The US is no longer a nation of small business.

53% of Americans work for big businesses now (with 500+ workers). That's a big shift from the 1980s/90s/early 2000s.

The biggest change of all has been more people working for companies with 10,000+ workers and fewer people… https://t.co/g3lINVcNfi

Heather Long

RIP to the American small business https://x.com/byHeatherLong/status/1888261980324085821

Massive L if true (500 is a very large smb as has been said). But there’s hope. 

“There was a sense that the key to progress was ever-larger corporations, that if we let companies get bigger they would be more efficient, they would generate all these benefits”

[this kind of wanders, so I might think on it and get it down tight]

My first thought was that this seems easily debunkable by now, a relic of modernist hubris. But it’s not as clear as cultures & economies shifted online and expensive technology enabled large firms to concentrate power. 

The hope though, is that Small makes a comeback using Big’s playbook: technology-enabled concentration around niche solutions.

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com