Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
The Conundrum of Any Free People
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="curiousbrain" data-source="post: 835191" data-attributes="member: 31608"><p>Good read.</p><p></p><p></p><p></p><p>I am by no means a savvy investor, but have on occasion engaged in various transactions, and the spirit of this quote is emphatically true. The large businesses out there have so much more raw information and human processing power, if you will, that the individual is severely handicapped - and that is not to say it is limited to stock/bond/etc transactions; from my own vantage point, I've worked for several small, local businesses and they too have this problem. A large business a hundred miles away can/will/does steal their business because they can undercut local prices and still maintain profitability. There is a case to be made that certain people will always pay for a local artisan, but that is the exception rather than the rule.</p><p></p><p>As I believe you and I have discussed before, and in the spirit of conundrums, perhaps this is how capitalism evolves over time though - the extinction of the small because of the large. Not saying that that is how it is, but just speculating.</p><p></p><p></p><p></p><p>I think the internet can/may help with this sort of transport problem, relative to information services and what not, but even there, there is probably still considerable overhead.</p><p></p><p></p><p></p><p>The dark side of technological innovation; maybe the consumer benefits in the long/short run from innovations such as these, but alas the small business owner does not in the short term.</p></blockquote><p></p>
[QUOTE="curiousbrain, post: 835191, member: 31608"] Good read. I am by no means a savvy investor, but have on occasion engaged in various transactions, and the spirit of this quote is emphatically true. The large businesses out there have so much more raw information and human processing power, if you will, that the individual is severely handicapped - and that is not to say it is limited to stock/bond/etc transactions; from my own vantage point, I've worked for several small, local businesses and they too have this problem. A large business a hundred miles away can/will/does steal their business because they can undercut local prices and still maintain profitability. There is a case to be made that certain people will always pay for a local artisan, but that is the exception rather than the rule. As I believe you and I have discussed before, and in the spirit of conundrums, perhaps this is how capitalism evolves over time though - the extinction of the small because of the large. Not saying that that is how it is, but just speculating. I think the internet can/may help with this sort of transport problem, relative to information services and what not, but even there, there is probably still considerable overhead. The dark side of technological innovation; maybe the consumer benefits in the long/short run from innovations such as these, but alas the small business owner does not in the short term. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
The Conundrum of Any Free People
Top