Bigger get Bigger again!

quinta-feira, setembro 05, 2013 David Barradas 0 Comments

It's not only in the corporate world that you watch the bigger getting fatter. In stocks the only indexes that are at the all time high (or almost) are the Dow, S&P and DAX from Germany. These indexes comprise the biggest companies in the world. On the personal side the income polarization is also huge, with the highest quintile getting 51% of Aggregate income from 43 % in 1967.

Why? I guess Globalization creates winners and losers on a global scale. And when you win you win big time.When the workd was broken in small markets, closed market's, etc... you could have a lot of local winners.

If the world is one Global Championship you only have 1 Global winner! On top of this the automation and robotization are replacing a lot of jobs and you don't need everybody to work.