Your 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.
Corporations must be properly regulated by government. If a corporation is doing something bad, and they are not properly punished, you should blame goverment for not doing their job. With proper regulation corporations are forced to abide by the rules or face the consequences of their actions. The penelties must be steep enough to stop them from even thinking of breaking the law.
This 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.
yeah is it. so, if we take the differences you mentioned out, it will come out that these corporations are not larger than, say, 100 of the countries present on the planet. face it : the corporations have become countries themselves. but they are not subject to the same rules countries are !
Closed AccountOct 2, 2006
Your 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.
ech0Oct 2, 2006
Corporations must be properly regulated by government. If a corporation is doing something bad, and they are not properly punished, you should blame goverment for not doing their job. With proper regulation corporations are forced to abide by the rules or face the consequences of their actions. The penelties must be steep enough to stop them from even thinking of breaking the law.
dickeytkOct 2, 2006
here in the northwest they are known as fred meyers
aeontorporOct 2, 2006
A.K.A. Frys
jameseyOct 2, 2006
yet California provides the rest of the nation with more welfare money (from taxes and whatnot) when in fact it needs the money the most.
benbjohnsonOct 2, 2006
AKA King Soopers in Colorado. Yes, that is the stupidest name for a grocery store but it's what we've got.
tybrisOct 2, 2006
So what does this mean?
tabuxanderOct 13, 2006
and where's coca-cola?
chairmansacJun 16, 2008
This 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.
unity100Dec 15, 2010
yeah is it. so, if we take the differences you mentioned out, it will come out that these corporations are not larger than, say, 100 of the countries present on the planet. face it : the corporations have become countries themselves. but they are not subject to the same rules countries are !