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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (285545)	4/25/2006 6:52:09 PM
From: TimF	Read Replies (1) \| Respond to of 1572457

If your looking at the biggest company it makes sense to compare it to the biggest country. Also there is the fact that governments have all sorts of powers that go beyond their ability to raise and spend a lot of money. Sure companies like Exxon-Mobil can lobby for laws, but governments pass and enforce them. There sovereign powers would remain even if their revenue was smaller than corporations revenue. Exxon Mobil isn't going to overpower New Zealand just because it had more revenue last quarter. If Exxon Mobil or another large corporation had the ability and desire to overwhelm the government of the US or New Zealand, those governments would not somehow be protected by raising taxes and increasing spending on social welfare. The size of governments is generally greater than the size of corporations, but even if it wasn't it would not be much of an argument for greatly increasing the size of government. Tim