Revealed - the capitalist network that runs the world

New Scientist | Oct. 19, 2011 (Special Report)

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 ... Full Story »

Posted by Dwight Rousu - via Mark Pegrum (t), Jon Mitchell (t)

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Subjects: Business, Sci/Tech, Living
Topics: Finance, Money
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# Diggs: 2 (as of 2011-10-19)
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Posted by: Posted by Dwight Rousu - Oct 19, 2011 - 5:30 PM PDT
Reviewed by: Dwight Rousu (review), Paul-André Raymond (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Dwight Rousu - Oct 20, 2011 - 12:04 PM PDT

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Paul-André Raymond
3.9
 by Paul-André Raymond - Oct. 30, 2011

Very interesting research topic. Reading the article certainly made me feel like reading the research. I liked the fact that the article made it clear that it is very hard to articulare conculsions from the facts that are presented in the article.However it certainly enlightens my understanding of the economic powers that have so much influence on our life.

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Dwight Rousu
4.5
 by Dwight Rousu - Oct. 21, 2011

Good initiative at quantifying wealth ownership in networks.

The wealth ownership connection seems pretty clear. The article defers a bit to critics about how much ownership includes control. That question may be fleshed out by looking elsewhere at political contributions and control, and maybe even military control that these wealth owners have actually exercised. Financing and owning corrupt third world dictators and their granting of rights to resources might be a fertile area.

Dwight posted this story.
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  • (the study itself) Pending

    Unknown Source | Oct. 20, 2011
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