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What the article doesn’t explicitly state is that it’s talking about some kind of undefined sweet spot of growth and business size. It seems intuitively true t
by awongh 2y ago
What the article doesn’t explicitly state is that it’s talking about some kind of undefined sweet spot of growth and business size.
It seems intuitively true that businesses that are too small and too local stagnate the economy.
But they avoid talking about businesses that are too large (oligarchic monopolies) that can control wages and prices, or businesses that are not value add, (I’m thinking resource extraction like oil, gas and minerals) neither of these kinds of large businesses seem to contribute that much to a local economy.