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How capitalism works
(media.mas.to)
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this post was submitted on 22 Mar 2024
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A regulation that places a flat overhead or expense does create a disadvantage for a smaller business. But considering that the smaller business would have been bought up / bullied out in the absence of regulations, it is usually a small price to pay.
More regulation is more paperwork more expenses and more permissions/licenses, it definitely harms small business much much more. I can tell you this as a small business owner whos biggest issue is dealing with government regulations.
Well, without those regulations to protect you you wouldn't be a small business owner, so I guess they wouldn't be your biggest issue any more!
By saying what you said, you have no idea what the regulations that small businesses are facing. If you dont know about a thing, just ask so you can learn and not spout off about how doing extra stuff protects me.
I have no doubt the regulations are painful. And I'm sure at least a few of them are unnecessary or even useless rules laid down a hundred years ago and never repealed. By all means, push for reforms. But rules and regulations, as a class, are protecting you both from criminals and from larger competitors. Don't cut the tree you are sitting on.
Sorry man but you have a fundemental lack of knowledge here. I am not sure what you gleaned this from, or who told you this, but this is just factually incorrect.
I'm not talking quantum physics. I'm saying that (1) in the complete absence of regulations or other barriers, the biggest company in any field will tend to become a monopoly, and (2) in return for regulations against anticompetitive practices protecting your business, you have a responsibility to follow the rest of the rules, which are aimed at protecting consumers / smaller businesses / staff / common resources from you, even if you personally might find them painful. Which of these do you disagree with?
Let me give you an example of why you are incorrect. I just got bids to do an technical project, and the guy that is him and one employee, cost $9500, and the big company cost $15000. The reason is the big company has so much more overhead that they cost more. So small companies could easily outbid the big companies, but the regulations that are good and useless make it too hard for many small companies to exist. If you want to learn about specific regulations I can tell you about them, but I am done arguing about this.