Re: US Ruling Class — Where Do Their Wealth Come from?
JBrown72073@cs.com wrote:
Mostly the US I’d say. Most corp profits are still domestic. But the trend is towards more internationalization, and there’d be few domestic profits if the rest of the world weren’t kept in order.
Doug
In order how? You mean by suppressing production and development? Or other ways?
If a significant portion of the world opted out of global capitalism, it’s doubtful the US would be as rich as it is. Less trade, less capital flow, etc.
Doug