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Well, big is not necessarily bad. Most computer hardware (most that doesn't break when you look at it funny, anyway) is made by maybe a handful of companies. That works just fine. Most wind turbines in Europe are made by a handful of companies. That doesn't seem to be a great impediment to the functioning of the industry.

Big can be a requirement for the sort of capital concentration and market power required for technically sophisticated industrial processes. Big only becomes a problem when people start pretending that big companies are not political entities that need to be subject to political checks and balances.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Nov 14th, 2011 at 11:34:28 AM EST
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