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>Remember that the vast majority of capitalism is little businesses like your local veterinarian or florist, not FAANG. That is the vast minority. Corporations
by shadowlight 5y ago
>Remember that the vast majority of capitalism is little businesses like your local veterinarian or florist, not FAANG.
That is the vast minority. Corporations dictate much of the business in the states and the world. It's really easy to see this without resorting to statistics.
What is the ratio of your friends who work for corporations vs. the amount that own/work for small businesses? The anecdotal percentage here is a good indicator of the real percentage of economic output produced by corporations vs. small businesses.
You will find that as how most of your friends direct their own economic output in service of corporations so does most of America.
- azemetre 5y agoI believe it, I remember reading an article saying that there were 3 times as many small businesses in the 70s than there are today. It makes sense. There are many requirements and licenses for to start hair salons, barbers, wanting to garden, etc the system is set up to support the established elite today. At least IMO.