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thinkahol *

Study shows that one 'super-corporation' pulls the strings of the global economy | Mail... - 0 views

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    A University of Zurich study 'proves' that a small group of companies - mainly banks - wields huge power over the global economy.

    The study is the first to look at all 43,060 transnational corporations and the web of ownership between them - and created a 'map' of 1,318 companies at the heart of the global economy.

    The study found that 147 companies formed a 'super entity' within this, controlling 40 per cent of its  wealth. All own part or all of one another. Most are banks - the top 20 includes Barclays and Goldman Sachs. But the close connections mean that the network could be vulnerable to collapse
thinkahol *

Is this the end of American economic dominance? - U.S. Economy - Salon.com - 0 views

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    With top corporations expecting another year of record profits, economists offer a pessimistic vision of America
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