As Marx observed in 1867, capitalism has a tendency to concentrate capital into the hands of monopolies. In the early years of the 20th century, the corporate state was considered imminent; however, new technologies and creative enterprise have prevented it from coming to pass.
Digital technologies make it easier for innovative small businesses to punch above their weight and break into markets that seemed to have been sown up for decades. Today, we have new digital banks, Uber taxis, marketplaces such as eBay and Amazon, and bitcoin exchanges to prove it can be done. Not least, we have new communication networks in the form of the international VoIP wholesale provider.
A business equipped with a hosted PBX (private branch exchange) can access features previously only available to big corporations. It becomes simple and affordable to operate large-scale customer relations systems and serve worldwide markets. Here …