The world’s largest company by revenue is Walmart ($486 billion of revenues in 2016). The U.S. defense establishment is a larger “enterprise” than Walmart, however. The armed forces “revenues”, extracted from us by taxes, are $525 billion in 2017. Other estimates of this number are higher. One estimate is $825 billion for 2018. The U.S. Department of Defense has a workforce of 3.2 million people. Walmart has 2.1 million. The accumulated military-related assets (weapons, real estate, inventories, intangibles, etc.) of the U.S. are certain to exceed any private company in the world, even though we do not have an estimate … Continue reading The Largest “Enterprise” and the Largest Taking Without Just Compensation