On Mon, Oct 17, 2011 at 1:33 PM, Cameron Childress <camer...@gmail.com> wrote: > > On Mon, Oct 17, 2011 at 4:22 PM, Judah McAuley <ju...@wiredotter.com> wrote: > >> The original question was on employment in big companies versus small >> business and I just pointed out that one of the primary reasons for >> big companies is efficiency of scale which means fewer people needed >> to produce the same output. >> > > Consolidation of job roles is not a good reason to stop companies from > getting bigger. > > Lack of competition is a good reason. My big beef with "big banks" is lack > of competition. The jobs thing works itself out when there is good healthy > competition out there.
I also didn't say that we should stop companies from getting bigger. You seem to be arguing with a straw man here. All I said is that big companies employ fewer people to produce the same output as a large number of small companies would. And then I pointed out that that fact can also accrue positive benefits to the economy at large through lower prices. Like I said, it's a mixed bag when you are looking at the big economic picture. Within limits, consolidation has positive impacts to the economy as a whole. Too much consolidation decreases competition and limits the beneficial effects to the economy as a whole. And when you include structural inequalities in the economy, it can have a disproportionate impact on unemployment. And while I don't think that anything I said implies it, I'll make it clear here as well that I do not advocate a centrally planned economy in the sense of telling companies they can't get bigger or requiring them to hire workers for no good business reason, etc. Trying to figure out good regulatory frameworks that encourage innovation and allows for a great degree of freedom whilst also promoting a sound general economy and planning for full employment is no mean feat. Jud ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:343554 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
