this post was submitted on 21 Nov 2024
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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.
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.
It just refutes the statement about the "majority of the economy" is all.
The economy is the money/capital not the number of business
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?