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WERDna
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PostPosted: Mar 22, 2011 8:17 pm    Post subject: Reply with quote

waterdork88 wrote:
I'm going to buy the best product at the best price. I could care less what company made it.

If you feel inclined that LF is an evil corporation because you believe the patent thing was just a horrible thing to do. Then I can understand where you're coming from. I just think its weird when we start saying things like (not word for word, just the idea expressed by many different people) "LF is evil because they just want money". Every organization you buy from is doing it for the money. If they weren't, they would give you the products away for free and wouldn't sell it.

A monopoly... I don't think it'll happen, but if it does just remember that monopolies never last long when theres a free market. The more a monopoly charges for a particular good, the more someone else could sell the same thing for cheaper. The less options there are, the more opportunities someone else can offer new options giving them a competitive advantage. Thats business.

I'm not sticking up for LF, because they very well could be evil for all I know. But wanting money doesn't justify that thought and a monopoly isn't anything to be scared of.



Thats one of the dumbest things i have ever heard.
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WERDna
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PostPosted: Mar 22, 2011 8:52 pm    Post subject: Reply with quote

waterdork88 wrote:
I'm going to buy the best product at the best price. I could care less what company made it.


Taft and Roosevelt are turning over in their graves.

waterdork88 wrote:
If you feel inclined that LF is an evil corporation because you believe the patent thing was just a horrible thing to do. Then I can understand where you're coming from.


If you understand the intent behind the patent and the choke hold Finn has on the industry, then I don't understand why you would support his "best" product

waterdork88 wrote:
I just think its weird when we start saying things like (not word for word, just the idea expressed by many different people) "LF is evil because they just want money". Every organization you buy from is doing it for the money. If they weren't, they would give you the products away for free and wouldn't sell it.


I can assure you not every company is doing it for the money. They are not selling their products for free, so they can continue to manufacture their products to make it possible for more people who want to use their products can, and i am sure many of the company owners on wakeskating.com would be offended to hear you say that.

waterdork88 wrote:
A monopoly... I don't think it'll happen, but if it does just remember that monopolies never last long when theres a free market. The more a monopoly charges for a particular good, the more someone else could sell the same thing for cheaper. The less options there are, the more opportunities someone else can offer new options giving them a competitive advantage. Thats business.


For the record the US is not a free market economy it is a Hybrid between Free and Command Market Economies.

It isn't that simple, when a monopoly gains strength it grows like a tree. As the tree grows its branches start to leave and cast shadows on the surrounding trees (small businesses) restricting their sunlight (consumer market). While the larger tree continues to grow and grow and block more and more sunlight the small businesses lose the profits they needed to keep afloat, and they are bankrupt, and by that time when our "free market" economy is starting to take action with the growing LF monopoly it will be too late, and you think the federal government will "bust the trust" all will be well right? wrong. The small businesses have already broken down and are bankrupt and where will they get their bailouts? I sure don't know, because i can tell you right now the wake industry is nothing the government feels is "worthy" of bailing out and adding onto the national deficit.

waterdork88 wrote:
I'm not sticking up for LF, because they very well could be evil for all I know. But wanting money doesn't justify that thought and a monopoly isn't anything to be scared of.


Our justification isn't from their greed its from their parasitic actions, and from my previous paragraph you can see a monopoly is something to be afraid of.
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wakeskate77
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PostPosted: Mar 22, 2011 10:52 pm    Post subject: Reply with quote

The American Dream!


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waterdork88
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PostPosted: Mar 23, 2011 10:53 am    Post subject: Reply with quote

WERDna wrote:
waterdork88 wrote:
I'm going to buy the best product at the best price. I could care less what company made it.


Taft and Roosevelt are turning over in their graves.

waterdork88 wrote:
If you feel inclined that LF is an evil corporation because you believe the patent thing was just a horrible thing to do. Then I can understand where you're coming from.


If you understand the intent behind the patent and the choke hold Finn has on the industry, then I don't understand why you would support his "best" product

waterdork88 wrote:
I just think its weird when we start saying things like (not word for word, just the idea expressed by many different people) "LF is evil because they just want money". Every organization you buy from is doing it for the money. If they weren't, they would give you the products away for free and wouldn't sell it.


I can assure you not every company is doing it for the money. They are not selling their products for free, so they can continue to manufacture their products to make it possible for more people who want to use their products can, and i am sure many of the company owners on wakeskating.com would be offended to hear you say that.

waterdork88 wrote:
A monopoly... I don't think it'll happen, but if it does just remember that monopolies never last long when theres a free market. The more a monopoly charges for a particular good, the more someone else could sell the same thing for cheaper. The less options there are, the more opportunities someone else can offer new options giving them a competitive advantage. Thats business.


For the record the US is not a free market economy it is a Hybrid between Free and Command Market Economies.

It isn't that simple, when a monopoly gains strength it grows like a tree. As the tree grows its branches start to leave and cast shadows on the surrounding trees (small businesses) restricting their sunlight (consumer market). While the larger tree continues to grow and grow and block more and more sunlight the small businesses lose the profits they needed to keep afloat, and they are bankrupt, and by that time when our "free market" economy is starting to take action with the growing LF monopoly it will be too late, and you think the federal government will "bust the trust" all will be well right? wrong. The small businesses have already broken down and are bankrupt and where will they get their bailouts? I sure don't know, because i can tell you right now the wake industry is nothing the government feels is "worthy" of bailing out and adding onto the national deficit.

waterdork88 wrote:
I'm not sticking up for LF, because they very well could be evil for all I know. But wanting money doesn't justify that thought and a monopoly isn't anything to be scared of.


Our justification isn't from their greed its from their parasitic actions, and from my previous paragraph you can see a monopoly is something to be afraid of.


I haven't done enough research on the boots to form my own opinion. But even if I thought LF did it for the money and not because they felt like they were wronged... I personally could really care less.

You are correct that the U.S. is a hybrid, but the wakeboard/wakeskate market is a free market. If the government starts selling wakeboards and wakeskates... THEN I would be very concerned about a monopoly

Government monopolies are bad because they'll stay in business no matter how bad of a job they do. Private monopolies (the possible outcome of the wakeboard industry) I doubt would be a bad thing at all.

A private monopoly would have to sell a ridiculously nice product, at a ridiculously nice price, and many people would have to keep buying their products (the forums don't make this scenario too promising) to keep competition from entering into the market. A monopoly needs you to voluntarily surrender your money for it to stay in business.

If LF starts selling wakeskates at $1,000. The next day!!! I would invest money into a wakeskate company that sells wakeskates at $500-750 a piece and still make a huge profit. I couldn't imagine someone else not jumping in at an opportunity to sell for $300-400 to make a profit and try and run my place out of business. At this point, do you really think someone would buy a $1,000 wakeskate when they can buy it for $300-400?

Are you saying you think the government should bailout the wake industry? The government shouldn't bail anyone out. If a business is not being profitable then why should my (or anyone else's) tax dollars be plundered and go to a business that isn't making money? If you're not competitive your business deserves to die.

Look I'm not saying anything trying to offend anyone. If you're offended I'm sorry that we don't see eye to eye. I'm not sorry about what I said.

I'm not saying there's not other incentives if a company loves to see people getting stoked or if they love where they work, but keep in mind that a business doesn't work to break even either. The people working in the business have bills to pay and they don't want to break even on the bills either. They want to have as much money as they can leftover. And I couldn't imagine a company ever wanting to make less money then more money. Everyone is driven by greed. And greed is a "good" thing. Greed gives you gas in your tank, food in the grocery store, and greed gives people jobs.
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waterdork88
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PostPosted: Mar 23, 2011 12:17 pm    Post subject: Reply with quote

WERDna wrote:

Thats one of the dumbest things i have ever heard.


Okay, care to explain why you think this?
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WERDna
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PostPosted: Mar 23, 2011 12:18 pm    Post subject: Reply with quote

A monopoly is a monopoly no matter its status as private, its power in the market is still as dangerous especially considering the size of the industry.

What says the given monopoly would increase it's prices to $1,000 dollars?

If they have cornered the market i would assume someone as crafty as Finn wouldn't be so aggressive with the price inflation, because he would lose his consumer market in the manner you stated before. If the monoply keeps the product at a considerable price and the rest of the market has been bullied out of the indusry they will be making more profit than they originally were hoping for.

And if small businesses have been forced out the door by the monopoly with its Patent's jurisdiction then i would have to disagree with you when you say "your business deserves to die".


I appreciate your opinion though, because i would rather hear a reponse along the same lines as yours then someone who does a qucik read on this and just flips their opinion on LF and Finn within seconds.
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WERDna
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PostPosted: Mar 23, 2011 12:20 pm    Post subject: Reply with quote

waterdork88 wrote:
WERDna wrote:

Thats one of the dumbest things i have ever heard.


Okay, care to explain why you think this?


have we not already discussed it?
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waterdork88
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PostPosted: Mar 23, 2011 3:06 pm    Post subject: Reply with quote

WERDna wrote:
A monopoly is a monopoly no matter its status as private, its power in the market is still as dangerous especially considering the size of the industry.

What says the given monopoly would increase it's prices to $1,000 dollars?

If they have cornered the market i would assume someone as crafty as Finn wouldn't be so aggressive with the price inflation, because he would lose his consumer market in the manner you stated before. If the monoply keeps the product at a considerable price and the rest of the market has been bullied out of the indusry they will be making more profit than they originally were hoping for.

And if small businesses have been forced out the door by the monopoly with its Patent's jurisdiction then i would have to disagree with you when you say "your business deserves to die".


I appreciate your opinion though, because i would rather hear a reponse along the same lines as yours then someone who does a qucik read on this and just flips their opinion on LF and Finn within seconds.


And I appreciate and respect your opinion aswell.

Again I haven't researched enough patent laws to debate on the morality of either company in the lawsuit. LF might actually feel wronged or their only reason for the lawsuit might just be trying to run Company out of business... Regardless, the businesses morality is none of my concern. I'm personally not worried about the market for wakeboards/wakeskates.

Jumping into the hypothetical future if LF became a monopoly. LF would be a smart monopoly to offer very cheap prices, though a monopoly wouldn't profit as much from initial sales, the low prices keep other businesses from forming.That means the same products at cheaper prices for the consumer.

While at the same time, I know not all athletes are going to enjoy a LF board. I rode Company and Ronix boards and they both make great products. It would be stupid for the monopoly, LF, to not offer the patent holders of Company and Ronix some money for their design. How much? Well since LF is a monopoly that ran Company and Ronix out of business... The price would have to be very very high.

Or the patent holders could sell their patent design to a business man that believes he could sell these boards... but that would no longer make LF a monopoly.

Theres just too many options that make it so hard for a monopoly to exist. And when they do exist they'll need to offer almost every (if not every) product at cheaper prices. If they can pull off selling the same equipment for cheaper... I'll support a monopoly.

Once someone thinks they can do it better. They just might.
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WERDna
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PostPosted: Mar 23, 2011 3:57 pm    Post subject: Reply with quote

What you describe to me sounds parallel to Wal-Mart and most the country understands how that is destroying small businesses and people still shop there, which makes this whole ordeal scarier to me.
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PostPosted: Mar 23, 2011 6:09 pm    Post subject: Reply with quote

Skating in its various forms (skateboarding, wakeskating, longboarding) will never die. Strapping cannot die soon enough.
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samcollett
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PostPosted: Mar 23, 2011 10:49 pm    Post subject: Reply with quote

WERDna, I think it's really cool that you're trying to analyze this situation from a microeconomic standpoint and I'm not sure of your education level (high school, college, beyond, etc.), but you've got to realize that the economy (especially when analyzed from a consumer standpoint) does not operate exclusively by the rules of a high school textbook. How would you expect to file a federal lawsuit based on horizontal and/or vertical integration? There is nothing illegal/wrong about either of those. The key difference between the two is that horizontal integration focuses on numerous, diverse markets. That's not something that we see with watersports (you highlighted this yourself in saying that the wakeskating/wakeboarding industries are one in the same). Vertical integration focuses on the supply side of the equation and leads to the formation of cartels (such as OPEC). I could give you many more examples, but I haven't taken a micro course since my freshman or sophomore year of college.

Also, are you aware of the requirements for a complaint to be federally actionable? In this case, you might be able to fulfill the diversity requirement, but it would be hard to prove that the specific complaint involved more than $75,000 of losses. In the legal system, you can't just walk up to the Supreme Court and scream that Finn f*cked water sports out of millions. That's much too broad of a claim, and the type of proceedings you're suggesting would rack up years and years of legal fees in the multi-millions, and innumerable different civil suits. As sad as it is, solely based on what I've gotten from this article, the man hasn't done anything illegal. Morally wrong, yes. Crucifiable by the little guy, yes. Unfortunately though, a civil suit against Finn would be very, very difficult to prove. I see several cases a year along the same lines as this one that are deemed not legally actionable, or given no standing to sue.

Now, please do not get offended by this as that was not my intention. From previous posts of yours, I can tell that you always like tackling issues from an outside of the box point of view. That being said, you can never fully understand something as complex as the economy solely by reading a textbook. You have a very interesting opinion though, and it's refreshing to see someone addressing the Finn issue from an economic standpoint....it makes me feel like less of a nerd.

The bottom line is, as WERDna said, to support the small companies. Regardless of my previous rebuttal of sorts, the small companies are what drive sports, much like the small businesses are the backbone of the American economy. I'm stoked on the direction that wakeskating is heading. As someone mentioned earlier, it seems to me that it's drifting further and further away from wakeboarding. More than Machines highlighted this, my friends that I ride with highlight this, and the difference of mentality between wakeboarders and wakeskaters highlight this. It's sad to me...but not surprising...to read this article. I would be curious to hear the other side of the story so I could form my own balance between the two. As someone also said before me, the best thing that a wakeskater can do is to forget the bulljive and keep riding for nothing else other than the love you have for the water. It sounds really gay and really cheesy, but it's 100% true.

I need to add this as well...
Too many action sports sects are plagued by riders (consumers) that just don't give a f*ck. We can't be those people. This also sounds cliche, but if we want change in our sport, WE have got to be the ones to care and incite change. In the end, we are the ones with the power to control the sport. Sitting idly by and watching the world pass may seem like the way to be to some, but it gets nothing done. Examples to follow are the little guys pumping out the videos and pushing the progression. Blast!, For the Gator, OTT, More than Machines, and kids riding behind whatever the hell they can get their hands on. Seriously...we have made it "cool" to ride behind a bateau equipped with a dangerously out of place aluminum tower. There's an entire goddamn thread about how to do it the "right" way. If we can do that, we can certainly map out our own future.

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waterdork88
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PostPosted: Mar 23, 2011 11:42 pm    Post subject: Reply with quote

WERDna wrote:
What you describe to me sounds parallel to Wal-Mart and most the country understands how that is destroying small businesses and people still shop there, which makes this whole ordeal scarier to me.


The more flaws you would find in a monopoly, the more room for competition to take advantage of. Thats why Wal-Mart isn't a monopoly.
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PostPosted: Mar 23, 2011 11:45 pm    Post subject: Reply with quote

Wal mart is a monopoly. Their buying power is so huge they set their own prices, not get bulk discounts. And nobody can compete.
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PostPosted: Mar 23, 2011 11:52 pm    Post subject: Reply with quote

samcollett, I understand the ridiculousness of even making this into supreme court issue at the moment, and with your statement that responded to the legality of what he is doing is still nothing that can be punished for from a lawful stand point, but my point i stated in my post is that if he continues with his trend of actions molding the wake industry to his liking, i could see it getting out of control and legal action needing to be done in the future to calm him down, and let the wake community to decide its own fate not one man.

If i could put a statement to give a clear opinion i have about this it would be,

if we give Finn an inch he will take a mile, and then charge us to drive on it.
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PostPosted: Mar 23, 2011 11:58 pm    Post subject: Reply with quote

Wal-Mart is absolutely not a monopoly. It may have monopolistic tendencies in certain sectors, but it does not control the entire retail market. Wal-Mart is basically accused of being a monopoly because it gives challengers more standing ground for the purpose of argument. You've also got to consider retail giants like Target popping up everywhere. In my hometown, Target gets more business than Wal-Mart. I'm not sticking up for Wal-Mart and its ability to completely destroy the small business sector, but it's definitely not a monopoly. This thread isn't about Wal-Mart though.

Disclaimer: I cannot stand Wal-Mart.

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PostPosted: Mar 23, 2011 11:59 pm    Post subject: Reply with quote

WERDna, Unfortunately, it seems that we've already given him more than an inch. So, let's take it back.
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WERDna
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PostPosted: Mar 24, 2011 12:11 am    Post subject: Reply with quote

samcollett, i wouldn't say we have "given" him anything, i would say he has "taken".

My statement is referring more to the idea once we GIVE up and call it not our problem and GIVE him the keys to the future of our sport, he'll take more than we could imagine (a mile).

but when you want to take it back, ill be right at your side.
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PostPosted: Mar 24, 2011 12:38 am    Post subject: Reply with quote

What was the point of this thread?

What does Tony Finn or Liquid Force have to do with anything?

Wal-mart is not a monopoly, look up the definition. Though it is almost the perfect business model (in theory). But short-term savings lead to long-term problems for a consumer.

So all im saying is, think about where you want wakeskating to be in the future, realize it takes money to do all of this, and put your money where you want wakeskating to go.

BOB ARCHER DOESN'T CARE ABOUT WAKESKATERS!!!

(in my best kanye voice(i don't have a kanye voice because I dislike him with a passion))


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WERDna
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PostPosted: Mar 24, 2011 12:54 am    Post subject: Reply with quote

SEAMAN, i'm not sure if you were being abstract or if you were asking literally, but i would hope you know cause you made it Very Happy

i think its to get people to discuss how they feel this could impact the wake industry (includes wakeksating), and to better inform the wakeskate community out there of the people shuffling around behind the curtain.
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PostPosted: Mar 24, 2011 2:37 am    Post subject: Reply with quote

Handshake cures all!

http://www.unleashedwakemag.com/?p=2319

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