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70 Comments
- captinherb, on 10/12/2007, -0/+30This is from 2000, Walmart has since blown past GM and a couple of countries.
http://news.mongabay.com/2005/0718-worlds_largest.html - Nation, on 10/12/2007, -4/+32*inaccurate* because the corporations are counted twice -- both as part of a country and as themselves.
also this is from six years ago ... thus it is no longer accurate for today. - xelloss, on 10/12/2007, -1/+12No microsoft?
- vectorprime, on 10/12/2007, -1/+10Because I know I buy my cars, gasoline, cell service, landline phone, cable, internet, groceries, textbooks, electronics, movie rentals, and airfare from one of the numerous mom and pop providers in my town. Not supporting corporations is harder than it sounds.
- inactive, on 10/12/2007, -4/+13"Don't invest in corporations that are self-serving"
So, um, don't buy from corporations at all? - Pharaoh777, on 10/12/2007, -0/+8Kroger is far more than just your grocery store.
http://www.thekrogerco.com/ - inactive, on 10/12/2007, -0/+8This is from 2000. A more current ranking of country by GDP from wikipedia is:
Rank Country GDP (PPP)
— World 61,078,260
— European Union 12,427,413
1 United States 12,277,583
2 People's Republic of China 9,412,361 1
3 Japan 3,910,728
4 India 3,633,441
5 Germany 2,521,699
6 United Kingdom 1,832,792
7 France 1,830,110
8 Italy 1,668,151
9 Brazil 1,576,728
10 Russia 1,575,561 - inactive, on 10/12/2007, -4/+11So Ben and Jerry's is evil?
- honds, on 10/12/2007, -2/+9Now my economics is rusty but given this two items on that list (let's say the USA and General Motors)... wouldn't GM sales be factored into the GDP of the USA? Therefore it is not an accurate measure. The USA (and the other countries on the list) are not producing the goods. The GDP is the Gross Domestic Product including all final goods and services.
The companies indeed should be even higher on the list because the GDP of many of the countries wouldn't be as high without those companies.
It is an interesting but relatively useless for statistical purposes. Again IANAE (I am not an economist). - inactive, on 10/12/2007, -11/+18and whats wrong with that??
- inactive, on 10/12/2007, -3/+10neither governments nor corporations are inherently good or bad.
- Cymrubeats, on 10/12/2007, -2/+8It's a good thing countries don't 'lay of' people when their profits don't exceed the billions like corporations do.
I'm sorry, we can't afford to keep you, please leave the country. - Cymrubeats, on 10/12/2007, -2/+7Your point is a good one. If they seperate corporation profits from everything else, then there is no GDP to speak of...and what about (well they all are) multinationals who contribute to other countries GDP. It is a little useless when you think about it.
- teherga, on 10/12/2007, -1/+5america's number 1 grocery store and number 3 overall retail I'm a part time stock clerk for them
- Daniel591992, on 10/12/2007, -0/+4Microsoft is a "he"?
- inactive, on 10/12/2007, -1/+4It's based on revenue - google are way down, around 10 billion last year.
- dickeytk, on 10/12/2007, -0/+3here in the northwest they are known as fred meyers
- mjpatey, on 10/12/2007, -0/+3Kroger must be a regional chain? I've never heard of them.
- CLIFFosakaJAPAN, on 10/12/2007, -1/+4wow...and almost half (counted 21) of those Corporations are Japanese. No wonder Japan's listed as #2 overall. Not bad for a country the size of Montana.
- rlh68, on 10/12/2007, -2/+4Of course I buy from corporations, even some I know I shouldn't when I have to. But I am conscience of it and I TRY not to buy from the self-serving corporations.
Some corporations do contribute something back to their communities. Some actually care about the people they employ. These are the ones I buy from when I can. Sure the object of a corporation is to make money but not all of them are out to gut the community they operate in. - Guitarzan, on 10/12/2007, -0/+2Close, California has a GDP of 1.55 trillion (as of 2005) which would put it past Russia (number 10 with 1.57) on tofuchick's comment above. Yet according to wiki it would be at number 7: http://en.wikipedia.org/wiki/California . Awesome state. :)
- ech0, on 10/12/2007, -1/+3How exactly is this scary? You conspiracy nuts need to take a chill. Its obvious that corporations in larger economies are going to have larger profits then GDPs in smaller economies. You can't compare. These countries have fewer populations and slower economies. And no this is not net profit, this is gross profit, they have to pay out all the thousands, if not millions of employees that they hire, so ultimately they have just a few billion.
- fitzfan, on 10/12/2007, -0/+2"6x~3% =18% inflation right?"
no 1.03^6, which would equal closer to 19 or 20,
and who wants a stock that goes up 33% in 6 years?
Thats less than 5% a year, you can get that in some savings accounts, CDs and bonds. - inmatarian, on 10/12/2007, -0/+2Is it neccessarily a bad thing that corperations make a lot of money? Not to imply the inverse, that it must be good if it's not bad, but I don't believe corperations (the concept) to be inherintly good or evil. Yes, some corperations have been run by bad people, and they've been imprisoned or had massive heart attacks. Others are driven by an impetus built up after decades of business, and have lost their original goal. And then, you have some that are run by honest people, who feed their children with the earnings.
Bear in mind that the rules of business, otherwise known as Business Corperation Law, are the same for small businesses, as they are owner cooperatives, as they are publically shared conglomerates. They're all created for a purpose that beneficial to it's founders and owners over the course of it's life. When a Deli doesn't serve you anymore, you shop ata different deli. When a Co-op doesn't represent you anymore, you move to another neighborhood. And when a Major Business abuses you, you take your business elsewhere.
Remember that Money, in this day an age, represents a unit of the public Trust. When you don't trust an entity anymore, you stop giving it your money. - TopherT, on 10/12/2007, -2/+4In the corporate system the investors are god. I don't particularly like the idea of wealth equaling the power of the state but money has for a long time been the same thing as power (at least socially).
- tybris, on 10/12/2007, -0/+1So what does this mean?
- inactive, on 10/12/2007, -1/+2MS is around $40billion I think.
- AeonTorpor, on 10/12/2007, -0/+1A.K.A. Frys
- jamesey, on 10/12/2007, -0/+1yet California provides the rest of the nation with more welfare money (from taxes and whatnot) when in fact it needs the money the most.
- Corvidae, on 10/12/2007, -0/+1Aside from actual growth, the GDP also went up because the value of the dollar dropped. BushCo's economic BS tends to increase the stock market and the GDP. 90% of the population gets screwed while those at the top make record profits.
- ollj, on 10/12/2007, -2/+3Ah look at this utterly useless statistical list.
Its SAD how it tries to compare the incomparable, GDP with sales, while one includes the other. - spraguep, on 10/12/2007, -2/+36x~3% =18% inflation right?
- Desidarius, on 10/12/2007, -0/+1So does this mean that if Walmart wanted to they could buy, say, Peru or Romania?
- unpopulardude, on 10/12/2007, -1/+2I have had a large number of governments, and private entities as clients. On the whole, the companies were more honest and did more economic good. Generally, they did not declare wars or imprison people. The corporations which cause the most damage are in a few sectors: tobacco, pharmaceuticals (a really difficult group, because they do both a lot of good and a lot of damage), energy, and defense.
The governments are really frustrating. Many of the bureaucrats are well-meaning, even if they are slow and rule-bound. There is no comparison between company executives and politicians. Except for companies in the sectors above, the executives are more honest, and usually smarter. I'm going to have to compile a list of the salaries of presidents, mayors, governors, and CEOs. There are a lot of people a my company who make more than any governor in the US (over $200k). - inactive, on 10/12/2007, -2/+3What about Google? Their net worth is greater than some on those list.
- fitzfan, on 10/12/2007, -1/+2Thats not a bad idea.
- Pharaoh777, on 10/12/2007, -1/+2It goes by sales - so a company could be on the list one year and bankrupt the next. 2004 wasn't too big of a year for Microsoft as there was no 360 and no new versions of Windows released.
- insomniacdude, on 10/12/2007, -1/+2Marked as inaccurate. It's from six years ago.
- Llanowar, on 10/12/2007, -1/+2Maybe... but look at the population, take the average and you'll see countries like The Netherlands closing in by A lot.
- timpkmn89, on 10/12/2007, -0/+1It's national, just more stores in some places than others.
- Llanowar, on 10/12/2007, -1/+2While Microsoft isn't on the list. I doubt he cares when he looks at his bank account. :p
- spartyboy, on 10/12/2007, -1/+1As mentioned before, this list is essentially meaningless since a country's GDP is comprised of corporations headquartered within its borders. Nokia's sales account for nearly half of Finland's GDP.
- neouser99, on 10/12/2007, -3/+3hey poster (digitalgopher).... 2000 called and they want their statistics back...
- ZenMojo, on 10/12/2007, -1/+1Technically everything selling sells to something else, so you could never have wholly independent economic units. It's no more irresponsible to add GM to the United States than it is to add GE to GM or GM to, say, Citibank. Countries are particularly benefitting economic entities with smaller entities within them.
- benbjohnson, on 10/12/2007, -0/+0AKA King Soopers in Colorado. Yes, that is the stupidest name for a grocery store but it's what we've got.
- tabuxander, on 10/12/2007, -0/+0and where's coca-cola?
- tetsuwan, on 10/12/2007, -1/+1You guys wonder what this means?
It means that the big oil companies have the most economic muscle beside a selected few governments. When some Republicans say that global warming advocates are funded by greed, they use the classic trick of inverting the truth. If you want to know where the resistance to a change in energy policy comes from, you need not look any further than this list. - ChairmanSac, on 06/16/2008, -0/+0This study makes an gigantic error. This study compares GDP with gross sales. These measurements are not comparable. GDP is the value added to an economy (say a $15 shirt costs $10 to make, it would add $5 to GDP) and gross sales is the sum of a companies sales (that same shirt would add $15 to gross sales). If you measure the size of a country's economy by gross sales, you would get much larger numbers. This study has been discredited (UNCTAD: Are Transnationals Bigger than Countries?). When the proper comparisons are made, only 2 companies barely crack the top 50 and only 29 make the top 100. Are people really worried that Exxon/Mobile has the same economic might as Pakistan? Pakistan is not what anyone would call a global economic powerhouse. This is just another example of how the fears of corporations and globalization are completely overblown.
- jmann, on 10/12/2007, -3/+3Kroger at no. 97? wtf?
- cutechimp, on 10/12/2007, -1/+1Hong Kong is #41, and Taiwan is not on the list?
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