I wonder if it would be possible to create an economic system where everyone's best interests are interlocked, but by natural processes; not law...
For ex: small businesses are better for workers, employers, and consumers.
Why?
Because the best interests of all three parties are aligned and interlocked.
Because the business is so small, the employer needs the employee, the employee needs the employer, and they both need and are needed by the consumer, all in equal amounts.
In an industry filled with small firms competition is fierce; therefore, a reliable and competent team is something to be prized. So the employer will do the best they can to keep their workers happy.
Employees will do their best to be competent and reliable because a) it will be rewarded and appreciated by the small firm and b) if they don't they will become replaceable.
Consumers will benefit from higher quality goods and services, and more options, that are produced when competition between firms is plentiful and intense. Naturally the firms who have the greatest balance between quality and worker satisfaction will be held in the highest regard by the consumer as they will offer the greatest and most consistent value.
If there could be a way to limit firms to get only as big as they can without disrupting this dynamic, I think that would be best for us all.
Why?
Because the best interests of all three parties are aligned and interlocked.
Because the business is so small, the employer needs the employee, the employee needs the employer, and they both need and are needed by the consumer, all in equal amounts.
In an industry filled with small firms competition is fierce; therefore, a reliable and competent team is something to be prized. So the employer will do the best they can to keep their workers happy.
Employees will do their best to be competent and reliable because a) it will be rewarded and appreciated by the small firm and b) if they don't they will become replaceable.
Consumers will benefit from higher quality goods and services, and more options, that are produced when competition between firms is plentiful and intense. Naturally the firms who have the greatest balance between quality and worker satisfaction will be held in the highest regard by the consumer as they will offer the greatest and most consistent value.
If there could be a way to limit firms to get only as big as they can without disrupting this dynamic, I think that would be best for us all.