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HangryGannet
@hangrygannet.bsky.social

I wonder how globally comparable 0.1% of all companies is. I would expect quite a difference of # of companies per capita due to regulation and business culture. For example, creating a UK Ltd requires £1 min share capital, for a German GmbH it’s €12,500 min to be deposited at formation.

Jiameng
@jiameng.dev

Is Europe good for big business though? Name an actual big business and it’s invariably in the US and China, and I don’t think it’s a result of lack of trying but rather the fact that, as opposed to The Single Market, those two countries are actual large single markets

Jiameng
@jiameng.dev

Maybe I’m too pessimistic but I somehow really doubt that bp will ever beat Chevron or Exxon in market cap or revenue

Hard Boiled Egg
@perigominas.bsky.social

Terrible article. Confuses correlation with causation, overlooks fundamental issues with productivity measures and therefore glosses over wage suppression and monopolies/enshittification, and then mistakes a massive debt fuelled bubble with innovation generation. An excusative for bad corporations