General Discussion
In reply to the discussion: Got in a PISSER With The Landlord [View all]newthinking
(3,982 posts)power and unlimited access to government and market loans and resources to buy out the smaller businesses that are actually the real creative engines.
They often strip out companies tossing out productive, yet lower profit components, and then using our hard won productivity technologies and innovations to *reduce* labor. That is where many of them are making their money. Through financial leverage, control of government resources, finding competitive markets and turning them into semi-monopolies, automating and eliminating labor.
Mega corporations only expand to increase their power and global footprint. Often times they *reduce* choices in the marketplace, because it is actually more profitable for them.
Just travel outside to a part of the world that they are not fully in control, like Eastern Europe. Not so many wal-,marts, but the selection of products dwarfs what we have in our brick and morter mega corps shelves.
I have no doubt that if they had to actually compete on a level playing field based on innovation and not financial thuggary, market corruption, and mega propaganda they could not.
STOP saying they "create jobs"! They don't! (others, not you HitPoint)