 jmn1207Premium
join:2000-07-19
Ashburn, VA | reply to Rickez
Re: Current customers said by Rickez:Why can't these companies strive with current subscriptions to service? Any publicly traded company has to grow, or promise to grow, in order to gain investment dollars to support their business. |
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 kapilThe Kapil
join:2000-04-26
Chicago, IL | said by jmn1207:Any publicly traded company has to grow, or promise to grow, in order to gain investment dollars to support their business. Aah. The fundamental flaw in capitalism that we seem to gloss over all too often as we're busy blaming all the ills of this world on communism.
What goes up must come down, as they say...companies can't grow forever. Expecting them to do that is unrealistic....and it's those unrealistic expectations that have landed us in our current economic turmoil.
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»www.Digium.com |
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| Free-market capitalism has nothing to do with our current economic situation. Crony-capitalism, mercantilism, and socialism are to blame. |
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OwlSaverOwlSaverPremium
join:2005-01-30
Berwyn, PA Reviews:
 ·Verizon FiOS
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Actually, it is not really so bad. Companies come and companies go. Early on a company grows very fast, but then it reaches a large size. At this large size, it cannot adapt, it just milks profit by small adjustments or acquisition. Then, along comes a smaller and nimbler company.
For cable/telco/tv/movies, the smaller and nimbler company will be an internet based tv network. YouTube is fun for a while, but it is not the same as tuning in to watch Law and Order (fill in your favorite entertainment) each week.
Some creative entrepreneur is going to create a Web only tv network. It probably already exists. There just needs to be an easy way to ply your cat five cable into the back of your tv set and use the tuner metaphor to browse the web for entertainment.
So, while Comcast cannot grow forever, some other company can grow to take its place. Life goes on. |
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kapilThe Kapil
join:2000-04-26
Chicago, IL | reply to capitalist
said by capitalist :
Free-market capitalism has nothing to do with our current economic situation.
No?
Management of a company has a fiduciary responsibility to guarantee profits and appreciating stock prices....at the peril of everything else....employees, society, nation. A CEO can actually get in trouble if puts the environment, or employee well being above company profits.
The fundamental principal of capitalism is profit for investors. And investors seek growth. It's a catch 22....and one that's been killing this country.
The whole system is broken. The wretched investors who "demand profit" are pension funds and insurance companies...who need those profits to fund insurance payouts, retiree benefits and what not. So it's hard to place all the blame on them.
The management is doing what it was hired to do...turn a profit.
Employees just want a paycheck to pay off their 60" LCD TV.
...and consumers want to buy that damn 60" TV, even if they can't afford it.
The whole damn system has been rotting from the inside out for decades.
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»www.Digium.com |
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kapilThe Kapil
join:2000-04-26
Chicago, IL | reply to OwlSaver
said by OwlSaver:So, while Comcast cannot grow forever, some other company can grow to take its place. Life goes on. Yes, in theory. But what really happens is that companies pay millions for marketing and lobbying and live well past their "fresh until" date, Terry Schiavo style. That's one hell of a bastardized and perverted way to practice capitalism.
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»www.Digium.com |
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me1212
join:2008-11-20
Pleasant Hill, MO | "Yes, in theory. But what really happens is that companies pay millions for marketing and lobbying and live well past their "fresh until" date, Terry Schiavo style. That's one hell of a bastardized and perverted way to practice capitalism."
I know we need to stop the companies to stop lobbing to skrew the little guy and let them live on their own with no Government life line. |
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KearnstdElf WizardPremium
join:2002-01-22
Mullica Hill, NJ | reply to kapil
said by kapil:said by capitalist :
Free-market capitalism has nothing to do with our current economic situation.
No? Management of a company has a fiduciary responsibility to guarantee profits and appreciating stock prices....at the peril of everything else....employees, society, nation. A CEO can actually get in trouble if puts the environment, or employee well being above company profits. The fundamental principal of capitalism is profit for investors. And investors seek growth. It's a catch 22....and one that's been killing this country. The whole system is broken. The wretched investors who "demand profit" are pension funds and insurance companies...who need those profits to fund insurance payouts, retiree benefits and what not. So it's hard to place all the blame on them. The management is doing what it was hired to do...turn a profit. Employees just want a paycheck to pay off their 60" LCD TV. ...and consumers want to buy that damn 60" TV, even if they can't afford it. The whole damn system has been rotting from the inside out for decades. which is why VZN investors where hating FIOS, it was all cost and no instant money even if its long term is lower operating costs and higher profit per sub.
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[65 Arcanist]Filan(High Elf) Zone: Broadband Reports |
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| Im switching Comcast to Fios next week.
Better product, more services, cheaper rate.
No brainer.
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It's all part of my rock and roll fantasy |
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NormanSPremium,MVM
join:2001-02-14
San Jose, CA
kudos:4 Reviews:
 ·SONIC.NET
·Pacific Bell - SBC
| reply to kapil
said by kapil:The whole damn system has been rotting from the inside out for decades. More like millennia ... all the way back to the Mesopotamian God-Kings.
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Norman
~Oh Lord, why have you come
~To Konnyu, with the Lion and the Drum |
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| reply to capitalist
said by capitalist :
Free-market capitalism has nothing to do with our current economic situation. Crony-capitalism, mercantilism, and socialism are to blame.
If socialism would be involved, those crooks "managing" companies like AIG would be in jail. Failure to properly manage/purposefully running into the ground for personal gain a company belonging to the state (as in socialism) is a serious offense that would at least entail a long sentence in a labor camp.
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Obama '08. Will help resolve the terrible broadband issues we have that put us so far behind other countries. |
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| reply to Fountainhead
said by Fountainhead:Im switching Comcast to Fios next week. Better product, more services, cheaper rate. No brainer. I envy you. Good luck and enjoy your non comcastic product that delivers what you pay for.
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Obama '08. Will help resolve the terrible broadband issues we have that put us so far behind other countries. |
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| reply to kapil
said by kapil:said by OwlSaver:So, while Comcast cannot grow forever, some other company can grow to take its place. Life goes on. Yes, in theory. But what really happens is that companies pay millions for marketing and lobbying and live well past their "fresh until" date, Terry Schiavo style. That's one hell of a bastardized and perverted way to practice capitalism. Truth !!!
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Obama '08. Will help resolve the terrible broadband issues we have that put us so far behind other countries. |
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NormanSPremium,MVM
join:2001-02-14
San Jose, CA
kudos:4 Reviews:
·SONIC.NET
·Pacific Bell - SBC
| reply to sturmvogel
I am told that the direction we are headed is not "socialism" (aka state ownership of the means of production), but "fascism" (aka state partnership with the private owners of the means of production).
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Norman
~Oh Lord, why have you come
~To Konnyu, with the Lion and the Drum |
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| said by NormanS:I am told that the direction we are headed is not "socialism" (aka state ownership of the means of production), but "fascism" (aka state partnership with the private owners of the means of production). Yes, true. Do something about it. There are many people "seeing" that direction and nobody does anything. Is 1933 Germany already forgotten ? Do not let Obama help escape those that should be prosecuted for the crimes done and that are responsible for the death of over 4000 American soldiers.
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Obama '08. Will help resolve the terrible broadband issues we have that put us so far behind other countries. |
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NormanSPremium,MVM
join:2001-02-14
San Jose, CA
kudos:4 | I did. But Obama won the election anyway. What more can I do? |
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fiberguyMy views are my own.Premium
join:2005-05-20
kudos:3 | reply to sturmvogel
Obama believes he is intelligent, however, its VERY clear he never took a History course to save his life! .. Neither has Queen Pelosi, or Price Reid. Those who don't learn and understand History are bound to repeat it.
A long time ago, listening to Obama and his "vision for a better future" ... over night, obviously never studied the Carter administration... he tried to make too many of the wrong changes at the wrong time.. We're heading down that path.
And, to all the Obama lovers out there, if you can't also see that Obama is back-peddling on almost all of his positions, mostly becuase he realizes that what he wants to do just won't work, well, then there's just no hope for you.
And before you turn this into a black and white issue and assume that I must be "on the other side"... Bush did no better. "Organized politics" don't work.. to assume that we can take one stance and live our lives through the end days and all will be well is completely idiotic.
Bush/Chaney may have had their hands in screwing up the economy,.. Obama is going to put the final nail in our coffin. |
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| reply to jmn1207
said by jmn1207:said by Rickez:Why can't these companies strive with current subscriptions to service? Any publicly traded company has to grow, or promise to grow, in order to gain investment dollars to support their business. Not true. If a company remains stable while others drop, then that is great. So no, you are right that growth is viewed as good, but if a company remains healthy in a recession or depression, their stock can go up a lot. |
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| reply to kapil
Re: Current customers said by kapil:said by capitalist :
Free-market capitalism has nothing to do with our current economic situation.
No? Management of a company has a fiduciary responsibility to guarantee profits and appreciating stock prices....at the peril of everything else....employees, society, nation. A CEO can actually get in trouble if puts the environment, or employee well being above company profits. The fundamental principal of capitalism is profit for investors. And investors seek growth. It's a catch 22....and one that's been killing this country. The whole system is broken. The wretched investors who "demand profit" are pension funds and insurance companies...who need those profits to fund insurance payouts, retiree benefits and what not. So it's hard to place all the blame on them. The management is doing what it was hired to do...turn a profit. Employees just want a paycheck to pay off their 60" LCD TV. ...and consumers want to buy that damn 60" TV, even if they can't afford it. The whole damn system has been rotting from the inside out for decades. It's not capitalism, but corporatism. Cable companies are in a partnership with the local governments to provide cable services so that by definition is corporatism.
Also, the stock markets are not capitalism. There are many reasons why, including the fact that our currency does not represent capital. Our dollar represents debt and is centrally controlled and regulated through the 'federal reserve.' The very fact that our government is bailing out banks on the order of trillions of dollars speaks loudly that our government is in a partnership with them.
One day I hope people will understand that just because money and greed are factors doesn't automatically mean that it is capitalism.
The United States has long since abandoned capitalism. You can go back to 1913 or a bit later to Woodrow Wilson or Franklin Roosevelt to find blame as to why/when we abandoned capitalism. |
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