Quote:
|
Originally Posted by Inabon
i say the pissed off competitor theory has a good chance of being true
|
Inabon, it is good to see we can agree on something.
Bob Parons is a crybaby. The man sells domains at cost, and then upsells customers on every little option and makes it very inconvienent to transfer domains In my opinion, his business model copies the Join for Free porn websites.
Sig is in the process of drafting a full rebutal, I told him it is not worth the time - but Mr. Parsons had hired some big time lobbyists to try and get Congress to change things.
Reminds me of a booke I just read,
How Capitalism Saved America : The Untold History of Our Country, from the Pilgrims to the Present by Thomas Dilorenzo
Quote:
|
Extremely important to understand is his early distinction between what he calls "true capitalism" - some would call it "free market" or "laissez faire" capitalism - versus "state capitalism" or "mercantilism" in which governments intervene in the markets to protect (e.g., with high tariffs against foreign competitors or even with grants of monopoly, as NY State granted to Fulton's steamship company) and to favor certain businesses (e.g., with subsidies or restrictive laws and regulations). As he correctly emphasizes, there is not much free market capitalism remaining in the U.S. today. He makes the same distinction between "market" entrepreneurs, who are his heroes (e.g., James J. Hill, John D. Rockefeller, Cornelius Vanderbilt, Bill Gates ...), and "political" entrepreneurs (e.g., Leland Stanford, Jay Cooke, Edward Collins ...), who relied on government favors ("corporate welfare"), leading to corruption and sometimes bankruptcy, and who - together with the politicians who favored them - are his villains.
|
Some businesses cannot operate in the open market and must turn to the government to tilt the playing field towards them. I guess that what happens when you charge cost for a product and hope to upsell your customers on other services. Eveentually the Customers become savvy to this.