RE: DTube - The Canadian Stock Market Will Crash! - This Is Why

Is it possible to support small businesses and stop large corporations? Don't the same set of rules apply to all corporations?

Here in the US for instance, technology allows for Amazon to continue to grow and knock out even other large corporations (Sears and ToysRUs are in trouble for instance). Let alone knock out smaller companies, bookstores for instance.

In Canada, there is Telus and Rogers. How could these companies be competed with by smaller companies? Would less regulation really help here?

Can small canadian corporations compete with US ones? Eg. Netflix?

I think your talk goes into lots of big topics, currencies, regulation and taxes. You are saying government regulation, fiat currencies, central planning is bad. But these aren't nefarious tools, these are a natural outcomes of larger more complex societies. In Guns, Germs and Steel, Jared Diamond shows how societies have scaled up from hunter-gatherer, agricultural, technology, to the kleptocracy. We are currently in the kleptocracy, where things have been scaled up to global corporations more powerful than the states they are residing in. For example, currently Amazon is asking US states (and Toronto!) to provide a reason for them to expand their second headquarters into their states.

So what I'm saying is that the situation we are in of corporations being greater than states, and software eating the world. We don't need so many small businesses anymore at all.

Are you thinking that less regulation is going to increase the power of people and small business?

I would say the opposite is true. Less regulation gives more power to those who have power. Less regulation would give Telus, Netflix, Rogers, Amazon more power.