- Posted September 20, 2013 by
Watertown, New York
This iReport is part of an assignment:
- Congress, Get Off the U.S. Post Office's Back! Small Business Needs Them
- Obamacare, U.S. Foreign Policy, Immigration and Our Economy- Journalism’s First Responsibility Is To Tell UsThe Truth
- Labor's "Surrender Monkeys"-23,000 People Have Applied For 600 Low-Wage Positions
- Iranian Sanctions Never Hurt Iran's Government; They Hurt Iran's People
- Democrats Hold Our Leadership Accountable, Republicans Don't
Remember the 'Mom & Pop's Businesses'? Now On the Endangered Species List
I envision a day where people will yearn again for the day when Americans could own their own business. Kids will ask their parents what it was like to have owned the pizza shop they once did.
Like kids nowadays who ask, "Who was Frank Sinatra?", small business owners' children and grandchildren will ask what that time in our nation's history was like.
Or maybe they won't ask. Children in the future will be so used to the Burger Kings, Olive Gardens, Wal-Marts and Home Depots that they won't give it a thought.
When corporations can advertise their $7.50, two-topping large pizza as often as they do, what small pizza shop owner can compete with that?
Corporations use their collective buying power to purchase their flour for far less than the independent pizza shop owner.
Corporate pizza shops have 200 other stores that are profitable to offset losses on their new locations until they can drive the independents out of business and begin to make a profit.
When Republicans tout 'capitalism', this is the type of capitalism they are advocating for.
How can a sole proprietor of a small Italian restaurant compete with Olive Garden's "two can dine for $19.99'?
They can't and many are closing up during this economy where many Americans, who can't afford to go out to eat anymore, are opting for the $5 pizza than to the local 'Stefano's Pizzeria' to keep his doors open.
We are seeing the destruction of America's entrepreneurial spirit by design and policy.
Need a toaster? Don't bother looking at a small hardware store. It's Wal-Mart or nothing.
"Large firms are roughly three times as profitable as small firms. No wonder the large firms are taking over.
Big profits, tax avoidance, cash hoarding, and the decimation of small businesses are not separate trends.
They are all part of one big trend. Our small firms are disappearing because big firms don’t play fair.
They don’t have to.
Small companies operating in single countries have to pay taxes on the profits they make. They have no choice. There is nowhere to hide.
Big companies can and do choose what countries they want to claim their taxes in.
Obviously, most big companies choose to park their profits in countries where they pay no tax.
In the long term, the solution is to close the tax havens and make sure that big businesses pay their fair share of taxes.
We can get there, but it will be a long slog. You can be sure that the world’s largest multinational corporations will fight tooth and nail to maintain their domination over the global economy. "
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So capitalism exists for those that can afford it.
And it costs a lot to buy a tax haven piece of legislation, a U.S. Senator or a national advertisement buy for your pizza chain.
America's small businesses are in the death throes of the terrorsquid . Some call this capitalism.
It isn't. It's corporatism which is akin to fascism. Fascism is as far right as possible. This is what the GOP advocates as they claim it's in 'America's best interest'.
If we don't wake up, our kids will ask:
" Small business? What was that?"