Too Big To Fail
Jan. 10th, 2010 08:01 pmI'm getting a little sick of the idea that businesses can be too big to fail. I think if a business is failing, it should be allowed to fail. And if we want to use tax money to ease the resulting trauma, we should use it on the usual safety net things such as unemployment and job training, and maybe we could even add relocation subsidies. I'd much rather spend my money on a bunch of losers who won't even start looking for a job until their unemployment runs out than spend it on the actual people who couldn't keep the business from failing.
Meanwhile I'm a bit tempted to refrain from buying from businesses that are too big to fail and instead patronize smaller businesses. In some cases, this strategy would no problem. Giving my money to someone other than Microsoft actually means I get a better product (except for my Excel substitute). Buying Honda instead of Ford means my car runs better and lasts longer.
However, I'm afraid that Google is getting too big to fail. And I love Google.
Meanwhile I'm a bit tempted to refrain from buying from businesses that are too big to fail and instead patronize smaller businesses. In some cases, this strategy would no problem. Giving my money to someone other than Microsoft actually means I get a better product (except for my Excel substitute). Buying Honda instead of Ford means my car runs better and lasts longer.
However, I'm afraid that Google is getting too big to fail. And I love Google.