Again, in an ideal world. A small owner can not force a big company to buy them out but big companies can force small owners to sell out, they do it all the time. As for big companies operating at the same level as small business? I actually saw this happening in Cairo in 1992 when there was one BIG HAMBURGER fast food take away that shall remain nameless. In 1992 this huge multinational hamburger chain had one very small place in a tiny back street in Cairo. In 1999, there were 4 shops. That's seven years growth. So big companies clearly can and do have an interest in small ownerships. I don't know about in the US but here in UK most people are faced with the possiblity of working till 70 and not retiring at 50. This is due to under funding in pension schemes. Again, in this case, it is trade union organisations who are doing the fighting. So to get back to the original issue about whether or not we need TUs today (or words to that effect) I would say yes, more than ever.
Motokid said:The small owner almost always has a choice. They may sell out for various reasons, but they have a choice. Retirement is a good reason. If you could retire at the age of 50 by selling your business to a larger chain vs. working your ass off for another 15 years in your small company which would you prefer to do?
A large, national chain can not operate on the same level as a privately run "small business" and therefore, of coarse, does not have any interst in buying them out.
While there may be a million McDonalds and Burger Kings, there is also room for a privately run, family owned, "Hamburger Hut" (place I just made up).
McD's and B.K. can offer better benefits and maybe other compensation packages....but Hamburger Hut has the benefits of being a more personal esablishment and possibly higher flexibility. They serve a niche market. They can do things to your burger that the larger chains can't.
The Prussian: I shall certainly look into that book. Thanks.