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Most titans such as GM beat the production sector by going into services and fiscalization. With fiscalization poisoning economies, the production of goods as community identity and value is dead. Companies that produced goods are simply no longer an integral part of the local social fabric. It's an optional. That involves dealing with messy humans, their present and future needs, as well as investing in long term projects. Why bother when a company can be made, broken, dismembered in seconds by economic rape and plunder?
The elites no longer have a nation nor a loyalty, and they possess and move a mass of funny money many times over the effective annual world production. With the crises, they've never had it so good: land, rents, strategic resources, state capture. Production of material goods and their placement is just one issue from their point of view.
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