Reply to post: Re: A bit unfair

SO. Which IS more important to humanity: Facebook, or Portugal?

J P

Re: A bit unfair

I tried matching company turnovers to GDPs not long back using wikipedia - while the figures aren't directly comparable, let alone reliable, it was the quickest way to get a feel for a hunch/concern I have that we now have corporate bodies (MNCs, multinationals, call them what you like) which have more economic power than some countries, aka tax jurisdictions. (Someone has also done a similar exercise mapping English counties to African countries - the most heartbreaking statistic I know is that economically we seem to put the same value on DRC (area 905k square miles, pop'n 77m) as we do Devon (area 2.5k square miles, pop'n 750k). )

Thinking about companies again, if taxes exist for the good of society, but the corporate body does not consider itself a part of that society, can we be surprised when the corporate bodies start to operate in their own, rather than the society/tax jurisdiction's interests? Especially if they are "bigger" than the tax jurisdiction...

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