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Forum Post: 1% of Companies Control 40% of the Global Economy

Posted 13 years ago on Oct. 20, 2011, 6:42 a.m. EST by occupyacrossamerica (7)
This content is user submitted and not an official statement

I'd like to direct your attention to this interesting study from Zurich:

http://www.newscientist.com/article/mg21228354.500-revealed--the-capitalist-network-that-runs-the-world.html

In brief: Research at the Swiss Federal Institute of Technology in Zurich has provided evidence that confirm the concerns of the 99% across the world. Complex Systems Theorists studied the connections between 43,000 transnational corporations and found that a disproportionate number have an immense amount of control over the global economy.

“Less than 1% of companies control 40% of wealth.“

That is, a “super-entity” of 147 interconnected companies control most of the world’s economy.

occupyacrossamerica.com

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[-] 1 points by thoreau42 (595) 13 years ago

Buy local