Send a Tweet
Most Popular Choices
Share on Facebook 5 Share on Twitter Printer Friendly Page More Sharing
General News    H4'ed 8/4/17

30 firms earn half the total profit made

Quicklink Submitted By     (# of views)   4 comments, 4 series
Author 40790
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (23 fans)

Green Dollar Sign Free Stock Photo - Public Domain Pictures484 ├-- 615 - 116k - jpg
Green Dollar Sign Free Stock Photo - Public Domain Pictures484 ├-- 615 - 116k - jpg
(Image by publicdomainpictures.net)
  Details   DMCA

'And it’s not just profit; the concentration of corporate wealth shows up in a slew of other metrics.There were 4,819 public US companies in 1975. Forty years on, that number has fallen by more than a fifth, hitting 3,766 in 2015. This peculiar dwindling is but one of the dramatic changes in US public corporations described in a new study published in the Journal of Economic Perspectives. Of course, the bigger and richer the market Goliaths get, the harder it is for the Davids of the US economy to lethally bean them—and the need for R&D to compete may have exacerbated this. Companies drowning in cash can easily afford patents and the investments to develop those. Or, as seems to be happening, to buy the company with the patent. If you can’t beat Goliath, join him.'

Read the rest of the story HERE:

At qz.com

 

Must Read 1   Well Said 1   Valuable 1  
Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Other Series: View All 132 Articles in "Economics and the propaganda/lies"