From: Erik Aronesty (erik@zoneedit.com)
Date: Sun Oct 26 2003 - 15:03:43 MST
Wage increases only get passed on to consumers when ther is little/ no competition in industry.
Competition keeps prices down and wages high.
The ideal scenario is for there to be more small business and fewer large corps. Small businesses are 20 pct more efficient per capita at generating GDP.
The reasons for government favor of large budiness over small have nothing to do with productivity. It has to do with the influence of capital in politics.
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