11-15-2015, 08:34 PM
(11-15-2015, 02:14 PM)Benton Wrote: To the rest of the first graf, most industries can diversify to weather a downturn.
How are you going to be diversified with 15-20 people? Some of your points have merit, but those are not strong, globally competitive companies. They may find a local niche, but they're not likely to be particularly good at efficiency or quality or economies of scale, because those things actually require people, skilled people. And I don't see any reason to think this is going to lead higher wages - I think the data shows pay is actually lower at such companies.
Essentially you're advocating to break up all the little departments/groups of a supervisor and his crew into separate businesses. And you said the problem is they don't run those groups like a business, but it's also true they probably aren't skilled enough to run it as a standalone business or they'd be higher up in the food chain. And there's nothing stopping them from going on their own and starting that business. That is how many entrepreneurs get their start, but plenty of others either don't have the ability or the appetite for risk or simply can't earn as good of a living doing that.
The F500 employs about 20% of our workforce. 17% of employment is "very small" businesses (less than 20 people), and another 17% is "small" (20-100 people). Another 14% is "medium" (100-500). So there are plenty of small businesses.
