From: Dick.Gray@bull.com
Date: Tue Dec 15 1998 - 15:37:19 MST
Joe had written:
> >Since business acts to maximize its profits, eventual total merger
> >(and total "market" - read consumer, people or citizenry - control)
> >would be a lead-pipe certainty.
To which I responded:
> This is a total _non sequitur_. How does profit maximization lead
> inexorably to "total merger"? In a free market, the consumer is always in
> control - where else does the profit come from?
Joe's comeback:
>If there's only one source to get what you must have, and one price
>for it (as in monopoly), profit is maximized right along with control.
>Citizens become businees slaves and corporate serfs. Joe
<Sigh> This is going nowhere.
Let me try one more time: _Why are you positing that there's only one
source?_ How did we get to that point?
Can't you see that you're trying to argue by simply assuming your
conclusion? You've offered nothing so far but unsupported assertions.
Dick
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