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The 147 Corporations Controlling Most of the Global Economy

Posted by Unknown on 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?"

2 of 572 comments (clear)

  1. We still have more than 100? by oneiros27 · · Score: 3, 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/

    --
    Build it, and they will come^Hplain.
  2. Global Olivearchy by Oswald+McWeany · · Score: 4, Funny

    Global olivearchy.

    1% of Olive farmers control over 50% of the world's olives.

    --
    "That's the way to do it" - Punch