5 Big Lies About American Business & How to Smear the Free-Market Economy
Immortalist
from the phenomenal productivity of the free market, so why do so many
people feel guilty or skeptical about our business system? In this
passionately argued, eye-opening book, talk-radio star and bestselling
author Michael Medved provides detailed and devastating rebuttals to
the most widely circulated smears against capitalism.
MYTH: Big business is bad, small business is good.
TRUTH: Every big business began life as a small business, and every
small business today yearns for enough success to become a big
business tomorrow. For some products—like cars or electrical power—
little companies can’t benefit their workers or customers as reliably
as huge corporations.
MYTH: Business executives are overpaid and corrupt.
TRUTH: Top leaders will always command top dollar, and a company can’t
limit executive pay without limiting its access to talent. Ferocious,
long-term competition in the corporate world ultimately rewards focus
and hard work, not short cuts and corruption.
MYTH: You can count on better treatment from the government than from
business.
TRUTH: If a private company deals with you poorly, you can take your
business elsewhere. But with the government’s power, you get only two
choices: compliance or jail.
Medved responds to business-bashing lies with the slashing wit,
irrefutable facts, fascinating historical nuggets, illuminating
anecdotes, and liberating clarity that made him one of the top-ten
talk-radio hosts in the United States. This audacious and urgently
needed book provides energy and inspiration for a beleaguered free-
market system poised for its unstoppable comeback.
http://www.amazon.com/Big-Lies-About-American-Business/dp/0307464946
http://www.cnbc.com/id/33910912
Rod Speed
> Why feel embarrassed by business? Every American benefits
> every day from the phenomenal productivity of the free market,
There is no free market, just some freer than others.
> so why do so many people feel guilty or skeptical about our business system?
Very few feel either.
> In this passionately argued, eye-opening book, talk-radio star and
> bestselling author Michael Medved provides detailed and devastating
> rebuttals to the most widely circulated smears against capitalism.
Nothing devastating about any of them.
> MYTH: Big business is bad, small business is good.
> TRUTH: Every big business began life as a small business,
> and every small business today yearns for enough success
> to become a big business tomorrow.
Plenty dont with that last.
> For some products�like cars or electrical power�
> little companies can�t benefit their workers or
> customers as reliably as huge corporations.
> MYTH: Business executives are overpaid and corrupt.
> TRUTH: Top leaders will always command top dollar,
And plenty of them are overpaid as well.
> and a company can�t limit executive pay without limiting its access to talent.
Mindlessly silly line. There isnt a shred of evidence
that the most highly paid are the best talent.
> Ferocious, long-term competition in the corporate world ultimately
> rewards focus and hard work, not short cuts and corruption.
Easy to claim. Have fun actually substantiating that claim.
> MYTH: You can count on better treatment from the government than from business.
> TRUTH: If a private company deals with you poorly, you
> can take your business elsewhere. But with the government�s
> power, you get only two choices: compliance or jail.
Wrong again. In plenty of situations you are free to
choose what the govt offers or use what a private
company offers instead most obviously with education.
> Medved responds to business-bashing lies with the slashing wit,
Like hell he does.
> irrefutable facts, fascinating historical nuggets, illuminating
> anecdotes, and liberating clarity that made him one of the
> top-ten talk-radio hosts in the United States.
That last doesnt say much.
> This audacious and urgently needed book
Its neither.
> provides energy and inspiration for a beleaguered free-
> market system poised for its unstoppable comeback.
There is no free market system, fool.
> http://www.amazon.com/Big-Lies-About-American-Business/dp/0307464946
> http://www.cnbc.com/id/33910912
Jerry Okamura
"Rod Speed" <rod.sp...@gmail.com> wrote in message
news:7otkmuF...@mid.individual.net...
> Immortalist wrote:
>
>> Why feel embarrassed by business? Every American benefits
>> every day from the phenomenal productivity of the free market,
>
> There is no free market, just some freer than others.
Because of government.
Rod Speed
> Rod Speed <rod.sp...@gmail.com> wrote
>> Immortalist wrote:
>>> Why feel embarrassed by business? Every American benefits
>>> every day from the phenomenal productivity of the free market,
>> There is no free market, just some freer than others.
> Because of government.
Nope, there isnt even a free market in somalia or any place with no govt like antartica either.
Dan Clore
> Why feel embarrassed by business? Every American benefits every day
> from the phenomenal productivity of the free market, so why do so
> many people feel guilty or skeptical about our business system? In
> this passionately argued, eye-opening book, talk-radio star and
> bestselling author Michael Medved provides detailed and devastating
> rebuttals to the most widely circulated smears against capitalism.
Okay, so far we have the equation capitalism = our business system =
free market. We don't have a truly free market, so at least one of this
is out of place. If that weren't bad enough, the following adds big
business to the equation, so we have capitalism = our business sytem =
free market = big business.
> MYTH: Big business is bad, small business is good.
>
> TRUTH: Every big business began life as a small business,
False.
> and every
> small business today yearns for enough success to become a big
> business tomorrow.
Even more false. I post stories about small businesses (collectives,
cooperatives, etc.) that don't want to become big businesses all the time.
> For some products�like cars or electrical power�
> little companies can�t benefit their workers or customers as reliably
> as huge corporations.
Unsupported claim.
> MYTH: Business executives are overpaid and corrupt.
>
> TRUTH: Top leaders will always command top dollar, and a company
> can�t limit executive pay without limiting its access to talent.
> Ferocious, long-term competition in the corporate world ultimately
> rewards focus and hard work, not short cuts and corruption.
False again. We continuously see CEOs run corporations into the ground,
"save" the corporation by firing ordinary workers, and then giving
themselves gigantic bonuses. Not to mention the big businesses using
bail-out money to give their bosses titanic bonuses.
> MYTH: You can count on better treatment from the government than from
> business.
>
> TRUTH: If a private company deals with you poorly, you can take your
> business elsewhere. But with the government�s power, you get only two
> choices: compliance or jail.
Overstated, but at least a partial truth.
The essential overlooked fact here is that big business and big
government overlap and interchanging members to the point where they are
in practice almost indistinguishable, forming a single power elite. Big
business uses government to gain advantage any time it can do so. If you
want a truly free market (some of us do), you need to remove the
privileges that government grants businesses, big business and
corporations most especially.
--
Dan Clore
New book: _Weird Words: A Lovecraftian Lexicon_:
http://tinyurl.com/yd3bxkw
My collected fiction, _The Unspeakable and Others_:
(Wait for the new edition: http://hplmythos.com/ )
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http://tinyurl.com/292yz9
News & Views for Anarchists & Activists:
http://groups.yahoo.com/group/smygo
Strange pleasures are known to him who flaunts the
immarcescible purple of poetry before the color-blind.
-- Clark Ashton Smith, "Epigrams and Apothegms"
*Anarcissie*
> Immortalist wrote:
> > Why feel embarrassed by business? Every American benefits every day
> > from the phenomenal productivity of the free market, so why do so
> > many people feel guilty or skeptical about our business system? In
> > this passionately argued, eye-opening book, talk-radio star and
> > bestselling author Michael Medved provides detailed and devastating
> > rebuttals to the most widely circulated smears against capitalism.
>
> Okay, so far we have the equation capitalism = our business system =
> free market. We don't have a truly free market, so at least one of this
> is out of place. If that weren't bad enough, the following adds big
> business to the equation, so we have capitalism = our business sytem =
> free market = big business.
I can't make up my mind whether this is a shill or a
troll. We usually get better selections from Immortalist.
> > MYTH: Big business is bad, small business is good.
>
> > TRUTH: Every big business began life as a small business,
>
> False.
>
> > and every
> > small business today yearns for enough success to become a big
> > business tomorrow.
>
> Even more false. I post stories about small businesses (collectives,
> cooperatives, etc.) that don't want to become big businesses all the time.
>
> > For some products—like cars or electrical power—
> > little companies can’t benefit their workers or customers as reliably
> > as huge corporations.
>
> Unsupported claim.
>
> > MYTH: Business executives are overpaid and corrupt.
>
> > TRUTH: Top leaders will always command top dollar, and a company
> > can’t limit executive pay without limiting its access to talent.
> > Ferocious, long-term competition in the corporate world ultimately
> > rewards focus and hard work, not short cuts and corruption.
>
> False again. We continuously see CEOs run corporations into the ground,
> "save" the corporation by firing ordinary workers, and then giving
> themselves gigantic bonuses. Not to mention the big businesses using
> bail-out money to give their bosses titanic bonuses.
>
> > MYTH: You can count on better treatment from the government than from
> > business.
>
> > TRUTH: If a private company deals with you poorly, you can take your
> > business elsewhere. But with the government’s power, you get only two
Jerry Okamura
Even Somalia has some form of government.
Rod Speed
> Rod Speed <rod.sp...@gmail.com> wrote
>> Jerry Okamura wrote
>>> Rod Speed <rod.sp...@gmail.com> wrote
>>>> Immortalist wrote:
>>>>> Why feel embarrassed by business? Every American benefits
>>>>> every day from the phenomenal productivity of the free market,
>>>> There is no free market, just some freer than others.
>>> Because of government.
>> Nope, there isnt even a free market in somalia or any place with no govt like antartica either.
> Even Somalia has some form of government.
And antartica doesnt.
Demon Buddha
> Immortalist wrote:
>
>> Why feel embarrassed by business? Every American benefits
>> every day from the phenomenal productivity of the free market,
>
> There is no free market, just some freer than others.
Wow, you actually wrote something that made sense. Bravo.
Rod Speed
> On Dec 17, 11:20 pm, Dan Clore <cl...@columbia-center.org> wrote:
>> Immortalist wrote:
>>> Why feel embarrassed by business? Every American benefits every day
>>> from the phenomenal productivity of the free market, so why do so
>>> many people feel guilty or skeptical about our business system? In
>>> this passionately argued, eye-opening book, talk-radio star and
>>> bestselling author Michael Medved provides detailed and devastating
>>> rebuttals to the most widely circulated smears against capitalism.
>>
>> Okay, so far we have the equation capitalism = our business system =
>> free market. We don't have a truly free market, so at least one of
>> this is out of place. If that weren't bad enough, the following adds
>> big business to the equation, so we have capitalism = our business
>> sytem = free market = big business.
> I can't make up my mind whether this is a shill or a troll.
Its neither, he just trys to find topics that are likely to interest people.
> We usually get better selections from Immortalist.
Yes, but on the whole he does generate a lot more discussion than anyone else does.
ZerkonXXXX
> Every American benefits every day
> from the phenomenal productivity of the free market, so why do so many
> people feel guilty or skeptical about our business system?
Because the "phenomenal productivity" moved off shore? Because Big
Financial Corporations do not produce anything yet are able to hoard
"TOP" wealth? Because there is no "OUR" business system. More like a
system Medved is hired by to, as usual, explain things to you, one of
those people in Salem Communication's "market share".
TRUTH:
No government contracts, no government debt, no BIG business.
Jerry Okamura
Rod Speed
> Rod Speed <rod.sp...@gmail.com> wrote
>> Jerry Okamura wrote
>>> Rod Speed <rod.sp...@gmail.com> wrote
>>>> Jerry Okamura wrote
>>>>> Rod Speed <rod.sp...@gmail.com> wrote
>>>>>> Immortalist wrote:
>>>>>>> Why feel embarrassed by business? Every American benefits
>>>>>>> every day from the phenomenal productivity of the free market,
>>>>>> There is no free market, just some freer than others.
>>>>> Because of government.
>>>> Nope, there isnt even a free market in somalia or any place with no govt like antartica either.
>>> Even Somalia has some form of government.
>> And antartica doesnt.
> No people, no need for government
There are people there, stupid.
John Stafford
"Rod Speed" <rod.sp...@gmail.com> wrote:
Sure there are people, but not under one government of Antarctica. There
may be a majority from one country or another, but there is no
government of the place.
Rod Speed
>>>>>>> Because of government.
>>>> And antartica doesnt.
What I said in a lot more words.
Dan Clore
> On Dec 17, 11:20 pm, Dan Clore <cl...@columbia-center.org> wrote:
>> Immortalist wrote:
>>> Why feel embarrassed by business? Every American benefits every
>>> day from the phenomenal productivity of the free market, so why
>>> do so many people feel guilty or skeptical about our business
>>> system? In this passionately argued, eye-opening book, talk-radio
>>> star and bestselling author Michael Medved provides detailed and
>>> devastating rebuttals to the most widely circulated smears
>>> against capitalism.
>> Okay, so far we have the equation capitalism = our business system
>> = free market. We don't have a truly free market, so at least one
>> of this is out of place. If that weren't bad enough, the following
>> adds big business to the equation, so we have capitalism = our
>> business sytem = free market = big business.
>
> I can't make up my mind whether this is a shill or a troll. We
> usually get better selections from Immortalist.
I don't know either, but I was bored and noticed some sitting ducks
nicely lined up in a row--
>>> MYTH: Big business is bad, small business is good. TRUTH: Every
>>> big business began life as a small business,
>> False.
>>
>>> and every small business today yearns for enough success to
>>> become a big business tomorrow.
>> Even more false. I post stories about small businesses
>> (collectives, cooperatives, etc.) that don't want to become big
>> businesses all the time.
>>
>>> For some products�like cars or electrical power� little companies
>>> can�t benefit their workers or customers as reliably as huge
>>> corporations.
>> Unsupported claim.
>>
>>> MYTH: Business executives are overpaid and corrupt. TRUTH: Top
>>> leaders will always command top dollar, and a company can�t limit
>>> executive pay without limiting its access to talent. Ferocious,
>>> long-term competition in the corporate world ultimately rewards
>>> focus and hard work, not short cuts and corruption.
>> False again. We continuously see CEOs run corporations into the
>> ground, "save" the corporation by firing ordinary workers, and then
>> giving themselves gigantic bonuses. Not to mention the big
>> businesses using bail-out money to give their bosses titanic
>> bonuses.
>>
>>> MYTH: You can count on better treatment from the government than
>>> from business. TRUTH: If a private company deals with you poorly,
>>> you can take your business elsewhere. But with the government�s
>>> power, you get only two choices: compliance or jail.
>> Overstated, but at least a partial truth.
>>
>> The essential overlooked fact here is that big business and big
>> government overlap and interchanging members to the point where
>> they are in practice almost indistinguishable, forming a single
>> power elite. Big business uses government to gain advantage any
>> time it can do so. If you want a truly free market (some of us do),
>> you need to remove the privileges that government grants
>> businesses, big business and corporations most especially.
Jerry Okamura
Not enough to need a government.