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Forum Post: America Isn’t a Corporation

Posted 2 years ago on Jan. 13, 2012, 3:36 p.m. EST by philosophersstoned (233) from Gypsum, CO
This content is user submitted and not an official statement

Why isn’t a national economy like a corporation? For one thing, there’s no simple bottom line. For another, the economy is vastly more complex than even the largest private company.

Most relevant for our current situation, however, is the point that even giant corporations sell the great bulk of what they produce to other people, not to their own employees — whereas even small countries sell most of what they produce to themselves, and big countries like America are overwhelmingly their own main customers.

http://www.nytimes.com/2012/01/13/opinion/krugman-america-isnt-a-corporation.html?_r=1&partner=rssnyt&emc=rss

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