Comment by carlosjobim

Comment by carlosjobim a day ago

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What I'm saying is that the high value of a large company is not "affluence".

An ugly military troop transport might have the same cost / value as a desirable sports car. Not to mention other types of military equipment. But we wouldn't think about that as affluence. Because we know that military equipment are tools with a purpose.

The same for the value which is locked in within any giant corporation. Of course a large industry is going to have expensive equipment and lots of other investments, which nobody thinks of as "affluence". That is exactly what the money of billionaires is. They own a share of all that ugly equipment, which has no use outside of a big company.