Pringles and the fetishization of competition

#80
#80
Eddie Vol Halen said:
This makes no sense.

This is the equivalent of "everyone's a winner." While there are subjective qualities of taste, there are objective measures of quality. The key then is to make BBQ Pringles.

Because of the inefficiency of competition we are saddled with Windows, Lays, and Budweiser. Because of competition Samuel Adams has been on the steady decline since the turn of the millennium. The best beer in the world - Broadside - has limited availability except in the region around the Adnams brewery because of competition.

It's a little more complicated, but competition is the 80% of the 80:20 rule.
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We have objective standards for quality in the taste of potato chips?
 
#81
#81
So according to the OP, the only beer we could drink would be some nasty crap brewed in the UK because that would be the only beer made.

EVH, you are a troll. Thread ignore engage.
 
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#84
#84
Eddie Vol Halen said:
That utgibbs is a damn genius out-tricking the forum with his mind. :) Where did he go?

His thoughts on QUALITY vs CHOICE as closer to authentic freedom is spot-on too. Pringles demonstrates both market failure and the fetishization of competition in economic life. What we need is QUALITY (with no externalities) enforced by REGULATION and not the scientifically proven "lemon" model of capitalism we enjoy now.
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Rabble rabble babble babble
 
#86
#86
Is the op now a confirmed troll? For some reason I thought he was just a run of the mill poster, but recently everything I read of his is completely absurd
 
#88
#88
Every Pringle made and consumed in the USA (or they used to be anyway), are produced in Jackson, TN. Hence the name of the ball park there, Pringle's Park.
 
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#89
#89
82_VOL_83 said:
So according to the OP, the only beer we could drink would be some nasty crap brewed in the UK because that would be the only beer made.

EVH, you are a troll. Thread ignore engage.
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Above is ridiculous.

Of course, you need different beers for different situations. You still need red and white wine. You still need Pringles and a tortilla chip. You still need a session beer for summer, for winter, a dinner beer, a lunch beer etc. We do need beer for all occasions but we need access to the BEST beers for all these situations.

The problem is several-fold:

1. There is no "market" in any Ricardo-ian sense of that word.

2. Competition is a fetish (to keep "labor market flexibility") and not necessary in an efficient economy

3. The majority of "choices" today are actually controlled by monopoly interests (who collude to get close to monopoly prices)
 
#90
#90
Eddie Vol Halen said:
Above is ridiculous.

Of course, you need different beers for different situations. You still need red and white wine. You still need Pringles and a tortilla chip. You still need a session beer for summer, for winter, a dinner beer, a lunch beer etc. We do need beer for all occasions but we need access to the BEST beers for all these situations.

The problem is several-fold:

1. There is no "market" in any Ricardo-ian sense of that word.

2. Competition is a fetish (to keep "labor market flexibility") and not necessary in an efficient economy

3. The majority of "choices" today are actually controlled by monopoly interests (who collude to get close to monopoly prices)
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Monopoly prices = undersupply. Do you really think supply isn't meeting potato chip demand?
 
#91
#91
Eddie Vol Halen said:
Pringles are the best potato chip. Nothing else comes close in their class. Why do we waste so many resources making a entire supermarket aisle of inferior chips? Is choice really freedom when competition has made a lot of inferior schlock?

The answer is no.

The fetishization of competition in every aspect of our lives is both ridiculous, destructive and inefficient. What we need is quality and quality based on full price.

Everyone will be screaming at this point MONOPOLY. Rightly so. However, herein lies the power of regulation. Pringles should not be allowed to charge the monopoly price, but rather the proper marginal price. This model worked brilliantly for the most important industries of the 20th century, most importantly electrification. Currently, we all pay monopoly prices through big box collusion in the supermarkets anyway.

Everyone at this point will be screaming INNOVATION. Rightly so. Again, the key is to pour resources dedicated into improving Pringles until the next Pringles 2.0 is discovered. This should be the new model of entrepreneurship.

Competition belongs on the sports fields, not in the economy. It's a long-standing fetish to ensure "labour market flexibility."
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Pringles aren't potato chips. Period.

They are crisps made from dry potato starch that arrives at a Pringles plant in giant, 2000lb bags. That starch is then mixed with any number of various substances, process and then baked into what goes into the cans.

They are quite tasty in all their various iterations, but Pringles are not potato chips.
 
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#96
#96
OK ... It's true Pringles are not really potato chips.

While traditional potato chip manufacturers shave off slices of potato and deep fry them, Pringles are much different. The creation process begins with a slurry of wheat, rice, corn, and potato flake

Read more: How Pringles Are Made - Revealing the Shocking Truth | Natural Society
Follow us: @naturalsociety on Twitter | NaturalSociety on Facebook

Should we for the purposes of this thread divide up the topic between:

1:pasty artificial slurry of a bunch of stuff called potato chips.

and

2: Potato chips

Since, as has been pointed out, we need all kinds of beer to wash it down.
 
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#97
#97
Eddie Vol Halen said:
Incorrect.

Monopoly pricing can come from several situations. In this case, corporate collusion to extract rents.
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It doesn"t matter what the source of the monopoly pricing is, the result is that people get priced out of the market. Supply does not meet market equilibrium demand under monopolistic pricing, thus we experience shortages.

You could argue that some have been priced out but you can't say that i am incorrect. It's econ 101.

What is your evidence of collusion?
 
#98
#98
Orangedogsrule said:
OK ... It's true Pringles are not really potato chips.

While traditional potato chip manufacturers shave off slices of potato and deep fry them, Pringles are much different. The creation process begins with a slurry of wheat, rice, corn, and potato flake

Read more: How Pringles Are Made - Revealing the Shocking Truth | Natural Society
Follow us: @naturalsociety on Twitter | NaturalSociety on Facebook

Should we for the purposes of this thread divide up the topic between:

1:pasty artificial slurry of a bunch of stuff called potato chips.

and

2: Potato chips

Since, as has been pointed out, we need all kinds of beer to wash it down.
Click to expand...
Kegger! Ape is buying.
 
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