@_TimBarker Great essay! HM Schwartz shows that the top 100 US firms' share of gross profit is slightly higher today than in the 1960s. By contrast, the share of the top 200 is slightly lower. Capex/~investment declined dramatically in both the top 100 a
Europe needs to formulate its own interest, this lacuna of the formulation of European interests, as different from the US is remarkable and hurting. Is this a task for the European public sphere? if so, where is this discussion happening? happy to receive
IPR-based firms with high profits (US) are protected by decoupling while physical capital-intensive firms (Europe) stand to be hammered by it .https://t.co/aGgsBFYxTx
Out now: Vol 29 No 5! Where Herman Mark Schwartz explains how changing corporate strategies and organizational structures have led to continuously slow growth in the global economy. https://t.co/MlDff0tUIT https://t.co/nVTf4BOU6t