Revealed – the capitalist network that runs the world – New Scientist
The idea that a few bankers control a large chunk of the global economy might not seem like news to New York’s Occupy Wall Street movement and protesters elsewhere. But the study, by a trio of complex systems theorists at the Swiss Federal Institute of Technology in Zurich, is the first to go beyond ideology to empirically identify such a network of power. It combines the mathematics long used to model natural systems with comprehensive corporate data to map ownership among the world’s transnational corporations (TNCs).
“Reality is so complex, we must move away from dogma, whether it’s conspiracy theories or free-market,” says James Glattfelder. “Our analysis is reality-based.
The People at the heart of the Meltdown
*That’s a nice list, but I think the British are flattering themselves here. Britain’s not a global economic heart any more, so its financial practitioners are more in the aorta, the liver or maybe even the kidneys of the Meltdown.
(Via Beyond the Beyond)