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Mailing List Logs for ShadowRN

Message no. 1
From: The Deb Decker <RJR96326@****.UTULSA.EDU>
Subject: Scrip
Date: Fri, 10 Sep 1993 02:11:20 -0500
Dave the Economist tells us that corps will still try and control transactions.
But it seems to me that the his argument rests on the assumption that corp
scrip will be commonly accepted, and assumption that I have little faith in
and certainly can't be true for all corps. Also, he points out that if each
of six transactors spend part of their scrip on corp goods they all get the
discount.

It's this last justification that gets me. If a corp wants to limit the
discount to employees they will say,"ID please". They may accept only
their own cash, but it doesn't seem economically sound to me to exclude a
market, especially whe that exclusion is based on the fact that they
don't work for you. It incites isolationism, which is, in the end bad for
business.

J Roberson
Message no. 2
From: Dave The Shade <IZZYUX2@*******.BITNET>
Subject: Scrip
Date: Fri, 10 Sep 1993 00:23:00 PDT
I didn't say ALL corp scrip is commonly accepted - only scrip originating from
the Big Boys - the Fortune 100 corporations, who have better credit ratings
than the governments. Other scrip is not common;ly accepted or accepted at
below face value.
Second, the ID please rule would invalidate some of the usefulness of the
scrip - remember, the assumption is that it will be used in corp owned stores
for corp produced products. If you have to monitor and record all the transacti
ons, then why even have scrip. The whole point of scrip is that it eliminates
the need for explicit control.
Third, by issueing such scrip you ensure yourself a certain market - your
own employees by giving them a discount, BUT the corps don't want people who
would normally pay full-price to get the discount. i.e. by ensuring yourself
a mass market ahead of time you know you will break even with every product,
BUT you still need regular people to by at retail to make a profit.


David A.

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