Comment on Why do companies always need to grow?
Kolanaki@pawb.social 1 week ago
They don’t.
See local businesses that remain a single location for generations.
It is a want not a need.
Comment on Why do companies always need to grow?
Kolanaki@pawb.social 1 week ago
They don’t.
See local businesses that remain a single location for generations.
It is a want not a need.
Socialism_Everyday@reddthat.com 1 week ago
…and local businesses constantly close in favour of big companies, as countries develop the amount of self-employed people goes down:
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Local businesses simply cannot outcompete ever-growing big businesses, and because big businesses are in a need to ever-grow to satisfy the raising stock value imperative, they inevitably intrude the market share of local businesses. This is well-known since the mid-1800s.
kossa@feddit.org 1 week ago
Hm, I would expect that to be true, as in “where a McDonalds opens up, there’s less demand for local family owned restaurants”, but I would not take the rate of self employment as proof.
In developed countries exist more laws against pretended self-employment and more small businesses incorporate, thus lowering those numbers.