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A Note on the Concentration of Power

A Note on the Concentration of Power

The oligarchy signal in marketcap

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Policy Tensor
Nov 25, 2022
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A Note on the Concentration of Power
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As of the closing auction before Thanksgiving, thirty-seven of the largest companies listed on the NYSE or NASDAQ had a market capitalization of seventeen trillion dollars, a third of total market capitalization of all US equities of fifty trillion. Could this have anything to do with the increasing prominence of American oligarchs in public affairs? Fr…

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