The 147 Corporations Controlling Most of the Global Economy 572
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Unknown Lamer
from the free-markets-for-the-rest-of-us dept.
from the free-markets-for-the-rest-of-us dept.
rubycodez writes "Researchers at the Swiss Federal Technology Institute in Zurich have identified a 'Capitalist Network' [PDF] of well-connected companies that control most of the global economy. They further identified the 147 'super-connected' companies that control forty percent or more of the global financial network. If one believes the mega-corporations have most governments of the west in their pockets, does this mean we have a global oligarchy?"
We still have more than 100? (Score:4, Funny)
And The Onion was sure they'd have all merged to just form one giant corporation by now:
http://www.theonion.com/articles/just-six-corporations-remain,551/ [theonion.com]
Global Olivearchy (Score:5, Funny)
Global olivearchy.
1% of Olive farmers control over 50% of the world's olives.