To put it simply, because it’s too big that the economy of the country is depend on it. If the company failed, massive amount of mid/high income people would lose their job, and this will affect the country’s economy so badly it could potentially crash it. That’s why country constantly bail out big company, its to protect basically everyone. Except when other country bailing out a company they nationalised it in some way.
When the rich say trickle down economy, this is the stuff that is being trickle down, not the good stuff that benefits everyone.
Which is exactly why you stop letting monopolies and duopolies pop up left and right, because they centralize risk and take down your country’s economy with them.
Risk is better spread out across the economy by having lots of small players taking small risks and either making a payday from them, or not.
Yep. When i look at big corporate, everyone want to be the biggest player in the country, yet every economist know in their heart it’s the micro, small and medium enterprise that really matter for the country. A lot of example in american small town, where the giant corporate come in and destroy the small business, then left the town when it’s no longer profitable. Everyone left unhappy other than the executives.
To put it simply, because it’s too big that the economy of the country is depend on it. If the company failed, massive amount of mid/high income people would lose their job, and this will affect the country’s economy so badly it could potentially crash it. That’s why country constantly bail out big company, its to protect basically everyone. Except when other country bailing out a company they nationalised it in some way.
When the rich say trickle down economy, this is the stuff that is being trickle down, not the good stuff that benefits everyone.
Which is exactly why you stop letting monopolies and duopolies pop up left and right, because they centralize risk and take down your country’s economy with them.
Risk is better spread out across the economy by having lots of small players taking small risks and either making a payday from them, or not.
Yep. When i look at big corporate, everyone want to be the biggest player in the country, yet every economist know in their heart it’s the micro, small and medium enterprise that really matter for the country. A lot of example in american small town, where the giant corporate come in and destroy the small business, then left the town when it’s no longer profitable. Everyone left unhappy other than the executives.