Network of Global Corporate Control: Difference between revisions
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Revision as of 03:26, 7 September 2012
* Article: The Network of Global Corporate Control by Vitali et. al.
URL = http://arxiv.org/pdf/1107.5728v1
Summary
"This paper finds, through extensive network analysis, that a small group of tightly intertwined financial institutions control the bow of the global financial system. It is in effect, the world's first super-organism. 147 trans-national companies that the global core that is owned by itself (3/4 of the ownership of firm's in this organism are owned by firms in the organism). This organism is beyond governments. If it is self serving (and this shouldn't be too hard to assume), it is the equivalent of a biological cancer that has metastasized." (http://globalguerrillas.typepad.com/globalguerrillas/2011/08/journal-global-financial-cancer.htm)