Culture & Society Blog

"Naturally, every age thinks that all ages before it were prejudiced, and today we think this more than ever and are just as wrong as all previous ages that thought so. How often have we not seen the truth condemned! It is sad but unfortunately true that man learns nothing from history." - Carl Jung

Apr 13, 2014

The GOP & Fox News Follow A Few Rich People As Thier Leaders (It's Called A Plutarchy)





A basic definition of Monopoly and Oligopoly:

What Does Monopoly Mean?
A situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterized by an absence of competition, which often results in high prices and inferior products.

According to a strict academic definition, a monopoly is a market containing a single firm. 

 In such instances where a single firm holds monopoly power, the company will typically be forced to divest its assets. Antimonopoly regulation protects free markets from being dominated by a single entity.

Investopedia explains Monopoly
Monopoly is the extreme case in capitalism. Most believe that, with few exceptions, the system just doesn't work when there is only one provider of a good or service because there is no incentive to improve it to meet the demands of consumers. Governments attempt to prevent monopolies from arising through the use of antitrust laws.

Of course, there are gray areas; take for example the granting of patents on new inventions. These give, in effect, a monopoly on a product for a set period of time. The reasoning behind patents is to give innovators some time to recoup what are often large research and development costs. In theory, they are a way of using monopolies to promote innovation. Another example are public monopolies set up by governments to provide essential services. Some believe that utilities should offer public goods and services such as water and electricity at a price that is affordable to everyone.



What Does Oligopoly Mean?


A situation in which a particular market is controlled by a small group of firms. An oligopoly is much like a monopoly, in which only one company exerts control over most of a market. In an oligopoly, there are at least two firms controlling the market.

Investopedia explains Oligopoly
The retail gas market is a good example of an oligopoly because a small number of firms control a large majority of the market

Extracts are from here and are in italics:

Why do economists object to monopoly? The purely “economic” argument against monopoly is very different from what noneconomists might expect. Successful monopolists charge prices above what they would be with competition so that customers pay more and the monopolists (and perhaps their employees) gain. It may seem strange, but economists see no reason to criticize monopolies simply because they transfer wealth from customers to monopoly producers. That is because economists have no way of knowing who is the more worthy of the two parties—the producer or the customer. Of course, people (including economists) may object to the wealth transfer on other grounds, including moral ones. But the transfer itself does not present an “economic” problem.

Rather, the purely “economic” case against monopoly is that it reduces aggregate economic welfare (as opposed to simply making some people worse off and others better off by an equal amount). When the monopolist raises prices above the competitive level in order to reap his monopoly profits, customers buy less of the product, less is produced, and society as a whole is worse off. In short, monopoly reduces society’s income.


Explanation:

By having a monopoly in the news media you reduce the quality of media across a whole spectrum of media. for example; Murdoch's tabloid style newsmanship is a model that works for business, in that it attracts attention, and makes money and can direct attention of viewers for advertising purposes.

[Note: To assume that a business model is correct simply because it works is the equivalent of assuming that slavery should be accepted because it has economic value, i.e. cheap labor.] 

The more Monopolistic or Oligopolistic power he gains, the more other news media has to follow him to compete with him for market share... and the more the news media will sound, 'like the gossiping of a 14 year old girl'. [Keeping in mind that the type of news structure that works best for a democracy is different from the gossipy /rumor mongering style - click here for more info.]

The growing monopoly of Murdochs rumor mongering type news media rests upon the deregulations put into effect by George W. Bush ...


The Daily

Show - Communication Breakdown

Get More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook

By deregulating the market the result is that one type of 'newsman' gets more power over dessimination of news and thus the quality of the product (i.e. news) becomes lower. (i.e. Rupert's style is of a rumor mongerer, so, at the very least, that is what we will get).

Especially notice that Colin Powell's son states that "[this deregulation] will advance our diversity and localism goals and maintain a vigourously competitive environement". Obviously, the opposite has happened - decrease in competition is the very definition of conglomeration.

Another reason for regulation:

By removing regulation towards monopolies, the ones with large amounts of capital can control a larger and larger share of the global news market. This can create a bias in news that can blind the public from proper perspectives - for example; this video clip shows how a large segment of the news media was focused on an outdated 'new' product rather than news from a region that wasn't deemed interesting by high level exec's;


The Colbert Report
Get More: Colbert Report Full Episodes,Political Humor & Satire Blog,Video Archive

The market share for polticheck is much lower (i.e. less people 'view' the website about facts in politics than they do Fox News, so Fox News's view AND it's bias will dominate)... this also means that Fox News views will predominate the public debate and influence public policy (as the debates are centered around media manufactured issues). I think this is an iron-clad case to regulate monopolies and oligopolies in media, especially when you take these three pieces of evidence into account:

1. How a large media conglomerate can manufacture and promote news


The Colbert Report
Get More: Colbert Report Full Episodes,Political Humor & Satire Blog,Video Archive


Notice how one newspaper is used to comment on (or more accurately, 'advertise') another paper.

Stephen Colbert : The Post isn't saying she's a lesbian, they are just asking the question

By asking a question you place a thought in someone's head. For example; I f I were to say, "DON'T think of a PINK elephant, for 5 minutes and I'll give you ten thousand dollars!" - Unless you are a yogi, you will be thinking of pink elephants for the next 5 minutes continuously. by constantly talking about an idea - whether it's true or not - will place that idea firmly in the minds of the listeners.

Notice the placement of the story in relation to other stories, the idea of that woman (whoever she is) as a lesbian, is most certainly being promoted as a matter of policy - irrespective of whether it worked or not.

The train of planting News goes as follows - First story in the Wall Street Journal, Second Story in the NY Post and finally, news story on Fox News - Seems like different news sources commenting on a story but in reality it's ONE news story, created and promoted by the SAME news source.


2. Fox News has a large market share for news in America and look at its types of news bias...



The

Daily Show - Fox News' False Statements

Get More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook

Partial list of Fox News's FALSE Statements as checked by PolitiFact.com

Less than 10 percent of Obama's Cabinet appointees "have any experience in the private sector."


Texas board of Education may eliminate references to Christmas and the Constitution from textbooks


Healthcare reform is a government takeover of healthcare


The Muslim brotherhood has openly stated they want to declare war on israel


American troops have never been under the formal control of another nation


Florida's Gov. Rick Scott's approval ratings are up (lol!)


Massachusetts health care plan is wildly unpopular among state residents


There's been more debt under Obama than all other pPresidents combined


Health care bill includes death panels


Cash for clunkers will give government complete access to your home computer


Halting gulf drilling costs 8 billion a day in imports


Democrats plan largest tax increase in history


John Holdren proposed forced abortions and putting sterilants in drinking water


Nobody at Fox News ever said you're going to jail if you don't buy health insurance


3. Fake perspectives on the countries economy can be created, thereby delaying taking action to remedy the economic situation - The United States of America led the whole planet into a depression with the antics of its last administrators (and ideologies begun there are beginning to show their fruits in Europe as well). The news media is just one example but it is still an important means for spreading disinformation,and, if it is not regulated can affect the entire political and economic debate across the nation causing allot of short-term and long-term political and economic damage;


The Colbert Report
Get More: Colbert Report Full Episodes,Political Humor & Satire Blog,Video Archive


Notice this statement: "Wall Street Journal has been sold to Rupert Murdoch, This is good news for the economy because from now on Wall Street Journal will only report good news on the economy"

During George W. Bush's administration Fox News only reported good news about the economy (it's reporting has been so 'biased' that one commentator (Goldberg) even got fed up!). Even though the huge debt, the housing crises, the problems in wall street, the water wars, etc. All began or reached fruition with that administration. Because of Rupert Murdoch's Monopolistic position he has manged to influence the national (and global) debate away from science and on to ideology, creating, dare I say, the possible beginning's of a new Dark Age.

More info on Fox News is here (sorry, some videos are blocked).

Also, please note the war mongering stance taken by Hannity and Glenn Beck. If Rupert Murdoch is aware of these activities, understands their implications AND approves. Then this is very serious indeed.









Posted by Abe at 11:29 AM
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Hi! "When you have eliminated the impossible, whatever remains, however improbable, must be the truth" - Sherlock Holmes - Websites: Taoist Books and Instant Self Hypnosis and Instant Stress Management. Also, me on twitter.
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  • Education Part 1 - The Problem Of Psychiatric Drugs
  • How Can Psychiatrists Be Allowed To Prescribe A Physical Substance For A Mental Disease That Has No Biological Source?
  • The Fragmentation of Knowledge Part 1 [Or, The case against over-specialization in theory based academics]

Animals

  • Animals And Humans Share DNA, A Nervous System, Intelligence, Creativity And Emotions (Such As Empathy)
  • The Modern Dodo: Meet The Flightless Parrot Called The Kakapo
  • Incredible Animals: A Look At Elephant Intelligence (They Can Paint, Count, Communicate etc.)
  • Incredible Animals: A Look At Parrot Intelligence
  • Incredible Animals: A Look At Raccoon Intelligence
  • Incredible Animals: A Look At Whale Intelligence
  • Incredible Animals: A Look At Dolphin Intelligence

Media's War On The People

  • Mainstream Media's War On The People: Media Silence On Fox News & The GOP's Continued Incendiary Rhetoric, Given The Insurrection, Indicates Complicity
  • Mainstream Media's War On The People Part 1: Treating Majority Views Of Democrats As Extreme & Extremist Views Of Republicans As Normal

Politics

  • Politics Update: The GOP & Fox News Take Domestic Terrorism To New Levels
  • After Helping Trump Lie & Deceive The People For Four Years, On Trump's Last Day, Mitch McConnell Pretends to Be Honorable After Avoiding To Impeach Trump For Treason, Again!
  • Trump's Top 100 Scandals That The Trump Presidential Library Is Going To Have To Explain Away
  • Tucker Carlson Is Going Out Of His Way To Help Trump Get People Sick With Coronavirus

GOP's Height Of Hypocrisy Series

  • Politics - Past Links 9
  • Seth Meyers: Trump And His Allies Are Lying In The Exact Same Ways The Bush Administration Lied Us Into A Catastrophic War In Iraq Nearly 17 years Ago
  • The Anti-Diplomacy And Anti-Deal Making Party: The GOP Used Bullying And Assassination To Start A War With Iran
  • The United States Of Russia: Why Is Trump Always Sucking Putin's Dick? And Why Are The GOP Joining Him? If You Can't Beat 'Em Join 'Em?
  • As Anti-American As A Party Can Get: Trump Sees Himself As A King And The GOP Are More Than Willing To Comply And Treat Him Like A King (Fighting A King Is What Created The USA In The First Place!)
  • Mitch McConnell: The Most Anti-American And Un-Constitutional Politician Of All Time?
  • Lindsey Graham's Hypocrisy On Impeachment Is Epic
  • Snapshot Of The Present: Colbert Calls The GOP "A Spineless Group of Self-Interested Toadies Who Would Rather See The Country Destroyed Then Stand Up To An Out Of Control, Narcissistic Toddler."
  • A Snapshot Of The Modern Political & Media Structure Under A GOP President (With Seth Meyers)
  • GOP Hypocrisy...The Republicans Basic Argument Is: We Are Going To Hurt & Betray The Country But You Should Be Nice To Us... While We Lie & Incite Terror!
  • Republicans Demonstrate What "The Height Of Hypocrisy" Looks Like & Fox "News" Ignores It!
  • Republicans Demonstrate What "The Height Of Hypocrisy" Looks Like & Fox "News" Ignores It! PART DEUX: The Golf Edition
  • Height Of Hypocrisy 3: Using Taxpayer Money For Personal Use Like Communists & Dictators
  • Height Of Hypocrisy 4: Republican Hypocrisy On The Deficit Is Epic!
  • Height Of Hypocrisy 5: Roy Moore Hypocrisy & Deficit Hypocrisy Show GOP Stand For Nothing. Not Family Values. Not Fiscal Responsibility. Nothing. Except Maybe Pedophiles.
  • Height Of Hypocrisy 6: GOP & Fox News Helps Trump In Obstruction Of Justice Showing They Don't Care About The Rule Of Law... And Now, The Nation Is in A Constitutional Crisis!
  • Height Of Hypocrisy 7: The Executive Order & Dictator/Tyrant Hypocrisy
  • GOP's Height Of Hypocrisy Series Part 8: Being Civil To The Uncivil Would Be An Atrocity! Fearing the Backlash the Trump Administration Calls For Civility After Showing None Since The Campaigning Days!
  • GOP's Height Of Hypocrisy Series Part 9: The Supreme Court Hypocrisy & Why Approving Any Trump Nominee To The Supreme Court Is A Bad Idea!
  • GOP's Height Of Hypocrisy Series Part 10: Rule of Law Hypocrisy - More Evidence Of The GOP Obstructing Justice & Other Constitutional Abuses
  • GOP Latest Hypocrisy On Healthcare... Inspired By My Explanation Of Why Trump Won In 2016?

Civil Unrest Scale

Civil Unrest Scale
Click Image To Learn About The Economic Indicators Of Social Unrest

Full Movies Online

  • Action/Adventure: Into the Blue (2005)
  • Comedy: Dorm Troopers (Film/Movie)
  • Home | Horror Movie | Thriller | Drama Film
  • Sci Fi Movie: The Last Starship (2016)
  • Highlander | Action Movie | Sean Connery | Christopher Lambert | Full Film
  • Entertainment Past Links

Recommended Reading

Primitive Mythology By Joseph Campbell

Primitive Mythology By Joseph Campbell
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Occidental Mythology By Joseph Campbell

Occidental Mythology By Joseph Campbell
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Blogarama - The Blog Directory
Wutzle - Blog DirectoryWutzle - Blog DirectoryMy Blog Rating

Creative Mythology By Joseph Campbell

Creative Mythology By Joseph Campbell
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Oriental Mythology By Joseph Campbell

Oriental Mythology By Joseph Campbell
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Blog Directory & Business Pages - OnToplist.com

Quotes


"Make peace with the universe. Take joy in it. It will turn to gold. Resurrection will be now. Every moment, a new beauty." - Rumi

"God is a metaphor for that which transcends all levels of intellectual thought. It's as simple as that." - Joseph Campbell

“If a problem is fixable, if a situation is such that you can do something about it, then there is no need to worry. If it's not fixable, then there is no help in worrying. There is no benefit in worrying whatsoever.” - Dalai Lama

“Be empty of worrying. Think of who created thought! Why do you stay in prison. When the door is so wide open?” ― Rumi

"Of all the animosities which have existed among mankind, those which are caused by difference of sentiments in religion appear to be the most inveterate and distressing, and ought most to be deprecated. I was in hopes that the enlightened and liberal policy, which has marked the present age, would at least have reconciled Christians of every denomination so far that we should never again see the religious disputes carried to such a pitch as to endanger the peace of society." - George Washington

Xmas

  • Santa's Surprise
  • Animation: Jack Frost (1934)
  • Animation: The Star Of Bethlehem
  • Animation: A Christmas Tree (1959)
  • The "War On Christmas"... Exposed!
  • Animation: The Christmas Visitor (1959)
  • Samantha Bee's 2018 Christmas Special
  • Christmas Cartoon: Christmas Night (1933)
  • Movie: Santa Clause Conquers the Martians
  • Christmas Special: Jon Stewart On Christmas
  • Christmas Carol - An Animated Movie (Cartoon)
  • Christmas Special 2017: The War On Christmas
  • "The War On Christmas" ... Exposed! (Part Deux)
  • Christmas Movie: A Christmas Without Snow (1980)
  • Christmas Sing-A-Long Cartoon: Snow Foolin' (1949)
  • Christmas Cartoon: Somewhere In Dreamland (1936)
  • Cartoon: Santa and the Three Bears (1970 - 45 mins)
  • Christmas Cartoon: Rudolph, The Red Nose Reindeer
  • Animation: Christmas Comes But Once A Year (Cartoon)
  • "The War On Christmas"... Exposed! (The Colbert Edition)
  • Christmas Special: Stephen Colbert On Christmas - Part 1
  • Christmas Special: Stephen Colbert On Christmas - Part 2
  • Christmas Special: Stephen Colbert On Christmas - Part 3
  • Christmas Special: Stephen Colbert On Christmas - Part 4
  • Christmas Special: Stephen Colbert On Christmas - Part 5
  • Christmas Special: Stephen Colbert On Christmas - Part 6
  • Christmas Special 2017: Happy Christmas With The President!
  • Animation: The Shanty Where Santa Claus Lives (1933 - Christmas Cartoon)
  • Comedy Central's Non-Denominational Christmas Special (S1Ep101) - Part 1
  • Comedy Central's Non-Denominational Christmas Special (S1Ep101) - Part 2
  • Comedy Central's Non-Denominational Christmas Special (S1Ep101) - Part 3
  • Old Silent Christmas Movies: The Night Before Christmas (1908) & The Christmas Angel (1904)
  • A Christmas Carol - Movie & Audio Books - The 1st Silent Film & 1st Audio Film Of A Christmas Carol

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