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HomeNewsOpinionRuchir Sharma: Why America’s big companies keep getting bigger

Ruchir Sharma: Why America’s big companies keep getting bigger

Ruchir Sharma   •
©The Financial Times Limited 2020 Apr 10, 2023 / 12:44 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

The beneficiaries of post-crisis rescues are established companies — this is not how capitalism is supposed to work

The number of US companies that remain in the top 10 from one decade to the next has risen steadily. And while churn has weakened in the US, it remains relatively robust across much of the world.

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