This is the era of corporate Shock Doctrine wherein corporations liquidate their end market aka. the middle class and are now liquidating themselves via stock buybacks, amid falling revenue.
ZH: Sept. 25, 2015
Big Business Is Economic Cancer
To paraphrase: The Benefits of Small Business over Mega-Corporations:
Small businesses create the vast majority of jobs
According to this article from earlier this year, small business created all net new jobs since 2012: Five Years Into Recovery, Dow Companies Squeeze Workers, As Investors Thrive
Labour intensity, and labour diversity. Less specialization allows workers to gain a variety of useful skills
More competition, less monopoly/oligopoly
Less political corruption
I would add...
More wealth retention within the community
Less poverty
Local sourcing/Greater economic multiplier
More diverse economy
More entrepreneurship/ownership
Happier/healthier society
Balanced economy
No casino / Bankster rent-seeking.
The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.