Monopolistic business practices have been illegal in the United States for more than a century. Yet, monopoly power continues to accelerate in our modern commercial landscape. Large, powerful corporations edge out smaller businesses, often citing scale, “efficiency”, and lower costs as their reasons for success. But looking more closely reveals a reality that is far different. Small businesses are more cost-effective and deliver better results to the people they serve than giant corporations. Furthermore, they form the backbone of engaged and connected communities. So what is actually preventing small businesses (and communities) from flourishing, and what can individuals do today to build economic power in their communities?
This is a companion discussion topic for the original entry at https://thegreatsimplification.libsyn.com/challenging-monopoly-power-why-local-business-is-better-for-people-the-planet-and-your-wallet-with-stacy-mitchell