> while the small businesses slowly bleed out and die.
This is what killed small grocery businesses. The bigger corporations lose money on lots of popular items and make margins on other products. Walmart is especially bad, they can take lots of losses on grocery because they're making margins in other areas of the store.
The ultimate question is what is allowing these bigger businesses to operate more efficiently than a small business? Offshoring labor forces, offshoring manufacturing, low to no import tariffs, ability to utilize immigrant labor (small companies have no shot in the H1B process), corporate HQ's in lower tax jurisdictions, legalized accounting fraud (CapEx vs OpEx), skirting labor laws by hiring 'contractors,' getting outright handouts from municipalities (see Amazon HQ2 or any NFL stadium), onerous regulations, etc, etc.
Democracy in action. This is what everyone keeps voting for. Kill small business, empower multinational corporations.
> Democracy in action. This is what everyone keeps voting for.
What's amazing is that, literally nobody goes to the polls hoping to vote for such outcomes, yet despite that fact, it is indeed what we end up getting. Democracy is simply unable to fix this.
Democracy is the root cause, let alone able to fix it. And when people finally have a referendum to cast off their overlords, the overlords decide that democracy doesn't matter and jail your leaders.
>The ultimate question is what is allowing these bigger businesses to operate more efficiently than a small business?
I would think technology allowing businesses to scale with extremely low, near zero, marginal costs would be the big reason. That's why the per employee net income figures are so high for the leading tech companies, they can do so much with so little. I predict lots of vertical monopolies in the future.
> while the small businesses slowly bleed out and die.
This is what killed small grocery businesses. The bigger corporations lose money on lots of popular items and make margins on other products. Walmart is especially bad, they can take lots of losses on grocery because they're making margins in other areas of the store.
The ultimate question is what is allowing these bigger businesses to operate more efficiently than a small business? Offshoring labor forces, offshoring manufacturing, low to no import tariffs, ability to utilize immigrant labor (small companies have no shot in the H1B process), corporate HQ's in lower tax jurisdictions, legalized accounting fraud (CapEx vs OpEx), skirting labor laws by hiring 'contractors,' getting outright handouts from municipalities (see Amazon HQ2 or any NFL stadium), onerous regulations, etc, etc.
Democracy in action. This is what everyone keeps voting for. Kill small business, empower multinational corporations.