Saturday, May 23, 2015

[isvynoqp] No trust, no large organizations

In a society in which no one trusts one another, large corporations cannot form.  Inspired by a negative description of Indian culture (businesses, no matter how successful, are limited in growth by the population of the male members of a family).  But it need not be negative: it avoids monopolies forming, avoiding their market distorting effects.

Does this positive outweigh the negatives? (Seemingly not?)

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