South Korea is stuck with Internet Explorer for online shopping
61–70 of 166 posts
Re: South Korea is stuck with Internet Explorer for online shopping
#62Re: South Korea is stuck with Internet Explorer for online shopping
#63Earlier quoted context omitted.
I don't know where to start. 1) Monopolies can and do happen in the absence of regulation. Indeed, it is frequently only through regulation or direct governmental action that competition can be encouraged. (The breakup of the AT&T monopoly comes to mind.) 2) The simple fact of the matter is that government and economic policy go hand-in-hand. Governments create the currency and enforce contracts. They also set the ru…
I don't know where to start. Eh, you might reserve that tone for posts in which you're mostly correct. Ma Bell was not in any real sense broken up at any point in time. Presumably you're referring to the consent decree that took effect in 1984, but it's also possible you've been fooled by the fig-leaf Comm Act of '96. The result of all that mummery is that right now we have 2.5 phone companies in the USA (which organ…
Capitalism is not a system of capital ownership that encourages competition directly, it is a system of capital ownership that encourages greedy[1] people to greedily control capital in a way that most benefits themselves, and by proxy, their company, and by proxy, the economy. There is no competition inherent in private capital ownership, but it can exist as a side effect of greedy people attempting to best steer their capital successfully.
[1] I use "greed" often, but this is Greed Motivation. That's what this system is. It's not an insult, rather just a descriptor of the motivations we exploit for our economic success.
His examples may have been poor but industrialization is full of examples of Capitalism run wild in a regulatory environment that was non-existent.
Would you like to defend the purely Capitalistic actions of Rockefeller and Carnegie, and perhaps rationalize the almost complete lack of a middle class during that heyday of nearly unregulated Capitalism or the incredibly poor conditions that large swaths of people were subjected to so that the richest Americans of all time (by a massive, shocking, so-much-more-than-Bill-Gates margin)could get even more wealthy?
I'm always shocked when people automatically assume that Capitalism = Competition, when competition is really a side-effect of Capitalism, and one which is often minimized by firms who control capital and believe that their best interest is not in competing aggressively (expensively) but in dominating cheaply (rent-seeking).
Re: South Korea is stuck with Internet Explorer for online shopping
#64$70 for bootcamp? For a company as technologically advanced as South Korea, can't they just use refit or refind? Heck even a VM would do fine.
Re: South Korea is stuck with Internet Explorer for online shopping
#65Earlier quoted context omitted.
> Citation needed. Any real economist. Inevitably, if any industry is profitable, competition will arise. Government regulation (often through corruption) is the only mechanism which ensures a lack of competition. This can be observed in any industry throughout the last 100 years. You're right that companies can lock up the vast majority of a market by out-competing others, but this generally doesn't last very long (…
> Any real economist. Any real economist can cite many monoplies that arise through market forces alone. > Inevitably, if any industry is profitable, competition will arise. This is not true. There are many different definitions of "profit", and there are many cases where an industry that makes a real business profit will not support a competitor that makes an economic profit. The obvious example is markets with very…
Where did their mineral rights come from?
Re: South Korea is stuck with Internet Explorer for online shopping
#66Earlier quoted context omitted.
Mozilla added SEED support to Gecko many years ago. Nothing has been done since then (on the Korean side) to implement support beyond that.
But what exactly is needed? What is stopping someone from writing a FF extension that will capture all activex object tags and replace them with something doing the same operations in FF's chrome? Is the auth protocol completely unknown? Is the activex control obfuscated more than is possible to reverse-engineer?
Firefox is designed to be secure and sand-boxed, especially its plugin architecture.
Re: South Korea is stuck with Internet Explorer for online shopping
#67Earlier quoted context omitted.
If you lived in S. Korea and had to be limited to using IE on Windows with ActiveX controls for each site you wanted to transact with, you'd care. Did you read the piece? The current system is the law.
This is not a new story. It has been discussed for the last several years. Like I said, certain organizations will change when they absolutely have to. In South Korea's case, it's going to be costly so they are probably going to be the last.
Re: South Korea is stuck with Internet Explorer for online shopping
#68Earlier quoted context omitted.
> It isn't strange, most monopolies are born out of bad government policies, not the market. Citation needed. There are government mandated monopolies but you can also achieve a monopoly using purely free market tools and simply lock up all supply and/or distribution via aggressive investments. You seem to imply government-induced monopolies > free market monopolies, but provide no evidence or even an argument that t…
> Citation needed. Any real economist. Inevitably, if any industry is profitable, competition will arise. Government regulation (often through corruption) is the only mechanism which ensures a lack of competition. This can be observed in any industry throughout the last 100 years. You're right that companies can lock up the vast majority of a market by out-competing others, but this generally doesn't last very long (…
Free market monopolies are only allowed to last a decade or less BECAUSE of government intervention; otherwise they would last much longer. Your 100 year time line horizon corresponds to about the time when governments began regulating and dismantling monopolies.
Re: South Korea is stuck with Internet Explorer for online shopping
#69Earlier quoted context omitted.
Mozilla added SEED support to Gecko many years ago. Nothing has been done since then (on the Korean side) to implement support beyond that.
But what exactly is needed? What is stopping someone from writing a FF extension that will capture all activex object tags and replace them with something doing the same operations in FF's chrome? Is the auth protocol completely unknown? Is the activex control obfuscated more than is possible to reverse-engineer?
http://www.adamlock.com/mozilla/plugin.htm
One could guess that it was never included by default because Mozilla did not want to encourage the use of ActiveX controls.
Re: South Korea is stuck with Internet Explorer for online shopping
#70Earlier quoted context omitted.
This is flatly incorrect. 1) Property. If you have a monopoly on the property in a given area you can charge whatever you want for rent, and no competition will be around to add competition. 2) Vertical monopolies. If your company buys out not just the competition, but the entire supply chain, and there is a high cost of entry to being able to enter the market -- say automobiles -- then you can quash competition as i…
> 1) Property. If you have a monopoly on the property in a given area you can charge whatever you want for rent, and no competition will be around to add competition. Then people can move elsewhere. People won't tolerate it forever. This can be seen in the real estate market in the city I live in. Several downtown blocks in prime locations have a single owner. She charged outrageous rents, and now half of these (prim…
Are you referring to emigration? Ya, that happens for particularly bad governments, who don't have a monopoly on power in the world. Of course, moving can be tough, you might have to slug it out in a boat to reach Australia.
> While this is possible in theory, it hasn't happened in a free market.
Of course it has. Pre-sherman anti-trust act it happened all the time.
> I live in a country where people will travel 4000 KM for a job. People will move if they perceive economic conditions to be unfavourable. If enough people do this, the mine owner will be forced to raise wages or face a shortage of labour.
I live in a communist country where people will do the same. They might even move out of country.
> Only Americans would make an accusation of political bias in a discussion such as this, using such terms (libertarian). Fact is, the study of economics is the same whether you're in a market economy or a controlled economy (and likewise whether you vote right, left, or centre). And most economies are mixed BTW.
Your opinions do not match the universal truths of an economist, of which I know many (of different nationalities). Libercrazians like to pretend that they are supported by economists, most of whom (barring the Austrians) think they are whackos.