4 ms·
* The share of GDP generated by America’s 100 biggest companies rose from about 33% in 1994 to 46% in 2013. * The five largest banks account for 45% of banking
by arcanus 10y ago
* The share of GDP generated by America’s 100 biggest companies rose from about 33% in 1994 to 46% in 2013.
* The five largest banks account for 45% of banking assets, up from 25% in 2000.
* About 30% of global foreign direct investment (FDI) flows through tax havens; big companies routinely use “transfer pricing” to pretend that profits generated in one part of the world are in fact made in another.