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Regulation has killed small business.
by geggam 8y ago
Regulation has killed small business.
- lotsofpulp 8y agoEfficiencies of scale killed small business. People had the choice of patronizing small business or large business, and they chose the latter.
- clarkevans 8y agoLack of capital investment killed small businesses. Everyone now has to pay a tax penalty to take your earned capital and invest it into local main-street businesses. This capital instead, though 401k, goes into trans-national firms.
- jblwps 8y agoI think that the lack of capital investment you're describing can be thought of as a particular instance of the economy of scale (at least, broadly construed): larger and/or conglomerated companies, prima facie, have to depend less on capital injections.
- clmckinley 8y agoi cannot upvote this enough. The regulation has very little if anything to do with the closure of the vast majority of small businesses. Access to larger/more efficient companies that provide better service to cost has killed the demand for the services that small businesses provide.