> -----Original Message-----
> From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
> On Behalf Of snitsnat
> Sent: Saturday, April 16, 2005 10:31 AM
> To: lbo-talk at lbo-talk.org; lbo-talk at lbo-talk.org
> Subject: Re: [lbo-talk] socially irresponsible investment
>
> At 10:53 AM 4/16/2005, Michael Perelman wrote:
> >Tell us more. I have never heard of a recession beginning with the
> >failure of a mom
> >& pop store? Can you imagine what would happen if a CitiCorp would go
> >belly up?
>
>
> When a small factory in a small town goes belly up, though, it does cause
> a
> local recession, yes? Because, isn't that what we are talking about? The
> same system, only writ small? By definition a small business is limited,
> but it's only a small business _relative_ to what is considered a norm,
> the
> big business.
>
> Tully's talking about creating a world in which there are no big
> businesses. In which case, what is small would actually be quite
> influential within the lifestyle enclave itself. I'm curious, not being an
> economist, how you'd examine the economic impact of a small 100 employee
> factory in a small town of, say, 1000. What was the typical size of the
> Greek polis? Or, rather, what do people think a small enclave might look
> like in this utopia? Is the economy extremely local, with everything being
> produced and distributed within a geographic region with as little
> dependency on the rest of the world as possible?
>
> Would crop failure be a problem under those conditions? What if a few
> individuals mismanaged things so badly that the whole community was sent
> into a spiral of recession? What if they were actually cooking the books,
> robbing the utopian polis?
>
> Why would another utopian polis rush to the aid of another utopian polis?
> If they're merely eking out a living themselves, would they have surplus
> to
> give to the freeloaders? Would they want to establish rules as to whether
> or not the other failing community was truly worthy of their aid? what
> about natural disasters? What costs go up in the absence of the economies
> of scale? Wouldn't the tax burden increase?
>
> Rambling q's.
>
> k
>
>
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