Hindustan Times
Hindustan Times
AsiaPac · 4 hrs ago

Americans should rekindle their love for big business

Chief executives are unlikely to be feeling enthusiastic about the rise of the Democratic Socialists of America (DSA), a left-wing political organisation whose members have recently won a slate of nominations to represent the Democratic Party in November’s midterm elections. Last month the DSA published a manifesto that decried the power of corporate America and called for “public ownership of the largest corporations”.Across the OECD, a club of mostly rich countries, the productivity of small and medium-size enterprises (SMEs) averages just two-thirds that of large firms. (Unsplash)Most Americans do not share the DSA’s enthusiasm for widespread nationalisation, but many do feel a great deal of antipathy towards large companies. In a survey published in April, just 15% of Americans told Ga
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