Alan Cole for The Dispatch
Why America is the world’s corporate headquarters
The U.S. dominates the world’s list of the most valuable companies . Indeed, of the top 20 publicly traded companies today by market cap, 17 are American. This reality—derived partly from policy and partly from lucky historical circumstances—is an economic boon for the country, improving the lives of Americans across the socioeconomic spectrum. To protect and expand this advantage, The Dispatch writes, policymakers may seek to curb regulations hostile to global business.
That more valuable companies are founded and grown in the U.S. than in other countries is no surprise; the U.S. is the world’s richest large country, and its largest rich country. That said, the share of the world’s greatest companies that