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A comment on The Capitalist Road to Serfdom. Parent comment

Re:The Capitalist Road to Serfdom by iForgotMyPW on Sunday February 26, 2023 @10:55AM (#34946448)
It seems this is how they are generally compared by economists? Revenue vs GDP doesn't really tell a good story. Wal-mart does not wield remotely the same influence as Apple, but have like 5x their revenue.

https://www.visualcapitalist.com/the-tech-giants-worth-compa...

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Re:The Capitalist Road to Serfdom by CrazyStat on Sunday February 26, 2023 @07:02PM (#34951186)
The author of that piece is not an economist, he's a journalist with an undergrad business degree focused on real estate.

Influence is difficult to quantify, but Walmart certainly wields a lot of it. Just ask any of their suppliers.

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Re:The Capitalist Road to Serfdom by iForgotMyPW on Sunday February 26, 2023 @10:22PM (#34952567)
I didn't say Wal-mart didn't have a lot of power, but Apple most certainly has more.
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