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smaller companies lead to a more modular economy This is a very interesting point, which I would extend to saying that it might lead to a more resilient econom
by nhaehnle 11y ago
smaller companies lead to a more modular economy
This is a very interesting point, which I would extend to saying that it might lead to a more resilient economy.
The trouble is, scale is such a powerful thing. When you look at industries like the automobile industry, or even inside technology the chip industry, you appreciate that. It's hard to imagine modern fabs being run by groups of less than 100 people, for example. (Interestingly, this is something that might change in the extremely long run as production technology matures.)
- dropit_sphere 11y agoThere's an argument to be made for larger companies in terms of resilience: they will usually be able to absorb more risk. Modularity of small companies is good for if they fail, but I suspect they are more likely to fail. I don't have an opinion one way or another, just musing.
- deleted 11y ago[deleted]
- Retra 11y agoI always imagined a system where companies could only get so large unless they had a charter for a big project. (Which would expire, and they'd have to break up.)