Being the little guy doesn't always have to be a bad thing. Wheelan summarizes, "the large group subsidizes the smaller group"(180). In other words, the bully pays you to take your dessert. Wheelan uses the example of large and small agricultural businesses in America and Europe versus China and India. To paraphrase Wheelan, American and European farmers are subsidized by the government in order to continue making money off of an unneeded good (like mohair after it was unneeded by the army). In contrast, agricultural businesses in India, for example, are required to sell their goods for less than the market price in order for the everyday consumer to meet their basic nutritional needs. In the Indian case, the agricultural businesses are paying the consumers to buy their goods in a sense. Thus the concept is brought full circle: the larger corporations pay the smaller. In order to create good economic standing, the market must create a balance of subsidies and taxes in order to avoid a crash. A market crash can be a good and a bad thing. Yes, virtually everything would have a decreased value and prices for goods would most likely skyrocket, but for those buying into the market it would be tremendulously good. Prices per share would be at an all time low and potential shareholders would be able to purchase a share for significantly lower than the previous prices. For example, the NYSE Composite is selling at an approximate rate of $10,489.97 per share today. Since we have no way of knowing exactly how far the market would crash, there is no way to estimate the lowered price of the NYSE. It could range anywhere up to present standings. According to previous data however, if the stock market crashed as it did in 1929, it would pave the way for a second Great Depression. Only one thing is for certain: there will be a crash soon.
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