Where exactly does the growing band of "self-employed" sit in all of this?
Certainly in Scotland we see a major statistical "black hole" in this area which I refer to as "micro-enterprise".
Networks of "self-employed", and maybe the re-emergence of something not a million miles away from "guilds" is what I see on the horizon...
It leads to what Marx called the "Abolition of Labour" ie people working WITH people rather than FOR them.
"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
As I said when ET did talk about cooperative, we have zero data or studies on cooperative (small and big) vs current "normal" corporations.
Even something as simple as the share of value-added or number of employees is not available AFAIK.
