> So the entire EU economy grew at the same speed than the US one but not its 500 bigger companies. So all else being equals it means that the smaller US compan

> So the entire EU economy grew at the same speed than the US one but not its 500 bigger companies. So all else being equals it means that the smaller US companies grew more slowly and that this article is simply mesuring increasing corporate inequalities The flaw here is ignoring that corporate earnings are not contiguous with GDP at a country level. A country’s earnings cam grow faster than GDP, when overseas profits grow faster than domestic profits. Since most large corporates are multinationals this consideration is highly relevant. Apple has grown very fast, but since iPhones are mostly assembled in Asia and the software is booked in tax havens like Ireland, very little of that accrues in the form of US GDP. What’s much more likely than corporate inequality increasing is that US corporates have done a much better job at expanding overseas than large European corporates. This is also why American consumer expenditures are much higher than you’d predict from looking at GDP per capita. iPhones may count as Taiwanese and Irish GDP, but the huge profit margins wind up buying back AAPL stock that is largely held by American shareholders.