Revealed – the capitalist network that runs the world
Andy Coghlan and Debora MacKenzie - 24 October 2011
AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters’ worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.
The study’s assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.
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 (see photo). 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.”
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February 5th, 2012 at 5:10 pm
I’m very interested in the partial chart you show in this article of the circles of influence and power within the capitalist network. I found the original scientific paper by Glattfelder, but this chart is not in that paper. Extensive searching via Google image search does not reveal the source of your chart. I’d love to see the entire chart, can you tell me where a larger, complete image can be found?
Thanks!
February 14th, 2012 at 8:53 pm
@gary , as you will see gettin a bigger image would do nothin as iths an incomplete chart. Theres no arrow’s to the left. u think this shit hole would tell u where the power is?
February 14th, 2012 at 8:54 pm
right a mean
February 14th, 2012 at 9:30 pm
It’s actually way more than just a picture. Check it out:
http://bureaudetudes.org/wp-content/uploads/2010/01/wordlgov2005.pdf
More here too:
http://bureaudetudes.org/wp-content/uploads/2010/01/?C=S;O=D
February 14th, 2012 at 9:31 pm
I had saved it from before on my pc, and just cropped a part of it for the story.