Big business vs little: the debate does not change
I recently came across a republished article from 1978 explaining why governments love big business. It seems nothing much has changed. Big government has a natural inclination to favour big business against ‘little’ business. They’re both big! They’re both on the same ‘wavelength’! ‘Little’ is inconvenient!
We see this in lots of ways:
One report talks of the US Internal Revenue Service and its approach to ‘misclassification’ of contractors damaging home-based small business entrepreneurs.
In New Jersey, the government is restricting new business opportunity to ‘big’ in the emerging areas of new casinos and legal medicinal marijuana.
It’s no surprise to read articles about banks not understanding small business.
The Council of Small Business of Australia describes how the business regulators’ fee system effectively has small business subsidising the regulation of big business.
Links to each of these reports are on our website.
This is why it terrific to see the introduction of the Small Business Commissioner legislation into South Australia. It will help ‘little’ against ‘big’. Preliminary information is here. We’re seeing this develop across Australia and we’ll be doing a detailed explanation shortly.