I challenge you to play a game with me. What would the world be like if there were no big corporations?
First we need to define “big corporation” and come up with the rules. Let’s make 25 persons the definition of a “big corporation”, even though it is a very small limit. Let’s call this a “25 person rule“. And the whole thing the “25 person game“.
The simple rules are as follows: We are establishing a global law that forbids anyone to create or maintain any corporation employing more than 25 persons. It’s also illegal to chain organizations, thus it’s not possible for any organization to own more than 33% of another organization directly or indirectly.
Then, let’s start thinking what the world would be like. I’ll start by listing some random things. My speculations may be wrong, corrections are very welcome.
Much more companies. The production and jobs would need to be maintained on the same level. This means that a 10,000 employee corporation would need to be split into minimum of 400 new companies. What would they do?
Much less decisive market positions. Since the big corporations can’t own the markets, it’s very difficult to obtain a decisive market position. There is no market shared between Coca-Cola and Pepsi. How this market would be fullfilled?
Much more competition. Since there would be huge amount of companies, it is likely that there is much more competition. Small companies can’t produce with same efficiency, so would the products be different?
More diverse offerings. Instead of having the market shared between a few big ones, there would be much more to choose from?
Stronger labour unions. Would there be a need for the workers to be organized? Or is everyone going to be self-employed?
Less mass production. 25 people companies can’t have mass production in larger scale. Or can it? Automation, robotics or artisanal production?
Networked companies or consortiums. Will there be much more networks where companies would work together? Consortiums? Ad hoc project team?
Stronger role for the authorities. Since the number of organizations would be much higher, authorities would need to take a much stronger role in keeping the world becoming the wild west.
Please add more, plenty more. Let’s play the 25 person game!