Reply #4: yes. the other half of the oft-cited "small businesses employ most of the people" [View All]

[Hannah Bell]

is: "large businesses make most of the profits" & "control most of the economic activity."

here's an example:

Top 200: The Rise of Corporate Global Power

Available in PDF
File Size: 203KB


Key Findings

The Top 200 corporations' combined sales are bigger than the combined economies of all countries minus the biggest 10.

While the sales of the Top 200 are the equivalent of 27.5 percent of world economic activity, they employ only 0.78 percent of the world's workforce...


http://www.corpwatch.org/article.php?id=377&printsafe=1


This is global, but the same thing is true at the level of nations. a few corps control a big chunk of economic activity.

Not so different from when the Morgan interests controlled GM, GE, US Steel, the sugar industry...etc. Effectively controlled the entire economics of the US.

I actually believe it's still the case, simply more covert.