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"There is no particular reason to favour small businesses over large businesses, in the same way as there is no particular reason to favour TV manufacturing firms over architecture firms" ? My point is that survival prompts business to grow (in whatever way it can); once a certain point reached however the large business is in position to 'distort' the market & can effectively hold national governments to ransom! Lesson is become "too big to fail" then not only can you detroy competition, you can control media & political outlets & benefit from a cosy form of privatised "socialism". Markets work (up to a point) & then they fail! WE're living through the proof!
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Dec 13, 2012