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Thank you for taking the time to explain what you meant. I appreciate it and don’t want to discount the time and effort you put into it. That being said, I vehe
by vxNsr 5y ago
Thank you for taking the time to explain what you meant. I appreciate it and don’t want to discount the time and effort you put into it. That being said, I vehemently disagree:
> First Pepsi Vs Coke. Both Pepsi and Coke make a product that takes no more than 10 cents to create, ship, and put into stores.
I’m sorry this is so patently false on it’s face that the rest of your argument doesn’t make any sense. It also fundamentally misunderstands how a market works and especially what the current system is.
The 2nd example is a little better but also just fails the sniff test, where I live right now, taxis are battling Uber/Lyft exactly because there were real pain points with taxis and the old system (that btw was also a monopoly, only blessed by the gov) that weren’t being addressed and the taxi companies in my city got their act together and decided to compete instead of attempting to hold us hostage to a broken gov-enforced monopoly system.
I also don’t think you really explained how it’s negative value, unless you’re simply making a personal subjective value judgement. If that’s the case, please don’t present it as objective fact, it’s dishonest.
- ItsMonkk 5y ago> what you meant I wasn't the original poster. It's not very constructive to post that someone is wrong, and not explain why they are wrong. How wrong are they? Nope, just "sniff test". Working from first principles is the only way to get across to someone your mental model, but doing so in a comment is impossible. It would take an entire series of books to fully explain. There are skipped steps, and conversations are about narrowing exactly where we have a mental model difference. Switching from one government granted monopoly to a duopoly is not progress. We need competition to force buyer's markets.
- vxNsr 5y ago> I wasn't the original poster. Yea I saw that after I replied but left it bec you seem to agree with them but didn’t actually explain what they meant. > It's not very constructive to post that someone is wrong, and not explain why they are wrong. How wrong are they You’re right. I should have been clearer. You told an substantiated lie, that’s why you are wrong. Not asking for first principles, just honesty. > Switching from one government granted monopoly to a duopoly is not progress. We need competition to force buyer's markets. Agreed. But the previous model was neither accurate nor a free market so using it as an example of a free market doesn’t work, and is dishonest. But really we’re getting way off track. I’d like to know how starting a new job where you’re getting paid more and ostensibly are productive is adding negative value.
- ItsMonkk 5y agoLet's say before this large coffee with investment money came in, there was 25 individual coffee shops in the city. Let's call them Starbucks. Then this company comes in with economies of scale and is able to sell coffee for 10% cheaper. Their product is more consistent. But there are individual coffee shops that produce higher quality coffee, and others who produce lower quality coffee, and both are more expensive. If this is your first time in the city, and you don't have any information from friends about the quality of random shops, your going to pick Starbucks. This is the value of a brand. And while they are still competing, everything is all good. But 5 years later once all of those individual coffee shops have gone out of business, you're left with just Starbucks and Dunkin Donuts. And they don't compete on price. Quality drops. Each of those 25 shops were doing their own creative thing. They were trying out all sorts of innovations. Some worked, others didn't. Now we have no innovation. The big shops are conservative and move at glacial pace. As a worker you were helping drive those innovations. You were testing stuff out. Now working at BigCo, you follow orders. You do what the machine tells you to do. If you're working for Uber, you pick people up, follow the route, and drop people off. --- Here's this question asked on quora: How much does soda cost?[0] This is in no way an authoritative source, but it's a neutral third-party that can at least end the slander that you are operating against me. The answer they give is that it's fair to say that basically the water and sugar is free, cost is right around $0.10, and after shipping it's about a quarter. So was I wrong by 250%? No, because they don't only offer cans of soda. Most of the soda they sell is at restaurants and all they need to ship is the dry stuff. I figure the $0.10 average is right on the money. [0]: https://www.quora.com/How-much-does-it-cost-to-manufacture-355-ml-12-fl-ounces-of-Coca-Cola-Do-we-pay-much-more-than-that-What-accounts-for-the-difference-How-do-they-get-so-many-people-to-pay-so-much-more https://www.quora.com/How-much-does-it-cost-to-manufacture-3...