Gifting Conglomerate
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by patton
I have been thinking about the overproduction in the gift market and I think I have a possible solution to the problem. Maybe all the gift companies can form a conglomerate becoming one big SO with smaller SO sections for the different gift quality companies. By doing this there could be 1 Q1, 1 Q2 and 1 Q3 and quite possible 1 Q4. Workers would be allowed to go to other industries as less workers would be required and gifts could be made as efficiently as possible.
Since I own 25 % of the ISG group I would like to call a vote among all the stockholders on this issue to see their opinion, if that is allowed under contract rules. Also I would like to know the other gift companies GM's opinions on this. This would be an entirely private operation and I think it would make our industry much more efficient and thus profitable.
If alt least 3 companies join I am prepared to donate 25 Gold free of charge to help finance the new SO
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Patton, ISG Group was thinkin about a similar strategy... We were about to structure our group into a sort of Country/Level Department, like BAPS done for Canadian operations, but adding it a quality suffix.
As for the tradition of ISG Group, nothing against doing it cross-companies with some merger and stock exchanges.
ISG Group is trying to lessen the number of companies on market to have Irish Market more consistent, as You probably seen with our last move.
I agree.
FIrst of all patton review my post on the forum regarding the worker skill/company quality for optimal production. Gifts are worth as much as a total wellness they give so good cross company HR might get you better efficiency.
Also by this move you are monopolising a domain. We will see how this will turn out.
\"all the gift companies can form a conglomerate becoming one big SO\"
\"ISG Group is trying to lessen the number of companies on market \"
The road to hell is paved with good intentions lads !
Are you seriously talking about openly monopolising the Irish market ?
Didn\'t the Gov come under amazing opposition by you guys for trying this sort of thing ?
Isn\'t this exactly the kind of thing your own \"free market\" ethos opposes ?
Also - I may be wrong here but can\'t an SO only have 1 sompany in each market domain ? So isn\'t the idea of having 1 SO with all Q1 gift comapnies in it impossible ? Dunno - I may have read that bit wrong.
Seriously I appreciate what you are trying to do but can I ask you to think about your proposed methods a little more ?
\"ISG Group is trying to lessen the number of companies on market \"
Len, \"lessen\" does\'nt mean \"wipe-out\"... we are only trying to have an organized market, not a monopoly... we really don\'t need 4x Q2 Gift companies having to battle each other for a 0.01 IEP difference in price. This happens because market isn\'t too large to serve all of them... this is why we bought companies, instead of forming new ones... market is a FINITE measure.
🙂 That has always been the argument against having a fully free market in a small economy like eIrelands.
The \"free marketeers\" view (and argument) has always been that having many companies fighting in the same sector for 0.01 IEP difference is a good thing.
Don\'t get me wrong - I don\'t really care one way or the other - but I do think that if a monopoly is created (which I appreciate you aren\'t suggesting) then it should be gov run and not in the hands of private GMs - even people I deem to be honest and forthright.
I just find the arguments being used to justify this very amusing coming from who its coming from 🙂
First of all it would be an entirely free market but instead of a government monopoly it would be a free market oligarchy. All the present GM\'w would still be very much involved in running their company Besides this is more about letting the gift company GM\'s exit the industry with a profit. If demand rises the number gift companies would naturally go up again. I am in no way being hypocrictical as this would be entirely private.
As for the SO\'s I said make one big umbrella SO and have several other SO\'s which would house all the different gift companies. It is very possible
patton, actually it is rather hypocritical using \"oligarchy\" and/or \"monopoly\" along with \"free market\" all in one. Those things exclude themselves. Private property does not mean the market is free.
\"the \" free market \" is whatever people do to.if one group sells most of the gifts the market is still free. There is nothing restriciting someone else from setting up their own company to sell gifts. The market thus can only be free since that has not been restricted. Besides every single one of our industries is in the hands of an oiligarchy. There is only 2-3 companies for each industries hardly a wide selection. However, it is still a free market because nothing is restricted and thus the definition of a free market is perserved.
You are mistaken here. Forming oligopolies and monopolies does in fact restrict people as small starting companies cannot compete with the monopolist.
Indeed, Mr. President, the thing you explained has a name: it\'s COMPETITION.
Yes they can because the so called \" monopolist \" company would have about 5-6 employees in that quality level and could eb easily out produced by an enterprising new GM
This is exactly what I tried to set up, which you so viciously opposed patton. Except I wanted to do it so we could gain the most efficiency and keep prices at an absolute low to help the consumer. You on the other hand want to monopolize the market to extract excess profit.