Thursday, September 24, 2009

Free Market (1)

I will be writing a few articles about the free market.

Some of the topics are:
- regulated or unregulated
- fair pricing
- access to information
- cooperation, not competition
- opportunity to work
- reduced fixed cost
- access to credit
- corporate social responsibility
- consumer protection
- customer satisfaction

Please suggest other topics and views.
Posted by at
Labels:

4 comments:

Anonymous said...

hmmm.. i think you should talk abt how interest rates and money is manipulated by bankers...

this is far from being free-market system...

i am convinced that not many ppl know where does money come from and how it is created (even those some bankers/banking stock analyst i speak to are pretty clueless)..

this is the single most important question one has to ask...


ym

September 24, 2009 9:37 AM
C H Yak said...

- Corporate Social Responsibility
- Consumer Protection and Fair Trading
- Attitude and sales culture towards customer complaints and satisfaction

September 24, 2009 9:47 AM
Anonymous said...

Fair Advertising -
-pertinent information not to be concealed in footnotes with microfont size.
-should not mislead

Monkey see monkey do - Follow the bandwagon - sometimes if one company does something not quite correct and is not caught, a whole lot of other companies will follow with similar stunts. The regulator as usual, is too slow to react most of the time. Comapnies do not wish to lose to competitor's so they just follow the bad leader footstep and cash in, regardless of principles. Monkey see monkey do this happens in Free Market!

REX

September 24, 2009 7:39 PM
Anonymous said...

REX asks a related question:

Does anyone know what is the meaning of the jargon "hydrates better than water"? Is there a doctor out there who can help?

Read the straits times today. An "isotonic" drink advertises that their product "hydrates better than water", I am very disturbed by this mumbo jumbo.

As far a i know the product is a carbonated, sugary drink laden with calories and is not different from coca cola in terms of health benefits.

Water everyone knows is the best and healthiest thirst quencher. Water absorbtion ("hydration") cannot possibly be improved by adding sugar and chemicals, I have never heard of this.

This advertisement also asked Muslims to use it to break their fast (there was an advertisement too prior to Hari Raya), because it says it is better than water.

Worst, this company used the Health Promotion Board label "healthier choice" in the advertisement.

In my opinion this is the perfect example of unfair advertising to promote a product which has dubious health benefits. The Advertising Standards Authority, if it exists, should step in, but this is Singapore 2009, don't expect too much efficiency from the System anymore.

REX

September 25, 2009 7:49 AM

Post a Comment

Subscribe to: Post Comments (Atom)

Blog Archive