Too Big to Fail? -- Maybe just TOO BIG
Something that has occurred to me recently is with regards the "Too Big to Fail" statement we hear all the time.
Perhaps if they're "Too Big to Fail" they're just TOO DAMN BIG, period. For years corporations and banks have been on an empire building spree that hasn't stopped and has resulted in huge, impersonal corporations, crappy products and lousy customer service while providing the Big-wigs with unconscionable salaries.
Now we're being told they're too big to fail so we need to save the mediocrity.
As I am an avowed capitalist, I am distressed at the thought of government control over business size, etc., but there should be limits on mergers that result in making the competitive field too narrow. It is that competition that keeps business people keen. I thought the anti-trust laws were intended to prevent this but they've obviously been winked at in recent years along with a lot of other stuff.
Too much of any type of business concentrated under one "roof" is not a good thing.
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