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Well then by your definition, nobody can be ‘overcome by the little guy’ That was not my point, the big guy can of course always be overcome. It's just not a v
by moe 12y ago
Well then by your definition, nobody can be ‘overcome by the little guy’
That was not my point, the big guy can of course always be overcome. It's just not a very interesting case to debate because only 0.000001% of our burger flippers will ever get that lucky.
My point was that most of his praised "automation and globalization" actually works against the remaining 99.99999% of burger flippers.
These trends remove the very inefficiencies from markets that previously gave breathing room to independent actors. You don't realistically buy a grill anymore, you join a franchise, on the terms of a "big guy".
- padobson 12y agoIt's wrong to assume that the only result of taking an entrepreneurial risk is transcendent wealth 1/1,000,000 of the time or financial catastrophe the other 999,999.