Flame — HabitableZone

Flame » in reply to Corporate power

re: Corporate power

I don't have any reason to doubt your figures, and they are quite astonishing, half of the economy is controlled by 0.3% of the firms. It would be interesting to see how that proportion has changed over the years. As I recall, the last time I saw a breakdown of this kind, probably when I was in college, the percentage of the economy controlled by small firms was much larger, but I don't remember the breakpoints.

At any rate, my lenses show me something totally different than yours do. You seem very comforted by the fact that small firms still control half the economy, and that there are so many of them. I am terrified by the concentration of power in so few firms. I know it's comparing apples and oranges, but it would be like a republic in which half the legislators were elected by 0.3% of the voting population.

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