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Thursday, October 27, 2011

Zeitgeist and The Real Deal: 147 TNCs in the core


"The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national samples were studied and there was no appropriate methodology to assess control globally. We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player. We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers."

"This means that network control is much more unequally distributed than wealth. In particular, the top ranked actors hold a control ten times bigger than what could be expected based on their wealth"

arXiv

I just watched Zeitgeist the movie. I believe that scapegoating is a symptom of bad times, really bad times. I remember Adolf Hitler, and the loonies around him, in my mind, he was not that much different from the Tripoli Rat and his honchos, who ended up, not killing himself like Hitler, but with a pipe up his ass.

Never again should a whole people be held responsible for the evils of society, neither then, nor now, the guilty party is just a small group of people, not the Mexicans, not the Jews.

On the other hand, it is perfectly within the reach of my imagination to understand the point of this important article: A small group of us, was given too much power and they are wreaking the ship. They have to be stopped: Occupy Wall Street!

147 TNCs in the core. Less than 200 TransNational Corporations CONTROL the world.

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