Comments for Where Did My Capitalism Go? http://wheredidmycapitalismgo.com The Diatribes of a Laissez-Faire Individual Wed, 10 Mar 2010 07:35:45 +0000 http://wordpress.org/?v=2.2.1 Comment on What to do? by Scott Showers http://wheredidmycapitalismgo.com/2010/02/11/what-to-do/#comment-1561 Scott Showers Fri, 12 Feb 2010 14:37:21 +0000 http://wheredidmycapitalismgo.com/2010/02/11/what-to-do/#comment-1561 This is a common curse for many entrepreneurs. I've worked with several over the years and it is best to focus on one thing and get it running smooth as silk so things are for the most part automated. The internet and all of the available platforms provides tremendous opportunities for everyone, they just need to do their research to discover what people want. Check out Google's keyword tool to see what I'm talking about. Just by analyzing the keywords that are being searched the most will help you narrow down your many directions. Happy trails. This is a common curse for many entrepreneurs. I’ve worked with several over the years and it is best to focus on one thing and get it running smooth as silk so things are for the most part automated.

The internet and all of the available platforms provides tremendous opportunities for everyone, they just need to do their research to discover what people want.

Check out Google’s keyword tool to see what I’m talking about. Just by analyzing the keywords that are being searched the most will help you narrow down your many directions.

Happy trails.

]]> Comment on Government Innovation by Geoff http://wheredidmycapitalismgo.com/2009/07/12/government-innovation/#comment-113 Geoff Tue, 21 Jul 2009 18:51:18 +0000 http://wheredidmycapitalismgo.com/2009/07/12/government-innovation/#comment-113 I heard Timberlake's Tequilla was invented by the government with the cooperation of the FDA. In either case, I'll drink it like a son of a gun. I heard Timberlake’s Tequilla was invented by the government with the cooperation of the FDA. In either case, I’ll drink it like a son of a gun.

]]> Comment on Government Innovation by Erica http://wheredidmycapitalismgo.com/2009/07/12/government-innovation/#comment-112 Erica Tue, 21 Jul 2009 18:19:33 +0000 http://wheredidmycapitalismgo.com/2009/07/12/government-innovation/#comment-112 I say we drink to that in 3 weeks time... I will be bringing an example of private innovation in the form of Justin Timberlakes new tequilla 901...and then we will use it for the greater good of society in WVA :) I say we drink to that in 3 weeks time… I will be bringing an example of private innovation in the form of Justin Timberlakes new tequilla 901…and then we will use it for the greater good of society in WVA :)

]]> Comment on Government Innovation by Geoff http://wheredidmycapitalismgo.com/2009/07/12/government-innovation/#comment-111 Geoff Tue, 21 Jul 2009 18:13:42 +0000 http://wheredidmycapitalismgo.com/2009/07/12/government-innovation/#comment-111 I agree with you about GM and about a lot of things Drew says. The second comment is an example, not a fact, although the US government had a large role in developing the flu vaccine through the military with further advances later on in the private sector. Furthermore, as I understand it the CDC is spearheading the swine flu vaccine so the example isn't so far off. I also didn't mention insurance at all. It's an example of an externality...a case in which private markets are inefficient on their own. My general point is that I feel like too often the thinking is just "government bad...private good." In general, I agree with this. There are always exceptions that are important to recognize. I agree with you about GM and about a lot of things Drew says.

The second comment is an example, not a fact, although the US government had a large role in developing the flu vaccine through the military with further advances later on in the private sector. Furthermore, as I understand it the CDC is spearheading the swine flu vaccine so the example isn’t so far off. I also didn’t mention insurance at all.

It’s an example of an externality…a case in which private markets are inefficient on their own.

My general point is that I feel like too often the thinking is just “government bad…private good.” In general, I agree with this. There are always exceptions that are important to recognize.

]]> Comment on Government Innovation by Erica http://wheredidmycapitalismgo.com/2009/07/12/government-innovation/#comment-110 Erica Tue, 21 Jul 2009 17:56:15 +0000 http://wheredidmycapitalismgo.com/2009/07/12/government-innovation/#comment-110 -would a market exist for them if there wasnt a govenrment?- i don't know, the government is their market- NASA specifically, yes it is innovative, but it doesnt earn money and it doesnt do anyone any good to walk on the moon just because we can, so i would think no- there wouldnt be a market for it since it is useless...its progress, but useless. and govt is the only entity that would spend money on something useless that I know of As for military based innovation, governement should spend money on this as its a constitutional obligation of the fed govt to support and build up a military and defense for the nation- and a private company helps with that innitiative I am not sure what you meant by your second comment Geoff...i know at my company, they pay for its employees to get a flu shot every year which works with both private insurance and the provate company-no govt at all- and as far as I know, most vaccinations and medicinal drugs are created by and paid for private research pharmicutical companies. I think Andrews point is there are some research industries that are better suited without the government- i believe its most all industries personally, but as for GM thats a definite. There is no motivation to compete with other car companies like Honda or Ford, when you dont have the strain of worrying about losing your business, which obviously GM wont b/c of constant bailouts. Their cars will always be sub-par to those companies that have to make a profit, and they will NEVER be able to re-pay the American people because they will never be able to sell as many cars to do that because of that very reason. -would a market exist for them if there wasnt a govenrment?- i don’t know, the government is their market- NASA specifically, yes it is innovative, but it doesnt earn money and it doesnt do anyone any good to walk on the moon just because we can, so i would think no- there wouldnt be a market for it since it is useless…its progress, but useless. and govt is the only entity that would spend money on something useless that I know of
As for military based innovation, governement should spend money on this as its a constitutional obligation of the fed govt to support and build up a military and defense for the nation- and a private company helps with that innitiative

I am not sure what you meant by your second comment Geoff…i know at my company, they pay for its employees to get a flu shot every year which works with both private insurance and the provate company-no govt at all- and as far as I know, most vaccinations and medicinal drugs are created by and paid for private research pharmicutical companies.

I think Andrews point is there are some research industries that are better suited without the government- i believe its most all industries personally, but as for GM thats a definite. There is no motivation to compete with other car companies like Honda or Ford, when you dont have the strain of worrying about losing your business, which obviously GM wont b/c of constant bailouts. Their cars will always be sub-par to those companies that have to make a profit, and they will NEVER be able to re-pay the American people because they will never be able to sell as many cars to do that because of that very reason.

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