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Who is he saying is the third largest corporation on the planet? Privately held? Publicly? Largest in what sense, market capitalization? I'd really like to know
by 9999 14y ago
Who is he saying is the third largest corporation on the planet? Privately held? Publicly? Largest in what sense, market capitalization? I'd really like to know who he actually means there. I assume he means a private company since he refers to ("the family that owns it"). In that case is he referring to Mars? Or maybe he means Wal-Mart, who do not appear to be the third largest corp, but the majority shareholders are a single family. They're also renowned exploiters of the working class, so they don't seem to be a very positive model to emulate if you wanted to make the world a better place.
- jzellis 14y agoWal-Mart is, according to Wikipedia, the third largest privately-held corporation in the world, after Shell Oil and Exxon. And no, they're not a good model to emulate, that wasn't my point. :-) This was an eight minute speech, and the text you're reading was my notes for it, not the final version, so some of the subtlety gets lost.
- 9999 14y agoThanks for the clarification. Is there a recording of your full speech? I like your basic premise, although I would certainly say that Costco is a much better corporation when it comes to serving the working class (in employment and in services rendered to consumers) than WalMart.