alt Hacker Newsa CEO laying off 3% scales in absolute numbers as the company grows
should, therefore, large companies, even ones that succeed largely in a clean way by just being better at delivering what that business niche exists for, be made to never grow too big, in order to avoid impacting very many people? keep in mind that people engage in voluntary business transactions because they want to be impacted (positively—but not every impact can be positive, in any real world)
what if its less efficient substitutes collectively lay off 4%, but the greater layoffs are hidden (simply because it's not a single employer doing it which may be more obvious)?
to an extent, a larger population inevitably means that larger absolute numbers of people will be affected by...anything
Replies
> voluntary business transactions
The evil parts are hid in property rights which are not voluntary.
> made to never grow too big, in order to avoid impacting very many people
Consolidated property rights have more power against their counterparties, that's why businesses love merging so much.
Look at your tax return. Do you make more money from what you do or what you own? If you make money from what you do, you're a counterparty and you should probably want to tap the brakes on the party.
Indeed, by what moral justification does one slow the wheels of commerce, no matter how many people they run over?
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I think it's reasonable that bigger companies are under more scrutiny and stricter constraints than smaller companies, yeah.
Keeps actors with more potential for damaging society in check, while not laying a huge burden on small companies which have less resources to spend away from their core business.