Anonymous Coward User ID: 1290311 United States 10/20/2011 08:26 AM Report Abusive Post Report Copyright Violation | Math/Science Modeling Reveals... The capitalist network that runs the world!!! Shin this pit! [ link to www.newscientist.com] Ok, we already sort of knew this, but nice to see math and science used to show it. And this is why things will never ever change unless something revolutionary happens. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.
"Reality is so complex, we must move away from dogma, whether it's conspiracy theories or free-market," says James Glattfelder. "Our analysis is reality-based."
When the team further untangled the web of ownership, it found much of it tracked back to a "super-entity" of 147 even more tightly knit companies - all of their ownership was held by other members of the super-entity - that controlled 40 per cent of the total wealth in the network. "In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network," says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group. |
Anonymous Coward (OP) User ID: 1290311 United States 10/20/2011 08:41 AM Report Abusive Post Report Copyright Violation | Re: Math/Science Modeling Reveals... The capitalist network that runs the world!!! Shin this pit! Seriously, EVERY politician who has a chance to win (win being the key) national scale elections (in every meaningful country) will be in the back pocket of these corporations. It's just the way it is. |
TransientAPO
User ID: 1339857 Japan 10/20/2011 03:06 PM Report Abusive Post Report Copyright Violation | Re: Math/Science Modeling Reveals... The capitalist network that runs the world!!! Shin this pit! Great post, OP! I'd pin it if I could. This should prerequisite reading for the OWS'ers that can't manage any articulate responses as to why they are so angry! Hope fully you'll pick up a pin! I read it at: (great blog) [ link to azizonomics.com] ...like a splinter in your mind |
Anonymous Coward User ID: 2319293 United States 10/20/2011 03:08 PM Report Abusive Post Report Copyright Violation | Re: Math/Science Modeling Reveals... The capitalist network that runs the world!!! Shin this pit! this was posted yesterday |
arosebyanyothername
User ID: 3623572 United States 10/20/2011 03:33 PM Report Abusive Post Report Copyright Violation | Re: Math/Science Modeling Reveals... The capitalist network that runs the world!!! Shin this pit! Only one thing wrong with this article........the title.
Revealed – the fascist network that runs the world
There is no way in hell this can be considered capitalism.
More misleading 'newspeak' terminology. |
dschis1000
User ID: 658956 United States 10/21/2011 07:52 PM Report Abusive Post Report Copyright Violation | Re: Math/Science Modeling Reveals... The capitalist network that runs the world!!! Shin this pit! Only one thing wrong with this article........the title.
Revealed – the fascist network that runs the world
There is no way in hell this can be considered capitalism.
More misleading 'newspeak' terminology.
Quoting: arosebyanyothername I heard you. I think there is a lot more to that rabbit hole. |
dschis1000
User ID: 658956 United States 10/21/2011 07:54 PM Report Abusive Post Report Copyright Violation | Re: Math/Science Modeling Reveals... The capitalist network that runs the world!!! Shin this pit!
Only one thing wrong with this article........the title.
Revealed – the fascist network that runs the world
There is no way in hell this can be considered capitalism.
More misleading 'newspeak' terminology.
Quoting: arosebyanyothername I heard you. I think there is a lot more to that rabbit hole. Quoting: dschis1000 Trin, if you don't mind I'd like to email this to a senator. Not that it will do much good, but at least I tried |