Altamont Press Discussion Board :: Discussion :: Re: Matt Rose Admits Railroads are Common Carriers- It was good while it lasted....

Re: Matt Rose Admits Railroads are Common Carriers- It was good while it lasted....

Author: BOB2

Date: 07-23-2021 - 11:03

Ah real "free market" competition, we worship the theory, with consumers sovereign and many sellers, competing against each other to provide more and better goods and sevices, at the lowest price...

Which doesn't really exist in geographically constrained optimal market connections, with significant barriers to competition, due to costs of building a "new" RR, and the ability ot use price discrimination to maximize profits in oligopolistic and/or monopolistic pricing in this situation of limited "real" market competition...

This is not a new understanding of this kind of oligopoly game theory and potential for abuse by firms with this the kind of "market power" over there "customers". It's just one we seem to have forgotent while bleating the praise of the actually quite rare "ideal" truly "free" markets that we seem to want "believe" in....

Rose was a good railroader, too... Not just another finance major looking to squeeze out as much short term "profit" and stock valuation, by leverage, price discrimination, and capital disinvestment...

In the end, will the rail freight systems be finally leveraged out, weakened, the core capital assets finally "used up", and these systems finally "gutted" and stripped?

The cost shifting from this discrinatory pricing monopolistic model is almost entirely to their customers, and passed on to us consumers, in a hundred little ways every day, like more taxes to pay for additional truck damage to roads, to the hidden added cost passed on with higher prices on everything you buy from Walmart or Vons.

Navigate: Previous Message•Next Message

Options: Reply To This Message•Quote This Message

Subject	Written By	Date/Time (PST)
Matt Rose Admits Railroads are Common Carriers	E.H. Scaryman	07-23-2021 - 10:16
Former-bnsf-executive-matt-roses-2019-warning-comes-true	Sixth floor	07-23-2021 - 10:35
Re: Matt Rose Admits Railroads are Common Carriers- It was good while it lasted....	BOB2	07-23-2021 - 11:03
Historical Context from an Indiana Railroad Charter	E.H. Scaryman	07-23-2021 - 13:02
Re: Matt Rose Admits Railroads are Common Carriers	WAF	07-23-2021 - 14:01

Go to: Message List•Search

Subject:
Your Name:

Help information:

BBcode help

Spam prevention:

Please, enter the code that you see below in the input field. This is for blocking bots that try to post this form automatically.

       **  **    **  ********   **     **  **     ** 
       **  **   **   **     **  **     **  **     ** 
       **  **  **    **     **  **     **  **     ** 
       **  *****     **     **  **     **  **     ** 
 **    **  **  **    **     **  **     **  **     ** 
 **    **  **   **   **     **  **     **  **     ** 
  ******   **    **  ********    *******    *******

Enter code:

BOB2 Wrote:
-------------------------------------------------------
> Ah real "free market" competition, we worship the
> theory, with consumers sovereign and many sellers,
> competing against each other to provide more and
> better goods and sevices, at the lowest price... 
> 
> Which doesn't really exist in geographically
> constrained optimal market connections, with
> significant barriers to competition, due to costs
> of building a "new" RR, and the ability ot use
> price discrimination to maximize profits in
> oligopolistic and/or monopolistic pricing in this
> situation of limited "real" market competition...
> 
> This is not a new understanding of this kind of
> oligopoly game theory and potential for abuse by
> firms with this the kind of "market power" over
> there "customers".  It's just one we seem to have
> forgotent while bleating the praise of the
> actually quite rare "ideal" truly "free" markets
> that we seem to want "believe" in.... 
> 
> Rose was a good railroader, too...  Not just
> another finance major looking to squeeze out as
> much short term "profit" and stock valuation, by
> leverage, price discrimination, and capital
> disinvestment...  
> 
> In the end, will the rail freight systems be
> finally leveraged out, weakened, the core capital
> assets finally "used up", and these systems
> finally "gutted" and stripped?  
> 
> The cost shifting from this discrinatory pricing
> monopolistic model is almost entirely to their
> customers, and passed on to us consumers, in a
> hundred little ways every day, like more taxes to
> pay for additional truck damage to roads, to the
> hidden added cost passed on with higher prices on
> everything you buy from Walmart or Vons.

This message board is maintained by:Altamont Press
You can send us an email at altamontpress1@gmail.com