April 16, 2006 12:28 PM

Big business is evil

Good comment on slashdot :

t is time for a good political rant. Big business is too powerful and interfering in international relations to a frightening extent.

Most innovation and growth comes from small and medium companies. Large companies exaggerate the power of economies of scale because being nimble is more important in a fast changing world. Big biz survives by bullying smaller companies, not by doing the job better or being more efficient. Anybody who has worked for a big company knows that they are inharently disfunctional.

American car companies didn't grow bloated and slow because of lack of foreign competition, but because of a lack of domestic competition, ei. smaller but more car companies. Japan's auto makers grew competitive because Japan had about 12 car companies before going overseas.

Big businesses should be split, or at least mergers above a certain size should curtailed. Most mergers result in a net loss of profits. The only reason they still happen is because of a select few who make big bucks off such deals and the ego power of being big.

Posted by boklm