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That's not what national total wealth refers to. It refers to the wealth of all citizens. > National net wealth, also known as national net worth, is the total
by notJim 6y ago
That's not what national total wealth refers to. It refers to the wealth of all citizens.
> National net wealth, also known as national net worth, is the total sum of the value of a nation's assets minus its liabilities. It refers to the total value of net wealth possessed by the citizens of a nation at a set point in time.
Given that multi-national corporations exist, it seems obvious that companies will have greater wealth than nations.
- TheCoelacanth 6y ago> Given that multi-national corporations exist, it seems obvious that companies will have greater wealth than nations. That doesn't follow because every non-totalitarian country has multiple corporations operating in it, in most countries a much larger number than the maximum number of countries a corporation could possibly operate in.