Charles Hugh Smith - When Capitalism Turns to Cannibalism

``The Washington Post published a study that found U.S. businesses are being destroyed faster than they're being created. While not exactly a surprise, this is sobering evidence that small enterprise is in structural decline... The 22.4 million with some self-employment income looks like a big number, but most earn a pittance: only a relative few earn what qualifies as a middle-class income, and 3 million of these are professional-sector corporations or partnerships...''