Well, my statement is based on what the actual US law is (CEO's are required by <i>law</i> to increase share holder value) and actual experience working at large companies.  Large companies are inherently <i>inefficient</i>, not more efficient.  There are inefficiencies everywhere and "cost cutting" measures usually don't have any useful effect.<p>Your theory, like communism, etc., sounds good on paper but I've never seen it work as described.