Do you believe the economy should be structured like Bedford Falls, where you are part of a family owned business, are born, live, and die attached to that biz and land hukou style? That’s the pitch. Note: most of the exponents of that pitch live in the coastal megalopolises.
Matthew Yglesias
Matthew Yglesias31.7.2025
I think it’s important to understand that behind arguments about various specific cases is a broad question of whether it’s okay to have large investor-owned business or whether everything should be a small practitioner-owned shop like Slow Boring.
Family owned businesses are good and useful but not perfect. Sometimes chains really are better, for their workers as well as their consumers. Not everything needs to be small to be good.
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