Issue: Economic: Ron Paul's stance on corporate greed and wealth addiction?

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May 25, 2007
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We can all agree that adhering to the Constitution is of paramount importance in this late hour. A retraction of big government will allow the people to recover some of their lost wealth. However, even after the IRS is dissolved, even after the FED is routed out (and our monetary system is placed back into the hands of the people who use it); how will this country regain its power over unregulated corporate expansion - which serves to undermine the wealth of the people of our nation almost as much as the FED itself?


The health of America's local economies are the true barometer of the economic health of our nation. I feel that this is a pretty basic concept that most people can grab onto... I will go off of this premise to make my point.


In a closed economy, the monetary unit remains relatively stable - so long as hoarding and spending cycles are responsibly kept in check. Money circulates, and the monetary unit remains the servant of the people who use it - yet growth and expansion aren't very plausible without an uneven distribution of monetary units.

When money is introduced from outside the closed economic circle (from another closed economic circle,) the money supply is increased, and opportunities for growth and expansion are made easier - without reducing the the amount of monetary units in possession of the majority of people within that once-closed economic circle. Although the money supply is expanded, it is done so in incremental amounts, and usually involves the export of real goods or services. Realistically speaking, these types of transactions are typically reciprocal, and tend to even themselves out - anything else is considered a trade deficit, and should be remedied by the local economies that it effects.

The flip-side of this is when corporate entities invade a relatively closed, and healthy, local economy. The financial risk of starting a new business is significantly reduced when that new business has corporate backing. That risk is all but nullified when the object is to suffocate the competing local business owners who cater to the same target market or industry. Once the local competition is wiped out, the profits will begin to roll in, and the investment finally pays off.

Most local business owners do not have the capital to fight this, and the liberty for the common person to elevate themselves from servitude to small business owner is laughable at best. What is accomplished through unregulated corporate expansion, is the destruction of small businesses, and the deterrent of any future small businesses from being started.


I have witnessed this in my own town. As the corporate giant lumbers through, I watch small business after small business close up shop and dissolve into the wind. I work for a small business owner, and I have watched as he has had to let go of 3 very valuable employees. We, like so many other small businesses in this area, now have a corporate giant in our back yard. These corporate giants are able to negotiate better deals, and are able to utilize corporate advertising campaigns to funnel a larger share of the market than is possible for the smaller business.

Now, with that being said, I am not complaining about open competition. Competition is actually healthy for any particular market segment and/or industry - especially for the customer. However, to site an example of aggressive corporate expansion, I will bring up Starbucks. In the last year, I have seen over 8 new Starbucks locations go up, and they are all located near small, locally owned coffee shops. As of today, ALL local coffee shops in my town have closed down - and I do mean ALL of them. If I want a fresh iced latte, I have to get it from Starbucks. Starbucks now has a monopoly over the coffee shop industry in my town.

There are several other industries in my area that have suffered the same fate. This practice is more-or-less just monopoly-building, and should be subjected to scrutiny under anti-trust legislation. But there is a more severe problem that arises from this practice...


As a corporate entity aggressively consumes an entire market segment in any local economy, that revenue is funneled OUT of the local money supply. Sure, some of that money stays behind through payroll, local taxes, and other locally-derived expenditures. However, the rest of the net profit is funneled up to the corporate structure, and is rarely returned to the local money supply that it came from. So, as the local money supply is funneled out of the local economy, and local businesses dry up; the economic prosperity of the members of that local economy is reduced day after day.

Over an extended period of time, this provides a landscape that is indistinguishable from any other local economy. As you drive down "the main strip," all you see is a never-ending scrolling background of corporate logos. Every town begins to look like every other town in America.

Without small business owners, there is NO middle-class. Without small business owners, the common man is left to work for slave wages, for a gigantic corporate entity that could care less about the concerns of any particular employee. The ability of the common person to elevate themselves from slavery to anything else is made impossible.


I believe that aggressive corporate expansionism should not only be curtailed, but brought to an immediate halt - for the liberty of all to pursue the opportunity to provide products and services to their local economy. With stronger local economies, our national will only become stronger.


What is Dr. Paul's position on aggressive corporate expansionism?


I have ideas that I would LOVE to discuss with Dr. Paul. I am a staunch supporter of Dr. Paul, and do my best to educate as many people as I can about him on a daily basis.

Keep up the good fight Dr. Paul... I am with you.
 
He favors companies over corporations, he is against "corporate welfare," and deregulation of the markets = the small guys can finally jump in and create competition which will decrease prices and push for higher quality products. The government will deregulate the industries, this will hurt the would-be corporations as they rely on government regulation in order to monopolize the markets, there would be no reason why me or you couldn't start any business imaginable, weather it be a newspaper business, a taxi service, or anything.. no permits, no licenses, no big government standing in the way of prosperity.

There would be no corporations, there would be (in Libertarian economics) only individuals entrepreneurs and "companies" which comprise of individuals that are binded via private contracts, so any business may run in any way the founders see fit. Again, no regulation, so there would always be an open door for the little guy to jump into any industry you see out here today.

That's my own beliefs, Dr. Paul's probably isn't far from it...
 
The only reason corporations have gotten as far as they have is due to the Federal Reserve and the Federal Reserve Note. Take those away and the majority of those predatory corporations should go away.
 
Hopefully President Paul will put an end to telecommunications monopolies and a free market will emerge with fair and competitive rates. I also hope President Paul sees to it that ALL LAWS are enforced, from jaywalking to high treason.

I apologize for drifting off topic.
 
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Yes, all laws will be enforced. Alot of dumb laws will also be repealed :)

Let's put it this way: Why aren't the corporations endorsing Ron Paul? Why are they endorsing the other candidates? Because they know that Ron Paul is not their friend, Ron Paul is the friend of the "little guy" that struggles trying to succeed in the current economy. Why would these corporations support a man that will allow the "little guy" to jump into the markets? They don't want that. They like their monopolies, why do you think they have government lobbyists? To keep hold of their power!

The economy will not go down. Ron Paul will destroy inflation, economy will be strong, and prosperity will FINALLY be achievable by the "little guy." These corporations give capitalisms a BAD name! These politicians are basically elected to pass legislation for corporations, Ron Paul is the only candidate with pure grassroots support.
 
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Where is Donald Trump? Ron Paul could use his support right now. Then again, maybe he is waiting for the right moment to pounce on the Bush Admin, again.
 
He favors companies over corporations, he is against "corporate welfare," and deregulation of the markets = the small guys can finally jump in and create competition which will decrease prices and push for higher quality products. The government will deregulate the industries, this will hurt the would-be corporations as they rely on government regulation in order to monopolize the markets, there would be no reason why me or you couldn't start any business imaginable, weather it be a newspaper business, a taxi service, or anything.. no permits, no licenses, no big government standing in the way of prosperity.

There would be no corporations, there would be (in Libertarian economics) only individuals entrepreneurs and "companies" which comprise of individuals that are binded via private contracts, so any business may run in any way the founders see fit. Again, no regulation, so there would always be an open door for the little guy to jump into any industry you see out here today.

That's my own beliefs, Dr. Paul's probably isn't far from it...

Would you mind expanding on these concepts? More specifically, what is your definition of a "company" as opposed to a "corporation"? For example: In starting a new business, I can start an LLC (Limited Liability Corporation,) or I can start an S-Corp (there's a couple others, but they are usually much more difficult to get off the ground...)

Also, could you explain how market regulation currently allows large corporations to monopolize markets?

Finally, if a business entity is large enough to engulf multiple geographic regions with market saturation, how will any of this prevent local businesses from being squashed underfoot?


When you say:
no big government standing in the way of prosperity.

It brings me to envision "no big government" to keep the multi-state business entities from funneling the wealth of local economies out of the hands of the people who sustain them - "No big government" standing in the way of prosperity for large multi-state business entities at the expense of the health and liberty of local economies and the citizens who depend on them.


Could we anticipate an end to corporate executive salaries that exceed 50% of the corporation's total payroll being paid to a single employee of the corporation?

Of course, it's easy to say that the free market will fix issues like these. We can say "Well, just don't work for companies like that..." but when the corporate machine has driven out all competition for the industry that you are skilled in; you can no longer consider starting your own business, and in order to make any money at all, you'll have to go work for the people that took away your job in the first place (or just change careers all together...)


On a side-note: American businesses will not be able to provide better quality products until our manufacturing base is returned to the U.S. Until then, it's just more and more CCC (Cheap Chinese Crap.)


The only reason corporations have gotten as far as they have is due to the Federal Reserve and the Federal Reserve Note. Take those away and the majority of those predatory corporations should go away.


I think that very few of the large corporations in this country actually benefit from a fiat monetary system. I believe that most of them are just as vulnerable to inflation as most small businesses - although far less fatal. Most of the predatory corporations have made it as far as they have because they are just that - predatory. Without multi-state policy to govern corporate responsibility and ethics, predatory corporate practices will persist.
 
Corporate hegemony

We can all agree that adhering to the Constitution is of paramount importance in this late hour. A retraction of big government will allow the people to recover some of their lost wealth. However, even after the IRS is dissolved, even after the FED is routed out (and our monetary system is placed back into the hands of the people who use it); how will this country regain its power over unregulated corporate expansion - which serves to undermine the wealth of the people of our nation almost as much as the FED itself?


The health of America's local economies are the true barometer of the economic health of our nation. I feel that this is a pretty basic concept that most people can grab onto... I will go off of this premise to make my point.


In a closed economy, the monetary unit remains relatively stable - so long as hoarding and spending cycles are responsibly kept in check. Money circulates, and the monetary unit remains the servant of the people who use it - yet growth and expansion aren't very plausible without an uneven distribution of monetary units.

When money is introduced from outside the closed economic circle (from another closed economic circle,) the money supply is increased, and opportunities for growth and expansion are made easier - without reducing the the amount of monetary units in possession of the majority of people within that once-closed economic circle. Although the money supply is expanded, it is done so in incremental amounts, and usually involves the export of real goods or services. Realistically speaking, these types of transactions are typically reciprocal, and tend to even themselves out - anything else is considered a trade deficit, and should be remedied by the local economies that it effects.

The flip-side of this is when corporate entities invade a relatively closed, and healthy, local economy. The financial risk of starting a new business is significantly reduced when that new business has corporate backing. That risk is all but nullified when the object is to suffocate the competing local business owners who cater to the same target market or industry. Once the local competition is wiped out, the profits will begin to roll in, and the investment finally pays off.

Most local business owners do not have the capital to fight this, and the liberty for the common person to elevate themselves from servitude to small business owner is laughable at best. What is accomplished through unregulated corporate expansion, is the destruction of small businesses, and the deterrent of any future small businesses from being started.


I have witnessed this in my own town. As the corporate giant lumbers through, I watch small business after small business close up shop and dissolve into the wind. I work for a small business owner, and I have watched as he has had to let go of 3 very valuable employees. We, like so many other small businesses in this area, now have a corporate giant in our back yard. These corporate giants are able to negotiate better deals, and are able to utilize corporate advertising campaigns to funnel a larger share of the market than is possible for the smaller business.

Now, with that being said, I am not complaining about open competition. Competition is actually healthy for any particular market segment and/or industry - especially for the customer. However, to site an example of aggressive corporate expansion, I will bring up Starbucks. In the last year, I have seen over 8 new Starbucks locations go up, and they are all located near small, locally owned coffee shops. As of today, ALL local coffee shops in my town have closed down - and I do mean ALL of them. If I want a fresh iced latte, I have to get it from Starbucks. Starbucks now has a monopoly over the coffee shop industry in my town.

There are several other industries in my area that have suffered the same fate. This practice is more-or-less just monopoly-building, and should be subjected to scrutiny under anti-trust legislation. But there is a more severe problem that arises from this practice...


As a corporate entity aggressively consumes an entire market segment in any local economy, that revenue is funneled OUT of the local money supply. Sure, some of that money stays behind through payroll, local taxes, and other locally-derived expenditures. However, the rest of the net profit is funneled up to the corporate structure, and is rarely returned to the local money supply that it came from. So, as the local money supply is funneled out of the local economy, and local businesses dry up; the economic prosperity of the members of that local economy is reduced day after day.

Over an extended period of time, this provides a landscape that is indistinguishable from any other local economy. As you drive down "the main strip," all you see is a never-ending scrolling background of corporate logos. Every town begins to look like every other town in America.

Without small business owners, there is NO middle-class. Without small business owners, the common man is left to work for slave wages, for a gigantic corporate entity that could care less about the concerns of any particular employee. The ability of the common person to elevate themselves from slavery to anything else is made impossible.


I believe that aggressive corporate expansionism should not only be curtailed, but brought to an immediate halt - for the liberty of all to pursue the opportunity to provide products and services to their local economy. With stronger local economies, our national will only become stronger.


What is Dr. Paul's position on aggressive corporate expansionism?


I have ideas that I would LOVE to discuss with Dr. Paul. I am a staunch supporter of Dr. Paul, and do my best to educate as many people as I can about him on a daily basis.

Keep up the good fight Dr. Paul... I am with you.

What a fantastic post!

I just thought I'd describe the situation in the UK to back up everything you say

We have a supermarket chain in the UK called Tesco. In the last 10 years, this company has expanded massively. They have bought up all the land with planning permission to prevent other supermarket chains building stores. They sell just about everything these days. Not just groceries anymore, everything from DVD's and flat panel TVs to furniture.

Now get this..............

Tesco, just this one single company, now take 20% of every Pound spent in the cities, towns and villages of the UK. 20%!!!!!!!!! 1/5 of consumer spending in the UK takes palce in a Tesco store.

Now you can imagine what the situation is like for any small retailer in the UK right now. It is basically now impossible for an independant small business to function in our towns. Every town here is a clone of the next one. Our high streets and malls are populated by the same big corporations. There is NO choice really. The idea that there is choice is a charade, and alot of the companies are part of cartels that fix the price of goods amongst themselves. There are supposed to be government agencies to protect us against monopolies but of course, they don't have the funding or the manpower to compete with the lawyers of the big corporations.

So! This is the free market is it? This is the New World Order? This is what freedom is all about we're told. Well Bush, Bliar, Brown and the corporations who support them can shove their so called 'freedom of choice' and NWO up their collective arseholes. I fekkn sick of all of them.

It's going to be very interesting see what happens in the USA. Ron Paul has awakened the American consciousness. It's incredible! Unprecedented and it is the most exciting thing to happen since the civil rights movement of the 1960s...........perhaps EVEN bigger than that.

And that begs the question............just what is going to happen.

I'm an realist and I can see that there is going to ba a battle royale for the hearts and minds of the American people over the issues of liberty, freedom and the monopoly control of money. This battle could spill across the atlantic to Europe and specifically the UK where we have been similarly conned and lied to for decades.

One thing is ABSOLUTELY clear.

This is a battle that must be fought for if necessary......literally. It might become necessary to actually have to physically fight for liberty and to have control of our destiny. The NeoCons and the corporate elite will do everything to keep their power. They MUST be destroyed at all costs.
 
I'm going to take a slightly different approach to this topic. Corporations, by definition, are creations of the state. But when people point to evil corporations, they aren't pointing to small mom-and-pop LLCs. My employer is a corporation, but we have only fifty employees. Are we the evil hegemony? Hardly!

Like copyrights, corporations may be artificial creations of the state, but properly limited, they can be amazingly useful constructs. Focusing on their elimination is not useful. Properly limiting them is.

The problem is not the concept of the corporation itself. The problem is the huge multinational corporations we see today. What makes them so damn big? The gub'ment!

The tax system is one encourager of largeness. So is regulation. In fact, big businesses LOVE regulation! The more onerous the better. That's because regulations keep smaller competitors out of the industry. Even if these regulations are genuine, and do happen against all odds to fulfill their promise, they STILL keep out the smaller competitors. When you need an army of lawyers to navigate the regulatory maze, then only companies large enough to afford an army of lawyers are going to be able to stay afloat.

Sidenote: before anyone points to California's "deregulation" of the power industry as an argument that freedom doesn't work, know that that was not deregulation. It wasn't even close.

Another contributing factor to corporate bloat is anti-trust. Besides punishing success, it encourages business to expand horizontally, creating conglomerates. Large corporations cease focusing on their market niche, and start looking for other companies to buy so they can expand into other markets.

That's without getting into the central banks, Halliburton's no-bid contracts, etc.

I don't have a beef with corporations themselves. What I do have a beef with is the government sale of privilege. Big business wouldn't be a problem if the government was too small to take advantage of.
 
A question I would like to ask is what is his stance on international companies operating within the US.

What I do not want to see is large corporations taking the role of big corporations. These corporations are cut-throat and will stop at nothing to obtain their dominance.

There are companies owned by foreign countries buying up our land and businesses. One day we could see the US literally owned by China by proxy of international corporations.
 
..................I think that very few of the large corporations in this country actually benefit from a fiat monetary system. I believe that most of them are just as vulnerable to inflation as most small businesses - although far less fatal. Most of the predatory corporations have made it as far as they have because they are just that - predatory. Without multi-state policy to govern corporate responsibility and ethics, predatory corporate practices will persist.
Well that's odd, what do you believe corporate greed and wealth addiction is all about if the fiat monetary system is of no benefit to them?

It is their ability to borrow that gives them the ability to grow.

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

Prophetic don't you think? Fiat created those predatory corporations, kill the fiat and you effectivly kill them.
 
Well that's odd, what do you believe corporate greed and wealth addiction is all about if the fiat monetary system is of no benefit to them?

It is their ability to borrow that gives them the ability to grow.

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

Prophetic don't you think? Fiat created those predatory corporations, kill the fiat and you effectivly kill them.

I apologize if I worded myself incorectly. In hindsight, I see the error in my statement. What I intended to say, is that I highly doubt that a majority of corporations in this country actually benefit from a fiat monetary system.

Debt is debt, and I see large corporations go out of business all the time. The bankers, ultimately, are the ones who benefit from the fiat monetary system...

"Something for nothing... with interest!"
 
OK guys, come on now...

Most big corporations are successfull because they are good at what they do. If you don't like Walmart, don't shop there... Thats what economic freedom is for. Some of course are successfull because of monopolistic regulation (FDA and drug companies), subsidies (big farms) or tax breaks, but I'm willing to bet most aren't. Besides, we wouldn't want most big corporations to go, especially not all at once. The problem is big corporations (or big unions, or big anything really) influencing politics. Thats where constitutionally limited government steps in to stop them from doing any real harm. But to think we would somehow be better off without most of our big companies is very flawed IMO.
 
ok. Basically, what you do is elminate "corporate welfare," then you eliminate government imposed structure of the markets, this will allow the free market to structure itself. From there you deregulate all of the markets, this completely destroys the corporate monopolies over the markets, thus finally allowing the people to really jump in and compete with price and product. The corporations will be shaken, but not broken, they would consolidate themselves into a "partnership" and would do business in that fashion, but no longer would they have a strangle hold on the markets. That's my theory anyway.
 
A question I would like to ask is what is his stance on international companies operating within the US.

What I do not want to see is large corporations taking the role of big corporations. These corporations are cut-throat and will stop at nothing to obtain their dominance.

There are companies owned by foreign countries buying up our land and businesses. One day we could see the US literally owned by China by proxy of international corporations.

I am also very interested in this as well.

I think before Dr. Paul over-turns the recent additions to imminent domain, we might want to return the people's land back to the people.

I think we should also amend the Constitution so that land ownership will be limited to citizens of the U.S., and also to corporations that are based in the U.S. and derive at least 50% of their business within our borders.

Or would this limit the freedoms of the people, or the general sovereignty of, The United States of America?
 
OK guys, come on now...

Most big corporations are successfull because they are good at what they do. If you don't like Walmart, don't shop there... Thats what economic freedom is for.
.......
But to think we would somehow be better off without most of our big companies is very flawed IMO.

I totally agree. We need the big guys; but not at the expense of the little guys.

Aggressive corporate expansion must be halted; but it would be VERY detrimental to our nation to eliminate corporations all-together.
 
There will always be the bigger guys, but do we truly need regulation that helps them consolidate their monopolies? That's unfair.
 
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