Densely-linked Cluster of 147 Companies Control 40% of World's Total Wealth

[Melki]

The network of global corporate control, a study published in PLOS One, analyzes the ownership structures of the world's corporations and finds a tightly-knit cluster of 147 entities control 40 percent of the world's wealth. Not only is this creepy inasmuch as it puts a lot of power into a small number of hands, but it also suggests that the governance of much of the world's wealth is closely correlated, so one disaster could sweep like wildfire across them all:

http://www.newscientist.com/article/m...

[[deleted user]]

Thanks for posting! It'll be interesting to see further scientific research into the subject.