore goods.

 

You're in over your head.

Supply and demand specifically tells us that raising floors can bring wages closer to the criteria we'd expect from a text book understanding of supply and demand. Or, do you believe we live in a text book world of perfect information and no friction in the labor market? Hopefully it's not the latter and maybe an understanding of economics beyond the text book would benefit you.

 

When less capital is required to open a business more businesses will start up and prosper.
Individual Americans would also hire unskilled workers at an affordable wage.

 

Well gosh, why didn't we just wave the magic wand and reduce the barriers to entry across multiple industries? Where's the wizard when you need him?

I'm not really surprised to see voodoo economics from people who still think trade is bad and tax breaks will "trickle down"

 

You’re simply not adapting to societal changes. There are online competitors to Amazon. AliExpress, for example, is a fairly new Chinese retail website that sells pretty anything you can buy at Amazon, with free shipping, almost always at a fraction of the price. You just need to be willing to wait a few weeks if your not in China, as they don’t yet have that many distribution centers. That’ll change, though.

 

That is just unresponsive empty ad hominem.
Again, Google "the law of supply and demand" think about it ad try again.

 

More angry irrational ad hominem. Not very persuasive. I am sure you can do better.

 

Nope, just economics, sorry they don't jive with your "reality" - let's actually take a look at the data, since you won't (maybe dissonance prevents it, idk)

http://cepr.net/documents/publications/min-wage-2013-02.pdf


Facts and evidence must be a real challenge for you. Try not to duck this analysis, try to find some issue with the methodology, or the data,... hell anything. Good luck champ!

 

You made a silly comment about reducing capital requirements, sorry for correctly identifying it as silly.

I'll indulge you though, by what mechanism or policy would you reduce the barriers to entry for a particular industry?

@Edit: You mistake my snark for personal attacks, truth is; it's your ideas I have a problem with (and the lack of evidence to support them).

 

Please try to frame an argument and support it with e few facts.

 

I have already done that. Eliminate the minimum wage.

Google ad hominem. It will help.

 

So now you've resorted to the fetal position.

I've provided evidence with a link to the study, even encouraged you to poke holes in it. You've done exactly zero in response short of "go google it", which would be fine if it were an elementary understanding I was gunning for.

So, to recap (and hopefully avoid another dodge) - the MW according to all available research has little to no negative employment effects. This result was found by multiple independent peer reviewed studies and confirmed by a meta-analysis of those. I've supplied once such paper supporting my argument. Perhaps you'd like to unfurl yourself now and participate.

 

Hey, that line has been used by every business who became a monopoly!! We are back where we were when there was a need for the sherman anti trust laws.

I used to put mom and pop, locally owned stores out of business, so my corporation would get all of the pie instead of a few pieces. At the end of the day, those locally owned stores could not compete in price with us. Being rather large, with tremendous buying power that comes from size, the same products they sold, at a higher cost for them, I could sell much cheaper and drive them out of business. And I got cheaper prices from the same people who also supplied those locally owned stores. On some products, this was illegal for me to get the same product cheaper, but there are ways around that, and its all because of size, the amount a business buys.

The goal was to become a monopoly. So we got it all. But the playing ground was not level. I had sources of income that locally owned stores did not have. Helps to create monopolies.

 

Golly, he's finally participating....

With that position you're going to struggle explaining why Germans, with higher price floors, have higher rates of entrepreneurship than Americans. Once again, simply doesn't jive with reality.

 

Small local retailers could compete with Amazon online but it would be a challenge for them. Many malls and towns have websites. Just add good search and a shopping cart. Businesses that already deliver locally could deliver more than pizza and groceries. Many would shun Amazon for a local alternative.

 

….THIS....

 

Yet more illogical unpersuasive ad hominem.

Why would you expect anyone who does not know you to click on or read your link? Think about that for a moment or two.
Then paste up what you find especially persuasive from your source. I will get back to you.

 

How is that relevant?