Thursday, April 17, 2014

Oil companies, Fortune 500, and U.S foreign policy

Another of my old notes: Does the fact that four* out of the top ten companies in the Fortune 500 are oil companies have any effect on U.S foreign policy?

The note reads six companies, but with mergers and the rise of other companies, the fifth oil company is now rated 33 in the 2013 Fortune 500 list.

Who has more say on foreign policy?  The people of the United States or the largest companies, especially oil companies?  Do we have democratic capitalism or oligarchic capitalism?  See “Democratic capitalism, revisiting an oxymoron”.