4 ms·
> It was a great idea between 1930 and 2000, as American corporations managed to become increasingly dominant in modern life, but as that trend reverses, I expe
by anamax 17y ago
> It was a great idea between 1930 and 2000, as American corporations managed to become increasingly dominant in modern life, but as that trend reverses, I expect the share of our economy held by the top 500 corporations (that's essentially what the S&P is) to contract.
It's quite possible for the dominance of corporations to remain the same or even increase even as the share of the economy held by the S&P 500 goes down.
I'm betting that corps will continue to be as dominant, if not more so.