> leaving behind only small to medium-sized businesses
I only partially agree. If you kill all big businesses your country will no longer be able to compete with outsiders in industries where economies of scale matter. A few examples: cars, computer chips, cloud computing. This in turn means a lot of jobs and talent will go elsewhere.
In the US during the 2008 subprime mortgage crisis I had some pretty strong opinions about banks. Is there any justification for having a mammoth bank that is "too big to fail"? (Serious question.)
Approaching "too big to fail" status might be a good marker for when a corporate entity needs to be split. We should not be beholden to oversized companies.
I only partially agree. If you kill all big businesses your country will no longer be able to compete with outsiders in industries where economies of scale matter. A few examples: cars, computer chips, cloud computing. This in turn means a lot of jobs and talent will go elsewhere.
In the US during the 2008 subprime mortgage crisis I had some pretty strong opinions about banks. Is there any justification for having a mammoth bank that is "too big to fail"? (Serious question.)
Approaching "too big to fail" status might be a good marker for when a corporate entity needs to be split. We should not be beholden to oversized companies.