Small Business
So, what does it mean to be conservative? Does it mean to protect the wealth derived from squelching innovation, or does conservatism mean protecting the resources and economic strength of a nation, stewardship? -- Food for thought.
In less than a week Black Berry will be launching Enterprise Server Express, a free download that lets you connect employees' Black Berry phones: to work email, calendar, contact list, notes, memos, and more without software and licensing costs. Research in Motion, the Canadian maker of Black Berry, built its business platform on an expensive proprietary Enterprise Server, that is the software that drives these, tied to the company server, applications. Releasing a free small version of Enterprise software for small companies should arguably expand Black Berry's market dramatically.
More significantly, the free software should increase productivity of small business even more dramatically. Now all we need is a re-expansion of band width, Internet II or whatever -- not controlled by the phone company, the most obsolete monopoly yet -- and small business might start to thrive again. Why significant? There is far more small business than big business, and guess what, small business pays a higher tax rate than big business -- incomprehensible.
The government advanced ARC loans, America’s Recovery Capital Loan Program, as a boost to small businesses -- struggling because banks will not lend money. Fact, hardly any ARC loans were made by banks because the bankers could get far better return from their shell game of mortgage derivatives, credit cards, hedge funds, and credit default swaps. To date zero ARC loans have been made in Alaska!
To the point, complete freedom for big business to do what ever it likes to small business, to pay what ever it likes to legislators for their enthusiastic support, does not work and never did. Advocates of Adam Smith and laissez-faire economics, deregulation and privatization, should read all of Adam Smith's Wealth of Nations. It deals with quality of life, balance of trade and preservation of assets -- in no way sanctioning the exportation of jobs or the over leveraging and shell game that banks play for their own outrageous pay.
Whilst merged with insurance companies and investment houses, regulators fall behind, fail to understand, and legislators deregulate. Adam Smith expected big obsolete companies to fail, not to survive through unbridled political influence.
Ah, but what do I know? I read Wealth of Nations over 50 years ago.
Labels: Economics
0 Comments:
Post a Comment
<< Home