On Sun, 17 Dec 2000 22:34:16 -0600 (CST) fabio guillermo rojas <fabio guillermo rojas
<[EMAIL PROTECTED]>> wrote:
>
> An article in the current Liberty magazine makes much ado about
> how the top 500 companies in the US have had a declining share of
> assests and emplyees. Ie, the top firms over time represent less
> of the economy - wealth seems to be created more and more by medium
> and small companies.
>
> Any reasons why the economy is "decentering" - is it the rise of
> small hi-tech firms or is it some more fundamental process like more
> complex and wealthy societies can demand and support a wider variety of
> firms?
Technological advances may have lowered the cost that were
traditionally involved in matching producers and consumers.
So the larger companies enjoy less economies of scale there.
The hurdles a small startup has to take to do business
globally and get in contact with its customers directly
without having to set up a whole distribution chain have
been removed by the internet...
Krist
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Krist van Besien
[EMAIL PROTECTED]
