Increasingly, it is more difficult for good people to do ignore this hollowing out. You make your choice by choosing to do nothing.
When I was just starting into looking into franchising, about 10 years ago, Leo said something that I remembered when I watched the video below:
Franchising is just a part of the puzzle, Les. They’ve been screwing small businesspeople for years and years.
“It’s like a lot of things” is what Gordon Pitts said this to my wife in 1998 when she called about franchising. Pitts is the editor at The Globe and Mail newpaper, Canada’s national business daily.
Below is a video 9:43 video with Bill Moyers interviewing economist Dean Baker and journalist Bob Herbert. Dean is a frequent contributor to Beat the Press weblog where his comments seem ring true.
These are my impressions:
- Franchising is only one part of an ongoing economic clear-cutting of non-elites.
- Predatory actions are the new American Dream, including small business lending.
- The media is not asking for solutions, they’re part of the problem (bias is not recognized).
- Listen to the nuns: chicanery happens when you neuter the watchdogs.
- Bailouts have zero accountability (paying out the elites who got us in this mess).
- Debt enslaves. Usury is a forgotten concept.
- Any collective impulse such as unions (or Independent Franchise Associations or national groups of IndFA) is ridiculed which maintains the elite’s control.
- Employers simply terminate troublemakers: It’s cheaper to drag it out for 2 to 3 years and pay a small fine, if anything at all. Ditto in franchising.
I never really thought about class warfare before.
- I think about it a lot more lately.