MrRodgers
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Joined: 7/30/2005
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Objectively, no one can say with absolute certainty but the idea here is to narrow it down rather than charge any groups of any real size. Too big in number to concentrate efforts. These interests (executives) are those that can and do meet to discuss their mutual needs and goals much of which is govt. policy and even laws.
These narrow interests carry real power and have great influence over politics, policy and law. Read all of this and you'll see how we get here. They collectively have the power to shape govt, policy and enact or rescind beneficial law. Countless Billion$ in free speech to throw around.
This isn't just a shot in the dark at big interests that are the subjects of documentary or some grand conspiracy. This is using the science of complex system theory. This scientific process sheds light on the dark corners of bank control and international finance and pulls some of the major players out from the shadows.
So accordingly, Systems theorist James B. Glattfelder did just that and from a massive database of 37 million companies. So out of that, Glattfelder pulled 43,060 transnational corporations (companies that operate in more than one country) that are all connected by their shareholders. (that's 43,000 companies that have significant crossover stock ownership, still much too large of a group to be dispositive)
But digging further, he constructed a model that actually displays just how connected these companies are to one another through ownership of shares and their corresponding operating revenues. (let the numbers tell a story)
Still father to go though so, at 1318, we find the number of companies who form the supply for the demand in the world's core economy. Now we are getting somewhere.
Each of the 1318 had ties to two or more other companies, and on average they were connected to 20.
What's more, although they represented 20 per cent of global operating revenues, the 1318 appeared to collectively own through their shares the majority of the world's large blue chip and manufacturing firms the "real" economy representing a further 60 per cent of global revenues.
Further untangling the web of ownership, what's found is that 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.
So just what do we find now ? Are you all thinking what I am thinking ? We are down to the last 147 companies in the world, controlling what ? That's the idea here. It isn't just ownership as much as it is cross-ownership. (i.e., a sharing of direct financial interests and goals) What power do they really have ? Some of course within certain industries but still to attenuated for real power.
Our question is who really controls the world ?
According to his data, Glattfelder found that the top 730 shareholders control a whopping 80% of the entire revenue of transnational corporations.
As has been as recent 2008-9 LIBOR was fixed. (London Interbank Offering Rate) It is the benchmark rate in the world for international lending.
These big bankers can almost dictate fed rates, get bailed out, have political power to prevent any banker from going to jail, and have govt. concentrate on restoring the value of equities. (paper)
Too much power in too few hands. These top 10 are who really controls the world.
Ask yourself what was the most successful yet costliest govt. action to prevent an even greater disaster and for more than 1/2 of the world in the last 100 years ?
Ask yourself the real values of society when the answer must be TARP (Troubled Asset Relief Program)
And surprise, surprise! They are mostly financial institutions in the United States and the United Kingdom.
That is a huge amount of concentrated control in a small number of hands.....
Here are the top ten transnational companies that hold the most control over the global economy (and if you are one of the millions that are convinced Big Banks run the world, you should get a creeping sense of validation from this list):
1) Barclays plc
2) Capital Group Companies Inc.
3) FMR Corporation
4) AXA
5) State Street Corporation
6) JPMorgan Chase & Co.
7) Legal & General Group plc
8) Vanguard Group Inc.
9) UBS AG
10) Merrill Lynch & Co Inc.
Some of the other usual suspects round out the top 25, including JP Morgan, UBS, Credit Suisse, and Goldman Sachs.
What you won't find are ExxonMobil, Microsoft, or General Electric, not all that surprised, big companies but not top 10 in shareholder control. In fact, you have to scroll all the way down to China Petrochemical Group Company at number 50 to find a company that actually creates something.
The top 49 corporations are financial institutions, banks, and insurance companies with the exception of Wal-Mart, which ranks at number 15. The rest essentially just push money around...to one another.
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You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great
Under capitalism, man exploits man. Under communism, it's just the opposite.
J K Galbraith
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Who REALLY Controls the World ? - 
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