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Reply #48: "Would" or "could"? [View All]

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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-06-03 11:39 AM
Response to Reply #41
48. "Would" or "could"?
This is where the great divide in monetary wealth ("capital") shows itself most clearly, IMHO. The difference between S&P500 (and more) corporations and "business owners" is a bit like the difference between racehorses and greyhounds on the same track ... both carrying jockeys and carrying varying handicap weights. What is a "business owner" today? Someone who's invested their life savings and borrowed money in a franchise? The "vigorish" such a person usually pays to the global corporation, on top of overheads, is enormous compared to their labor "costs". At the same time, various "regulatory" overheads just aren't proportiional to the size of the business. Many "business owners" are merely individuals seeking to benefit from the differing treatment of a "corporation" and labor in today's economy. But the infrastructure's economic hurdles aren't scaled according to the size of these "businesses." The lobbying clout of multinational corporations dwarfs the lobbying power of those smaller businesses actually dealing in goods or services. Among the most major of these multinational corporations are those, like Enron, who deal primarily in derivatives rather than products or services to end consumers. When the system attracts such parasites on the system itself, it's an indication the system is sick, IMHO.
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