How trade deficits reduce their nation’s annual GDPs and numbers of jobs.

Discussion in 'Economy' started by Supposn, May 7, 2017.

  1. Supposn
    Offline

    Supposn VIP Member

    Joined:
    Jul 26, 2009
    Messages:
    1,683
    Thanks Received:
    54
    Trophy Points:
    85
    Ratings:
    +190
    Very stupid as always since monopolies are illegal[/QUOTE]

    Patents and copyrights:

    Edward Baiamonte, is that similar to drug companies modifying their soon to be expiring patents of a drug. In many cases the modifications do not so much change the function or behavior of the drug, but rather enable the enterprise’s continuous benefits of their monopoly.
    The purpose of the patent laws is for expediting innovation and dissemination of technology design by legally assuring the innovators of a monopoly for what was legally considered as a reasonable span of time.

    RCA prospered by first using the leverage of their wealth to outbid others and accumulate sufficient patents regarding electronic devices. As they accumulated ownership of more patents, their dominance of the electronic industry grew stronger and it would be less profitable for any other enterprise to attempt competing with RCA.

    For example, EVERY radio produced, REGARDLESS of what other enterprise produced it, and regardless of what then available technology was integral to the radio’s design, had to pay RCA royalties because RCA then owned some, if not every patent necessary to produce any radio marketable at that time.
    If a patent holder attempted to exercise their own right to their own innovative patent, they were unable to manufacture a radio unless they paid RCA royalties due the RCA’s ownership of many, if not most other patents that were integral to radio’s designs at that time.

    Similarly, no wealthy competing enterprise could afford to out-bid RCA for any new patents applicable to such electronic devices, because if they owned the patent, they would still have to pay RCA royalties to manufacture the devices.

    Fortunately, there were two factors that diminished RCA’s stranglehold on electronics to some extent. Who knew when Theodore Roosevelt signed the first of the federal anti-trust laws, they would to some extent protect our nation from RCA. Additionally, during World War Two, the federal government didn’t care which corporation owned what patents. The Federal government rationed materials, then regulated USA production, and insisted that the government not be denied any goods or services that they considered to be needed.

    Respectfully, Supposn
     
    • Agree Agree x 1
  2. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    32,245
    Thanks Received:
    1,320
    Trophy Points:
    1,100
    Ratings:
    +4,518
    Patents and copyrights:

    Edward Baiamonte, is that similar to drug companies modifying their soon to be expiring patents of a drug. In many cases the modifications do not so much change the function or behavior of the drug, but rather enable the enterprise’s continuous benefits of their monopoly.
    The purpose of the patent laws is for expediting innovation and dissemination of technology design by legally assuring the innovators of a monopoly for what was legally considered as a reasonable span of time.

    RCA prospered by first using the leverage of their wealth to outbid others and accumulate sufficient patents regarding electronic devices. As they accumulated ownership of more patents, their dominance of the electronic industry grew stronger and it would be less profitable for any other enterprise to attempt competing with RCA.

    For example, EVERY radio produced, REGARDLESS of what other enterprise produced it, and regardless of what then available technology was integral to the radio’s design, had to pay RCA royalties because RCA then owned some, if not every patent necessary to produce any radio marketable at that time.
    If a patent holder attempted to exercise their own right to their own innovative patent, they were unable to manufacture a radio unless they paid RCA royalties due the RCA’s ownership of many, if not most other patents that were integral to radio’s designs at that time.

    Similarly, no wealthy competing enterprise could afford to out-bid RCA for any new patents applicable to such electronic devices, because if they owned the patent, they would still have to pay RCA royalties to manufacture the devices.

    Fortunately, there were two factors that diminished RCA’s stranglehold on electronics to some extent. Who knew when Theodore Roosevelt signed the first of the federal anti-trust laws, they would to some extent protect our nation from RCA. Additionally, during World War Two, the federal government didn’t care which corporation owned what patents. The Federal government rationed materials, then regulated USA production, and insisted that the government not be denied any goods or services that they considered to be needed.

    Respectfully, Supposn[/QUOTE]
    Apparently the system is working extremely well since we have thousands of new innovations all the time. Notice how easily your Libcommie rants are defeated with only 1% of the words you use.
     
  3. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    32,245
    Thanks Received:
    1,320
    Trophy Points:
    1,100
    Ratings:
    +4,518
    Marx was obsessed with monopolies because he lacked the IQ to contemplate that we would simply make them illegal when they interfered with capitalism. Here we are 150 years later and blind dumb liberal parrots are still obsessed with Marxist monopoly 100 years after we made them illegal . You can't make that level of ignorance up .
     
  4. anotherlife
    Offline

    anotherlife Gold Member

    Joined:
    Nov 17, 2012
    Messages:
    5,954
    Thanks Received:
    288
    Trophy Points:
    130
    Location:
    Cross-Atlantic
    Ratings:
    +1,506
    Are you a communist dear? What else do you want to make "simply illegal"? Hehehe.
     
  5. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    32,245
    Thanks Received:
    1,320
    Trophy Points:
    1,100
    Ratings:
    +4,518
    We want to make everything illegal that interferes with Republican capitalism. 1+1 = 2

    Marx perhaps could be forgiven because he wrote speculatively and prematurely in precapitalist times but modern Marxists are unforgivable deadly retards who refuse to see that capitalism has transformed the planet, most recently by instantly eliminating 40% of all poverty on earth when China belatedly switched to it.
     
    Last edited: May 13, 2017
  6. anotherlife
    Offline

    anotherlife Gold Member

    Joined:
    Nov 17, 2012
    Messages:
    5,954
    Thanks Received:
    288
    Trophy Points:
    130
    Location:
    Cross-Atlantic
    Ratings:
    +1,506
    Where do you get this lunacy? Is it in the cool aid? You would fare good in the Soviet Union as a gulag brigade fuhrer.
     
  7. Supposn
    Offline

    Supposn VIP Member

    Joined:
    Jul 26, 2009
    Messages:
    1,683
    Thanks Received:
    54
    Trophy Points:
    85
    Ratings:
    +190
    Edward Baiamonte, but the system would not now be working as well, our nation’s economy would now be much poorer, and are government more similar to a totalitarian nation had it not been for the liberal innovations signed by both the Republican and the Democratic Roosevelt presidents. The entire first ten of our constitutional amendments would not now have survived intact.

    Both the extreme left and right wings of our nation’s political spectrum hated FDR. The extreme left hated him because he prevented the USA from becoming a socialist nation. Upon that point, I consider their analysis of his legacy to be correct. He did prevent the USA from being a socialist nation.

    The extreme right wing hated FDR because (the “traitor to his class”) prevented the ascending of a U.S. political party that would have emulated the self-professed defenders of Germany from a German communist party.

    Most people that are aware of the German political party’s actual name, the National Socialist German Workers' Party, aka Nationalsozialist Party, aka Nazi Party, consider that name to be ironic. The party was from its beginning funded primarily by Gemany's capitalists and they thrived under the Nazi administration.

    Unfortunately, your ignorance is not unique.
    I wish you well, Supposn
     
  8. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    32,245
    Thanks Received:
    1,320
    Trophy Points:
    1,100
    Ratings:
    +4,518
    if you have evidence I of that I will pay you $10,000. Bet??
     
  9. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    32,245
    Thanks Received:
    1,320
    Trophy Points:
    1,100
    Ratings:
    +4,518
    it 100% impossible for capitalists to thrive under socialism
     
  10. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    32,245
    Thanks Received:
    1,320
    Trophy Points:
    1,100
    Ratings:
    +4,518
    are you nuts?? the first 10 amendments protect of from liberal govt. Did you think our genius conservative Founders were worried about the Girl Scouts taking away our guns or free speech?? They saw govt as the enemy while liberals and Nazis see govt as magical.
     

Share This Page