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by chollida1 4597 days ago
> Two banks, two high tech, the rest oil/gas/mining. Kind of depressing.

Why is this depressing?

It looks like the people manufacturing things for the economy are being rewarded. To me this seems like the economy is working properly.

2 comments

No, it seems like the people manufacturing one thing are being rewarded more than the people manufacturing other things . . . until you realize it's not manufacturing at all. It's resource extraction, which is necessary but still a different thing. Also, why overlook the banks? They might not be totally without value, but they're not manufacturing either. I'd much rather see such a list dominated by people who actually build stuff higher up the value chain, not their suppliers and facilitators.
Oil/gas/mining don't exactly leave the world a better place. Banks one could argue for both sides, though I tend to lean on bad too.
Ehhh. Those companies and others like them (Aramco, etc) represent the heart of the modern industrial economy, for better or for worse. Are consumer companies like Apple even imaginable in their absence?