PropertyValue
rdfs:label
  • Big Three Kalistani Conglomerates
rdfs:comment
  • The Big Three was a term used to refer to the three conglomerates with dominate the economy of Kalistan in all industries. They are Ananto Worldwide, Kalistani Saccharine, and Grand Enterprises. Together they accounted for slightly over 50% of all Kalistani business, as well as a large share of international business. They were dissolved in 2374, when all industry was nationalized, and have not since reformed.
dcterms:subject
dbkwik:particracy/property/wikiPageUsesTemplate
abstract
  • The Big Three was a term used to refer to the three conglomerates with dominate the economy of Kalistan in all industries. They are Ananto Worldwide, Kalistani Saccharine, and Grand Enterprises. Together they accounted for slightly over 50% of all Kalistani business, as well as a large share of international business. They were dissolved in 2374, when all industry was nationalized, and have not since reformed. The existance of the Big Three was a major controversy in Kalistani economics. Many see having three companies controling a majority of Kalistani business as a threat to consumers and workers. The fact that all three companies own a massive share of Kalistani capital but are themselves owned by a precious few was also blamed for contributing to Kalistan's already great gap between rich and poor. The centralization of the economy is often cited as being a constant threat for collapse, price fixing, corruption, and trust forming. Others say that the centralization is one of the reasons why Kalistan, one of the smaller countries in Seleya, is also one of its wealthiest. Regardless, it was partly backlash against the corporate elite that led Kalistan to nationalize all industry for a short time, starting in 2374. When the economy was returned to a lassez-faire design in the National Divestment Auction of 2381, the Big Three did not reform.