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by xherberta
3289 days ago
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The US hasn't enforced its anti-trust legislation in over 30 years. Some link Reagan's "assault" on anti-trust to the breakage of the American job market. There's been zero net job creation in the US between 1999 and 2009, a time which also saw significant consolidation. Small businesses drive net job growth, and they are also more innovative, producing more patents per employee than large firms. Not to mention, smaller businesses allow more people to own capital. I'm sick of economic discussions that focus on jobs and wages - ownership is what gets people out of serfdom. But, little guys are feeling the squeeze. "The Goliaths of today are so big and so adept at protecting their turf that they leave few niches open to exploit." So, this isn't only about privacy, or the false perception that "big is evil." It's about economy as ecosystem. "Biodiversity" in the economy creates robustness against hard times and distributes resources in ways that allow many participants to thrive. Monocultures are extractive, and ultimately fragile. Edit: source - http://bit.ly/2rhPiXp |
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Patents are not correlated with innovation. Tons of innovative things are never patented, and the majority of patents are largely bullshit. The patent system mostly gives tons of money to patent lawyers and power to companies who know how to use their patents to threaten innovators.
It may be true that small businesses are more innovative, but we simply can't use patents as a measure of innovation.
I happen to agree with the rest of your comment.