How Far Gone Is Big Business?
29th June 2020
his is a tough one for Marxists to understand, but the political reality has been apparent for quite a while: small business remains generally conservative, but big business is mostly on the Left. How can that be?
The answer is partly economic. Conservatism favors open competition and innovation. Big business is, for the most part, on the other side of those concepts. The easiest path for the largest companies is to partner with government, erecting roadblocks to upstart competitors in the form of expensive regulations, and blocking innovation so that small competitors have little choice but to sell their inventions to more established companies.
Big government likes this arrangement, too. It is easier for the government to collaborate with, and to control, six banks, say, rather than one thousand. In the modern world, big government likes big business, and vice versa.