03 April, 2006

Forbes 2000

Forbes published their list of the 2000 largest companies in the world for 2006. An interesting list - in the top 20, banks (or other investment groups) and the oil industry predominate, taking up 16 of 20 slots. In the top 100 this drops to a mere 46 out of 100 being oil & gas or investment. The same groups account for 11 of the top 20 most profitable groups (not surprising considering they're so large).


I know that the oil and gas industry are our whipping psots of choice, but the predominance of banking is kind of depressing to me. They're entire companies that only exist to make people richer--they're not directly producing anything. All of their profit comes from skimming off of someone else's profit. 

Posted by Saheli

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