Linked by David Adams on Wed 29th Oct 2008 20:55 UTC, submitted by Geir Johasen
Opera Software An interesting NYT Bits blog entry covers Opera's mobile browser. Buried in the middle of the article is this quote: "Opera's engineers have developed a version of Opera Mini that can run on an Apple iPhone, but Apple won't let the company release it because it competes with Apple's own Safari browser." It also talks about Opera on the Wii and browsers in cars. A good read. My Take: But back to the iPhone. As tempted as I am to just shrug it off, since Apple is free to run its App Store any way it pleases, as an enthusiastic iPhone user, I think Apple is shooting itself in the foot here, as it is with all the "competitive" apps being rejected. Apple does stand to lose some Google revenue by letting people use other browsers, but they have much more to gain by unleashing the creativity of the developer community and giving them the freedom to improve or replace core iPhone functionality. Hopefully competition from Android forces them to wake up.
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RE[5]: Ridiculous
by jlarocco on Thu 30th Oct 2008 00:37 UTC in reply to "RE[4]: Ridiculous"
Member since:

It doesn't make sense to argue against capitalism and against the Wall Street bailout at the same time. The oposite of capitalism would be like a big government bailout for everybody, all the time.

Massive government intervention and regulation are the anti-thesis of capitalism.

Also, your apparent view that the government is always looking out for people is a bit naive. Politicians care about one thing: keeping their cushy jobs.

Reply Parent Score: 2

RE[6]: Ridiculous
by melkor on Thu 30th Oct 2008 03:51 in reply to "RE[5]: Ridiculous"
melkor Member since:

Agreed about politicians. That's why I keep saying the only good politician is a dead one. There's a good old Aussie pollie joke that unfortunately, I probably couldn't say here ;-) The joke is here though:

I actually sent this as an EMail to several of the public EMail addresses of prominent Australia politicians, they probably didn't appreciate it ;-)


Reply Parent Score: 2

RE[6]: Ridiculous
by SReilly on Thu 30th Oct 2008 13:06 in reply to "RE[5]: Ridiculous"
SReilly Member since:

Massive government intervention and regulation are the anti-thesis of capitalism.

That is a gross oversimplification and not actually the truth.

Capitalism, as originally codified by Adam Smith in his seminal work on the subject "Wealth of Nations", makes no mention of regulation as being wrong or undesirable. It does argue that too much taxation and intervention by governments should be curtailed as the market is the only truly free and impartial means of the distribution of wealth and produce, but it does not mention the regulation of those markets.

What you are repeating is the BS that American super capitalists want you to believe. As long as there is no regulation of industry and market, these greedy swine can have they're way with you and your money.

Most modern economies recognize this and have put in place regulations to help keep the playing field even. Therefore, a more appropriate name for the economical systems we live with today would be mixed economies, as even the small amount of government intervention that people like Adam Smith where willing to allow for is not enough to protect Joe Sixpack against the predations of robber barons.

The fact is, Super Capitalism does not and cannot work. All it becomes is a means by witch Oligarchs get richer while they walk all over the poor. It is in no way better, in fact in many ways worse, than a state owned capitalism, i.e. the USSR and just like the Soviet Union, the system would eventually implode taking everything and all else with it.

Reply Parent Score: 6

RE[7]: Ridiculous
by jlarocco on Fri 31st Oct 2008 01:00 in reply to "RE[6]: Ridiculous"
jlarocco Member since:

"Wealth of Nations" doesn't really mention regulation at all. In fact, the "invisible hand" from the book requires that participants be able to choose for themselves what they consider to be in their best interest. Strict regulation is the opposite of letting people choose for themselves.

The entirety of Book V covers the role of government, and limits its role to providing defense, justice, and public goods. It also covers tax collection and public debt. No where does it say the government should regulate industry and limit choice.

I'll also point out that "Wealth of Nations" was written over 230 years ago. The "state of the art" in economics has advanced a bit since then, and most modern economists would agree that regulation hurts markets far more than it helps.

As evidence that "Super Capitalism" does work, certainly better than USSR style socialism, notice that there's almost a direct correlation between the economic freedom in a country and the standard of living in that country. Countries with high economic freedom, such as Hong Kong or the United States rate significantly higher than the few USSR-like socialist/communist countries that haven't completely imploded.

I'll admit there's a small role for government in any economy, but limiting people's choice isn't part of it.

Edited 2008-10-31 01:01 UTC

Reply Parent Score: 0