me: > steep fall in average profitability [in the US] Jamil: > Is "average profitability" even relevant in a context where giant > corporations operate on an entirely different echelon than the meager > competitive sector, where profit rates are quite low?
average profitability includes all non-financial corporations, whether they are "giant" or not and whether they are in the so-called competitive sector or not. The distinction between "giant" and "competitive" isn't very strong, anyway: the rivalry between some of the biggest "giants" -- thing Apple & Google -- can be quite intense. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
