That's because globalization leads to single company doing everything. Think WALL-E's Buy-N-Large [0]. In fact, nowadays just - 62 persons own the same as ha

That's because globalization leads to single company doing everything. Think WALL-E's Buy-N-Large [0]. In fact, nowadays just - 62 persons own the same as half the world [1], - 5 companies own all media in US (it was 50 companies 40 years ago) [2] - 147 companies own 40% of public companies [3] [4] - 737 companies control 80% of public companies [3] [4] [0] https://www.theverge.com/21266860/wall-e-pixar-movie-yesterdays-future https://www.theverge.com/21266860/wall-e-pixar-movie-yesterd... [1] https://www.oxfam.org/en/press-releases/62-people-own-same-half-world-reveals-oxfam-davos-report https://www.oxfam.org/en/press-releases/62-people-own-same-h... [2] https://www.reddit.com/r/todayilearned/comments/49229c/til_in_1983_90_of_us_media_was_controlled_by/ https://www.reddit.com/r/todayilearned/comments/49229c/til_i... [3] https://www.forbes.com/sites/bruceupbin/2011/11/21/the-147-companies-that-sort-of-control-sort-of-everything-full-list-revealed/ https://www.forbes.com/sites/bruceupbin/2011/11/21/the-147-c... [4] https://arxiv.org/abs/1107.5728 https://arxiv.org/abs/1107.5728