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Forum Post: The Four Companies That Control the 147 Companies That Own Everything!!!

Posted 12 years ago on Dec. 25, 2011, 10:59 p.m. EST by Scout (729)
This content is user submitted and not an official statement

these are the seeds of the future that we used to see in science fiction movies where the world was dominated by one or two mega corporations

http://www.forbes.com/sites/brendancoffey/2011/10/26/the-four-companies-that-control-the-147-companies-that-own-everything/

15 Comments

15 Comments


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[-] 1 points by brightonsage (4494) 12 years ago

I believe this was based on work on complex systems by a Swiss think tank. I corresponded with them. They did the original exercise to test their mathematical model and to apply it to a case that most people could understand. Don't think they anticipated the attention that it would get when they published their results.

[-] 1 points by TechJunkie (3029) from Miami Beach, FL 12 years ago

I don't think that you've uncovered the Illuminati here.

[-] 1 points by Scout (729) 12 years ago

why does it have to be the Illuminati ? It is still socially undesirable to have all the wealth concentrated in such few hands it doesn't matter what you call them.

[-] 0 points by justhefacts (1275) 12 years ago

Death is socially undesirable no matter what you call it. What's your point?

[-] 0 points by Scout (729) 12 years ago

OWS can't do anything about dying eventually but they can stop these Zionist scumbags controlling the global economy if enough people make the effort

[-] 1 points by TechJunkie (3029) from Miami Beach, FL 12 years ago

Zionist scumbags. Wow. I guess that I should have seen that one coming.

Did you read the article? You get that by "control" the article was talking about indexing algorithms performed mostly by computers? Do Jews secretly control all of the computers too?

[-] 0 points by Scout (729) 12 years ago

does being dumb come naturally to you? The cancer in the system is political control of the money

[-] 1 points by TechJunkie (3029) from Miami Beach, FL 12 years ago

If you had anything useful to say then you wouldn't need to resort to trollish ad-hominem attacks. It's very hypocritical for so many Occupiers to refer to me as a "troll" when your behavior is pretty much par for the course.

Did you even read the article? There is not much "political control of the money" going on when the computers do indexing. Even the author of the article admitted that the influence of the people designing the indices is pretty marginal. His example was a company that was #502 getting bumped into the S&P 500. So we're talking about 0.2% of the S&P 500.

[-] 0 points by justhefacts (1275) 12 years ago

Perhaps they should start by PROVING that "zionist scumbags" are "controlling the global economy" to the majority of American citizens who believe in innocent until proven guilty.

Hint-screaming, yelling, endless rhetoric, camping out, being incredibly annoying does not prove it. Quoting endless statistics and facts-that no one can refute while pretending that the argument and conclusion they arrive at is not completely ridiculous and illogical doesn't fool anyone either. It also does not prove what OWS keeps demanding that it proves.

[-] 0 points by Scout (729) 12 years ago

well if they removed all the layers of secrecy we could start with the US Federal reserve which the Zionists do control! abolish the Federal reserve and end fractional reserve banking!

[-] 0 points by Thrasymaque (-2138) 12 years ago

Nothing but a junk article.

"the chief of hedge funds at a very large asset manager told me last week (alas, I cannot identify either) that an internal study his firm recently performed found that the vast majority of mutual funds defined as actively managed see 95% of the assets they hold determined by an index."

Essentially, the whole "story" is based on an untitled internal study from an unnamed company which was made aware to the author by an unnamed chief of hedge funs. A whole lot of nothing.

[-] 0 points by Scout (729) 12 years ago

" A whole lot of nothing. " your opinion only

[-] 0 points by Thrasymaque (-2138) 12 years ago

The opinion of anyone who cares for the scientific method. If the author cannot provide sources for his claims, nothing can be verified and we can only believe him on his words. It thus becomes nothing more than blind faith on our part.

If you are satisfied in this type of reporting, then so be it. I demand a more rigorous research, and I demand that authors provide evidence and their sources so others can check them.