Angelo Giuliano 🇨🇭🇮🇹 (@angeloinchina)
@angeloinchina
In China since 1995, geopolitical/financial analyst. YT channel
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US market > This isn’t free-market capitalism anymore. It’s a monopoly-rent extraction machine that rewards the connected few at everyone else’s expense.
Top 1% of U.S. firms now capture 82% of all corporate revenues >>> up 22 points since the 1950s.
The top 20 companies alone control nearly 50% of all sales — up 10 points since the 1980s.
Corporate profits after tax are running at ~12% of GDP, more than double the levels from 2001.
Decades of weak antitrust enforcement, regulatory capture, lobbying power, barriers to entry, and corporate welfare have created this rigged system.
Mega-firms build moats, crush competition, and hoard the gains while smaller businesses and workers get the scraps.
This is how you hollow out an economy and concentrate power.
Not innovation >> entrenchment. Not competition >> capture.
The American economic model is badly broken.
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US corporate revenues have never been this concentrated:
The top 1% of US firms by sales now account for a record ~82% of all corporate revenues.
This percentage has risen +22 points since the 1950s.
The top 20 firms alone account for a record 50% of all US corporate sales.
Concentration has increased +10 percentage points since the 1980s.
At the same time, corporate profits after tax as a proportion of US GDP stand at 12%, near an all-time high and more than double 2001 levels.
This means a shrinking number of companies are capturing a growing proportion of both revenues and profits across the entire economy.
The market and economy have never been more concentrated.
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Did you know that the US drafted Japanese constitution ?
**The Japanese Constitution (1947) was drafted in Tokyo by U.S. occupation staff under Gen. Douglas MacArthur (SCAP/GHQ), not in Washington.**
A Japanese government committee first submitted a conservative draft; MacArthur rejected it and had ~24 American lawyers (led by figures like Courtney Whitney and Milo Rowell) produce a new version in about a week in February 1946.
The Japanese side then reviewed, translated, and made limited modifications before the Diet adopted it.
US lapdog yesterday, US lapdogs today.
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The Empire Wants a WW2 Redo: Does America Always Win?
The Unchanging Playbook
USA emerged from World War II as the undisputed champion not through superior sacrifice on the battlefield, but because the war never touched its homeland. While Europe lay in rubble and Asia smoldered, American factories operated at full throttle, flooded with military contracts. Cities intact, industries booming, the dollar enthroned as the world’s reserve currency.
Full article >
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