OK, so here's some stuff I prepared for you. This is a track from Elina Garanca's "Habanera" that I mentioned in the "What are you listening to" thread.
The upper graph shows the original track as recorded by Deutsche Gramophon. Very dynamic, no clipping, great mastering.
The lower graph is the same track after run through a compressor filter (as seen in the smaller window). If you're gentle, you can increase loudness without clipping.
For clipping you have to also go medieval on the output gain control. Which is kinda stupid thing to do but hey that's all the rage these days in poor recording studios.

Nap.