Essay On Big Business

With big business on the rise in America, it seems as though we are reaching another Gilded Age. When money and profit is everything. Our society is driven by it. It is the focal point of our economy. Most importantly it is the tool that builds success. What do we define success as? The dictionary will tell you success is the accomplishment of an aim or purpose. If you ask the average American they will likely give you a much different answer. When you think big business you probably think Walmart, Target, Apple, or Microsoft. These are just a few. Apple is currently worth seven hundred billion dollars. That is enough to give every person on this planet a 100 dollar bill. They dominate the industry, which raises questions. Should the government regulate the expansion of corporations? The short answer is no. Corporations are the structure of this country, and many others. If the government restricts these large companies our economy will see a drastic and lasting effect. We know this because of previous instances. We have evidence that proves this to be the case. 47 percent of working Americans work for large companies like the ones listed above. People who live paycheck to paycheck. …show more content…
In the early 2000’s we saw a rise of large companies. They essentially took the game to a whole new level. Probably one of the most famous is Enron. Enron was an american energy company, that employed 20,000 employees across the southwestern most portion of the Unites States. This company subcontracted with the government, in exchange for government benefits, Enron would supply energy to large cities. They had the best energy plants, and they were the most efficient. They were the face of big business. They were found in 2001 to have been committing accounting fraud. After paying off fees and tax sanctions they were left with almost nothing, forcing them into