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Comment by kloncks | Hacker News Reader

Why do you not think the world needs SMBs over larger corporations with more resources? Are there any economic study or more academic writings on this topic. I'd be curious.

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For one it would be a major factor in reducing income inequality. Large companies are designed to funnel profits to relatively few people.

I also strongly believe we would see more innovation and generally a more resilient economy.

This is merely because of the structure that has been dominate for organizing large corporations. It is authoritarian heirarchy, which is essentially the kings of old. We need new ways of organizing our companies, new ways of empowering the employees, and better ways of distributing and holding the value of the company among more equal ownership proportions. This is a tough sell, but I think this period of history will go down as a dark age of freedom in the private sector and the next age will be the empowerment of individuals as the owners and decision makers in large organizations.

I agree with you about the authoritatianism in large corporations currently, but what makes you think the future will be more free?

The internet looked like it might help for a while, but it's currently being constricted by the ISPs and corporations like Facebook and Google, while more and more data is being tracked about each person at every moment. Authoritarianism broke down many times because you couldn't track what everyone doing and eventually someone managed to make a plan to fight against you. Information technology is just making it easier for authoritarians to maintain control

If you take solar arrays as an example, someone needs to do the build out. That someone is likely to be a local or regional company that hires local workers. Planning and construction accounts for a significant fraction of project costs as materials costs have plummeted, so this is money that ends up being recirculated in the local economy. Of course there will be large companies in the mix, but there won't be a network effect that results in one company owning the whole industry like Facebook, which is a good thing.

That doesn't make much sense. A good comparison would be to look at big Telecom. A handful of large companies both build out the infrastructure and then sell their services to the public. Why would building energy infrastructure be any different?

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