Posted by Socrates in bankruptcy, big corporations vs. mom-and-pop, Big Finance, capitalism, capitalism vs. free enterprise, capitalist greed/exploitation, Ivor Benson, local vs. national, Socrates, supercapitalism at 12:28 pm | Permanent Link
First, some definitions are in order: 1. Free Enterprise: Mom and Pop running a corner grocery store, making just enough profit to live on. This is wholesome and good. 2. Supercapitalism/Finance-Capitalism (i.e., to “capitalize on” or to “get an advantage from”): millionaires/billionaires destroying all of the retail competition within a region or a country (and […]