Quote:That's a very fair question, this is how I've seen it happen. Over the last few decades we have more mega-corporations and less small businesses. Now I know the progressive/liberal argument is that regulation keeps business from taking advantage of the public, but what people always fail to acknowledge is that regulation also stifles competition. That is the biggest factor in transfer of wealth, any economic study will tell you working for yourself is the quickest way to climb the economic ladder.


The issue is the vehicles of self-employment have become smaller for people to take advantage of. Forget having a privately owned retail establishment be it selling clothes, shoes, electronics, appliances, furniture, they're all dominated by mega-corporations at the national level. Long gone are the days of skilled workers those fields are now saturated with regulation and anti-self employment legislation (you can do it illegally but it'll catch up with you). Hell to legally operate a lawn service business you'll face an extensive amount of red-tape to get through. Point is people today are almost forced to accept a role as an employee which naturally limits their earning potential and ability to climb the economic ladder.


There's other factors, uncontrolled immigration has created a high supply for skilled labor driving down the cost of employment. Taxes on the middle class are higher then ever, inflation is another cause of the transfer of wealth (again the state is mostly at fault here).

All fair points. Over regulation that disproportionately effects start ups stifle competition and the entrepreneurial spirit. On the other hand lack of common sense regulation allowed the mega corps we see today that have done the same thing but in a manner that has pushed wealth to a select group. Its a multi faceted problem.

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