Libertarian's Forum
Libertarian Forum to discuss politics and free market economics.
Libertarian's ForumLibertarian's ForumFreedom Forum › Burger King Doesn't Understand the Free Market
Page Index Toggle Pages: 1 [2]  Send TopicPrint
Hot Topic (More than 10 Replies) Burger King Doesn't Understand the Free Market (Read 264 times)
Don_G
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 9992
Location: British Columbia
Joined: May 8th, 2017
Re: Burger King Doesn't Understand the Free Market
Reply #10 - Feb 4th, 2018 at 1:20pm
Print Post  
Burger King understands the free market perfectly. Or at least, what has become the free market in the US.

Running a business is secondary to making a profit to the shareholders. There's no interest in running a profitable business that enriches those directly involved in the business. That is, a business that cares about it's workers and it's management.

It's the European model that continued to be successful in corporations such as Michelin tires or Volkswagon, and others.

American greed that's concentrating on enriching shareholders at the expense of good business practices is destroying America. And Trump has put the process in high gear.
  
Back to top
 
IP Logged
 
kaz
Libertarian Freedom Member
*****
Offline

Minarchist

Posts: 5533
Location: Kazmania
Joined: Jun 6th, 2017
Re: Burger King Doesn't Understand the Free Market
Reply #11 - Feb 4th, 2018 at 2:17pm
Print Post  
The Opposition wrote on Jan 28th, 2018 at 5:05pm:
https://www.theverge.com/2018/1/24/16927890/burger-king-net-neutrality-ad

In this article, Burger King successfully compares Internet Service providers throttling or blocking content to Burger King itself charging people more to get their whoppers in a reasonable time, or slowing down access to the whopper so they can sell more chicken fries.

It's a damn good comparison. Perfect analogy.

...Except that the law already allows them to do all these things.

They just don't because it would send customers packing.

D'oh!


It makes no sense what they are saying net neutrality is.

A better example would be that there is a Burger King, McDonald's and Wendy's next door to each other.  Each takes 3 minutes to prepare an order.

Burger King wants to give it's customers faster service.  They want to cut turn around to 2 1/2 minutes.  It would cost $100K to do that for the Burger King only.  Wendys and McDonald's would also cost $100K each.

Government tells Burger King that they cannot cut their own times by 30 seconds for $100K.  They must pay $300K to cut the times of McDonald's and Wendy's customers to 2 1/2 minutes as well
  

Greg Gutfeld - I became a conservative by being around liberals and I became a libertarian by being around conservatives

Matt Stone - I hate conservatives, but I really f'ing hate liberals
Back to top
 
IP Logged
 
Billie
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 29348
Location: USA
Joined: Feb 26th, 2014
Re: Burger King Doesn't Understand the Free Market
Reply #12 - Feb 4th, 2018 at 3:05pm
Print Post  
kaz wrote on Feb 4th, 2018 at 2:17pm:
It makes no sense what they are saying net neutrality is.

"Net Neutrality" means government regulated "fairness". That's how I understand it.

http://thecrux.com/net-neutrality-advocates-are-asking-the-wrong-questions/
  
Back to top
 
IP Logged
 
The Opposition
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 6565
Joined: Apr 30th, 2014
Re: Burger King Doesn't Understand the Free Market
Reply #13 - Feb 4th, 2018 at 6:19pm
Print Post  
kaz wrote on Feb 4th, 2018 at 2:17pm:
It makes no sense what they are saying net neutrality is.

A better example would be that there is a Burger King, McDonald's and Wendy's next door to each other.  Each takes 3 minutes to prepare an order.

Burger King wants to give it's customers faster service.  They want to cut turn around to 2 1/2 minutes.  It would cost $100K to do that for the Burger King only.  Wendys and McDonald's would also cost $100K each.

Government tells Burger King that they cannot cut their own times by 30 seconds for $100K.  They must pay $300K to cut the times of McDonald's and Wendy's customers to 2 1/2 minutes as well


Often it will be a single ISP selling products that compete with each other. If they think that they can sell more of the faster speed by making the slower speed even slower, they have the right to do that.
  

Making Sci-Fi great again since 2063.

Not taking Jeff seriously until he admits this is animal abuse (which he says should be illegal): http://www.youtube.com/watch?v=WE-IT7_CaE4
Back to top
 
IP Logged
 
Billie
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 29348
Location: USA
Joined: Feb 26th, 2014
Re: Burger King Doesn't Understand the Free Market
Reply #14 - Feb 4th, 2018 at 6:51pm
Print Post  
The Opposition wrote on Feb 4th, 2018 at 6:19pm:
Often it will be a single ISP selling products that compete with each other. If they think that they can sell more of the faster speed by making the slower speed even slower, they have the right to do that.
Did you read in the article I linked to about the role of government regulation in creating a few giant powerful ISPs?

The solution to a perceived problem that has been created by government regulation is to get rid of the regulation that is causing the problem.

Regulatory screw ups, if removed, allow markets to work better.

If the proposed solution to a regulatory screw up is more regulation, expect problems to multiply and grow.
  
Back to top
 
IP Logged
 
kaz
Libertarian Freedom Member
*****
Offline

Minarchist

Posts: 5533
Location: Kazmania
Joined: Jun 6th, 2017
Re: Burger King Doesn't Understand the Free Market
Reply #15 - Feb 4th, 2018 at 8:41pm
Print Post  
The Opposition wrote on Feb 4th, 2018 at 6:19pm:
Often it will be a single ISP selling products that compete with each other. If they think that they can sell more of the faster speed by making the slower speed even slower, they have the right to do that.


And as a consumer ... you can switch to an ISP you prefer.  Funny how that works, huh?

This is you wanting more free crap.  Yes, Virginia, life is work.  Better that then being a subject and government forcing me to do ridiculous things like bake cakes for other citizens
  

Greg Gutfeld - I became a conservative by being around liberals and I became a libertarian by being around conservatives

Matt Stone - I hate conservatives, but I really f'ing hate liberals
Back to top
 
IP Logged
 
The Opposition
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 6565
Joined: Apr 30th, 2014
Re: Burger King Doesn't Understand the Free Market
Reply #16 - Feb 5th, 2018 at 12:55am
Print Post  
I said I'm against Net Neutrality. Many times.

If freedom dictates I should be for it, then I will change my position.
  

Making Sci-Fi great again since 2063.

Not taking Jeff seriously until he admits this is animal abuse (which he says should be illegal): http://www.youtube.com/watch?v=WE-IT7_CaE4
Back to top
 
IP Logged
 
Billie
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 29348
Location: USA
Joined: Feb 26th, 2014
Re: Burger King Doesn't Understand the Free Market
Reply #17 - Feb 5th, 2018 at 7:47am
Print Post  
The Opposition wrote on Feb 5th, 2018 at 12:55am:
I said I'm against Net Neutrality. Many times.

If freedom dictates I should be for it, then I will change my position.
Freedom dictates that you should oppose government regulation.
  
Back to top
 
IP Logged
 
kaz
Libertarian Freedom Member
*****
Offline

Minarchist

Posts: 5533
Location: Kazmania
Joined: Jun 6th, 2017
Re: Burger King Doesn't Understand the Free Market
Reply #18 - Feb 5th, 2018 at 10:55am
Print Post  
The Opposition wrote on Feb 5th, 2018 at 12:55am:
I said I'm against Net Neutrality. Many times.

If freedom dictates I should be for it, then I will change my position.


Freedom?  You mean like government forcing you to bake cakes for other citizens at the point of a gun?  That kind of freedom that you so adore?
  

Greg Gutfeld - I became a conservative by being around liberals and I became a libertarian by being around conservatives

Matt Stone - I hate conservatives, but I really f'ing hate liberals
Back to top
 
IP Logged
 
The Opposition
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 6565
Joined: Apr 30th, 2014
Re: Burger King Doesn't Understand the Free Market
Reply #19 - Feb 5th, 2018 at 10:55pm
Print Post  
Billie wrote on Feb 5th, 2018 at 7:47am:
Freedom dictates that you should oppose government regulation.


Net Neutrality is government regulation therefore I oppose it.
  

Making Sci-Fi great again since 2063.

Not taking Jeff seriously until he admits this is animal abuse (which he says should be illegal): http://www.youtube.com/watch?v=WE-IT7_CaE4
Back to top
 
IP Logged
 
Page Index Toggle Pages: 1 [2] 
Send TopicPrint
 
Libertarian's ForumLibertarian's ForumFreedom Forum › Burger King Doesn't Understand the Free Market
Libertarian's Forum

Libertarian's Forum Information Rules, Agreement and Privacy Policy