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The World’s Tech Giants, Compared to the Size of Economies
- dredmorbius 5y agoNote that this comparison, a rather common and popular one, confounds wealth (market capitalisation) with income (GDP). A country with a GDP equivalent to the market capitalisation of a major multinational company all but certainly has a total national wealth (or capital) far in excess of that of the company. Though the point is made that these corporations are gigantic and have massive influence.