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[-] finitebanjo@lemmy.world 0 points 6 days ago

87% of US companies who make more than $100M revenue (not net, gross) are private according to Advisorpedia.

But yes, ending Citizens United and enforcing maximum political donations would be a huge step forward and fix so many problems.

[-] Belgdore@lemm.ee 2 points 6 days ago

That says nothing about the amount of money passing through public companies.

Political donations suck, but the real issue is the absolute fiduciary duty of company runners.

[-] finitebanjo@lemmy.world 1 points 5 days ago

It just refutes the statement about the "majority of the economy" is all.

[-] Belgdore@lemm.ee 2 points 5 days ago

The economy is the money/capital not the number of business

[-] finitebanjo@lemmy.world 0 points 5 days ago* (last edited 5 days ago)

Kind of weird that I should even be bothered to ask at this point, but...

Alright, ignoring the number of employed workers and other economic indicators like actual product, whats your statistics on money/capital of private vs public firms?

this post was submitted on 21 Nov 2024
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