3 ms·

Walmart dwarfs oil giants in list of biggest companies by revenue

3 points by prmph 6y ago

prmph 6y ago
I found this list interesting several ways. Walmarts sits at the top, a retail company that dwarfs even the national oil giant of a huge country (china). There are no other retail companies in the top 10, not even Amazon. Volkswagen is bigger than Toyota, though not by much. I always thought Toyota was far and away the biggest automaker. Eight of the top 10 biggest companies are oil companies; we are nowhere near peak oil, and oil industry has out-sized influence on our world. Microsoft and Facebook are not on the list (!)
- jacobwilliamroy 6y ago
  Microsoft and facebook mainly provide surveillance services. Not nearly as valuable as oil, which is an integral part of everything with no viable alternatives (as opposed to fb and ms who only provide slight advantages over traditional analog surveillance). Why do you think we fight wars over oil? We cant even produce and install a set of solar panels without using oil as the means to do so. Do you see any solar powered solar panel factories? What about a fully solar powered solar panel supply chain? Try asking about such things and people just scratch their heads and shrug.
arkis22 6y ago
Poor Saudi Arabia. In 20 years they're probably screwed. CUE SOFTBANK INVESTMENTS.
jacobwilliamroy 6y ago
Walmart will be at the top. Government basically ran all the mom and pops out of business with the shutdown, funneling everyone into the big chains. I am sure all those apocryphal letters and emails from "someone in the national guard/white house" telling everyone the government would starve them if they didnt shop till they dropped, were from some psycho or more likely group of psychos working in the marketing department of a big retail chain. The panic shopping really boosted sales and had the added bonus of draining everyone's wallets before the economic crash made everyone poor and unemployed. Of course, walmart gets to skim off the welfare too, so they really are an indestructible company. We should make them a government department already, seeing as how teaching people to apply for government subsidy is part of their employee training.

3 points by prmph 6y ago

I found this list interesting several ways. Walmarts sits at the top, a retail company that dwarfs even the national oil giant of a huge country (china). There are no other retail companies in the top 10, not even Amazon. Volkswagen is bigger than Toyota, though not by much. I always thought Toyota was far and away the biggest automaker. Eight of the top 10 biggest companies are oil companies; we are nowhere near peak oil, and oil industry has out-sized influence on our world. Microsoft and Facebook are not on the list (!)

jacobwilliamroy 6y ago
Microsoft and facebook mainly provide surveillance services. Not nearly as valuable as oil, which is an integral part of everything with no viable alternatives (as opposed to fb and ms who only provide slight advantages over traditional analog surveillance). Why do you think we fight wars over oil? We cant even produce and install a set of solar panels without using oil as the means to do so. Do you see any solar powered solar panel factories? What about a fully solar powered solar panel supply chain? Try asking about such things and people just scratch their heads and shrug.

arkis22 6y ago

Poor Saudi Arabia. In 20 years they're probably screwed. CUE SOFTBANK INVESTMENTS.

jacobwilliamroy 6y ago

Walmart will be at the top. Government basically ran all the mom and pops out of business with the shutdown, funneling everyone into the big chains. I am sure all those apocryphal letters and emails from "someone in the national guard/white house" telling everyone the government would starve them if they didnt shop till they dropped, were from some psycho or more likely group of psychos working in the marketing department of a big retail chain. The panic shopping really boosted sales and had the added bonus of draining everyone's wallets before the economic crash made everyone poor and unemployed. Of course, walmart gets to skim off the welfare too, so they really are an indestructible company. We should make them a government department already, seeing as how teaching people to apply for government subsidy is part of their employee training.