Pictured: "Legitimate" versus "Illegitimate" Business

The government defines this type of business as part of the “informal” sector, because it most likely isn’t registered with any authorities, doesn’t pay taxes and operates in public space:

These two businesses are part of the “formal” sector, they’ve got friends in high places and work very hard to pay as little taxes as possible. They may even get a helpful bail-out every now and then:

By the way, both of these instances are directly across the street from one another in downtown Sandton, South Africa.

Note: I asked permission from the gentleman who ran the street stall if I could take a picture of his wares. I neglected to ask permission from HSBC or Deutsche Bank if I could take a picture of their shady palaces.

Why would you need permission from someone to take their picture in “public”?

I don’t think that was a point OP was making. Though, I can be mistaken.

I wouldn’t. But I respected the gentleman’s business enough (more than the other two) to have the courtesy to ask him first :wink:

My understanding is that HSBC were the one major banking group with UK presence that did not receive UK bailout, i don’t know if its same story in the US, but traditionally HSBC had been ‘relatively’ conservative…