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Revealed – the capitalist network that runs the world

26 Oct

Thanks to Holly for this …

Not that this comes as any great surprise to anyone:

AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters’ worst fears. 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.

The study’s assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.

read the full article here Revealed – the capitalist network that runs the world!

The 1318 transnational corporations that form the core of the economy. Superconnected companies are red, very connected companies are yellow. The size of the dot represents revenue

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Posted by on October 26, 2011 in Economy

 

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