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Revealed – the 147 Companies That Run the World | Forbes & New Scientist

Revealed – the 147 Companies That Run the World  |  Forbes & New Scientist | On the Political Side | Scoop.it

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, ...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).

_________________________

"If connectedness clusters, so does wealth, ...money flows towards the most highly connected members." ~ Dan Braha of NECSI

_________________________

 

"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."

 

From the Forbes summary version of this post:

 

... the data set...excludes GSEs and privately-held companies and is dominated by banks, institutional investors and mutual funds that don’t always have much in the way of control over assets.

 

Forbes reader danogden ...commented: “…pension plans, corporate 401(k) plans and individual funds..manage trillions in assets ultimately belonging to individuals who are predominantly not in the “1%”. …

 

...“custodian banks” in the list — companies who hold the assets of asset managers to ensure timely processing of things ...do not own the assets, or even really control [them.] A better list would be the actual asset OWNERS, rather than the vendors who manage, house and clear said assets.”

 

 If connectedness clusters, so does wealth, says Dan Braha of NECSI: in similar models, money flows towards the most highly connected members. 

 

...The real question, says the Zurich team, is whether it can exert concerted political power. Driffill feels 147 is too many to sustain collusion. Braha suspects they will compete in the market but act together on common interests. Resisting changes to the network structure may be one such common interest.

 


 


Via Deb Nystrom, REVELN
Jim Allen, III's insight:

They didn't dig deep enough into who heads, runs, and holds most interest in these companies and the number will be closer to 12 families.

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Deb Nystrom, REVELN's curator insight, September 7, 2013 4:43 PM

Complexity science is a window to understanding nature as well as ourselves in a global system.  This article is blend of two, from the original New Scientist post from 2011, and from a Forbes summary that was listed on LinkedIn today, September 2013.  ~  Deb

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RE: You Can't Reason with a Liberal Mindset Lau...

RE: You Can't Reason with a Liberal Mindset Lau... | On the Political Side | Scoop.it
Jim Allen said: Wow! The Liberals at Facebook are cheap on the hypocritical side don't ya think?Quote: Hello Fellow Travelers,You Can't #Reason with a #Liberal #Mindset Without some #Laughing and ...
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Facebook Exec hiring unpaid interns?  Seriously?

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2014-04-02_1420_Trafficant.png (965x718 pixels)

2014-04-02_1420_Trafficant.png (965x718 pixels) | On the Political Side | Scoop.it
Jim Allen, III's insight:

This is something to look into friends.  CAP look it up.  https://www.youtube.com/watch?v=PcruyJTfnCQ#t=74

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Palin: Duck Dynasty Firing Endangers Free Speech

Palin: Duck Dynasty Firing Endangers Free Speech | On the Political Side | Scoop.it
"Intolerants" are "hatin'" on "Duck Dynasty" patriarch Phil Robertson, former Alaska Gov. Sarah Palin says, complaining that his suspension from his family's reality show is an attack on all Americans.

Via Dave Cottrell
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Dave Cottrell's curator insight, December 19, 2013 5:19 PM

"Silencing views one doesn’t agree with, rather than engaging them, is hardly open-minded."

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Duck Dynasty’s Phil Robertson Fired by A&E? - Eagle Rising

Duck Dynasty’s Phil Robertson Fired by A&E? - Eagle Rising | On the Political Side | Scoop.it
Duck Dynasty founder Phil Robertson has been placed on an "indefinite" hiatus for comments he made about homosexuality in a recent GQ article.

Via Dave Cottrell
Jim Allen, III's insight:

Not Right

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Dave Cottrell's curator insight, December 20, 2013 7:34 PM

I think A&E, in their desperate quest to be seen as champions of political correctness, have absolutely shot themselves in the foot. Christians have to take everything thrown at them, including outright vicious hatred, without complaint, but everyone else can scream all they want when they even THINK they've been slighted.  The comments made about Phil Robertson not being a true Christian because he has completely misinterpreted the Bible are being made by people who are either deliberately lying or woefully ignorant of what the Book really says.  

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RE: Dhimmocracy in America: Is thisThe Truth Ab...

RE: Dhimmocracy in America: Is thisThe Truth Ab... | On the Political Side | Scoop.it
Jim Allen said: Students Take Field Trip to Mosque, Receive KoranPosted in Top StoriesSep 17, 2013 Print This Post By Todd StarnesA Tennessee high school has decided to revise its field trip polic...
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What are your thoughts?

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Vice Guide to Syria: Ground Zero - Documentary - The Libertarian Republic

Vice Guide to Syria: Ground Zero - Documentary - The Libertarian Republic | On the Political Side | Scoop.it
Weekend Watching! Vice Magazine has had incredible success documenting poverty and disaster areas around the world.
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Americans’ 91% Opposition to Syrian War Insignificant to Technocrats

Americans’ 91% Opposition to Syrian War Insignificant to Technocrats | On the Political Side | Scoop.it
Julie Wilson | Rogue government moves toward war despite American's opposition.
Jim Allen, III's insight:

America is most likely going to war with Syria this week in what would be history’s most unpopular war yet. According to Reuters, Americans adamantly oppose Syrian intervention with only 9 percent believing Obama should attack the nation.

The poll reveals Americans would be more inclined to support the war if provided actual facts indicating Syrian President Bashar al-Assad did in fact use chemical weapons against his people.

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AntiRacist Hitler -Multiculturalism and Diversi...

AntiRacist Hitler -Multiculturalism and Diversi... | On the Political Side | Scoop.it
Jim Allen said: Multiculturalism and Diversity are Bad? Maybe? YESAnti-Racist Hitler?I read this comment on the news story attached and went to the video. I believe its right on track. How about...
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Multiculturalism and Diversity are Bad? Maybe? YES Please fill out the Poll


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Jane Fonda to veterans boycotting movie: 'Get a life'

Jane Fonda to veterans boycotting movie: 'Get a life' | On the Political Side | Scoop.it
Jane Fonda, the actress known as "Hanoi Jane" for her actions during the Vietnam War, has a simple message to veterans and others who are boycotting "The Butler
Jim Allen, III's insight:

I won't pay to see it.  I don't believe she was properly treated after her trip to Hanoi.  She should be ashamed to show her face.  While she was flirting with the commies my Dad was in the jungle getting shot at by the same folks she was fraternizing with.

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Mary Hannan's comment, August 23, 2013 7:50 PM
My sentiments exactly!
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RE: You Can't Reason with a Liberal Mindset Lau...

RE: You Can't Reason with a Liberal Mindset Lau... | On the Political Side | Scoop.it
Jim Allen said: How often have I said to you that when you have eliminated the impossible, whatever remains, however improbable, must be the truth? ~Sir Arthur Conan Doyle5 Ways The Matrix Feeds Y...
Jim Allen, III's insight:

How often have I said to you that when you have eliminated the impossible, whatever remains, however improbable, must be the truth? ~Sir Arthur Conan Doyle

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Honor Murder: Muslim sets his daughter on fire, kills her for her Facebook relationships - Atlas Shrugs

Honor Murder: Muslim sets his daughter on fire, kills her for her Facebook relationships - Atlas Shrugs | On the Political Side | Scoop.it
Despite the savagery and abject inhumanity, the family's honor was preserved from the facebook scarlet letter. That's what's important, right? Obama say, "respect it!

Via #BBBundyBlog #NOMORELIES Tom Woods #Activist Award #Scoopiteer >20,000 Sources >250K Connections http://goo.gl/ruHO3Q, Mary Hannan
Jim Allen, III's insight:

This is not American it is a crime against humanity to do this to anyone much less your own daughter.  This has to be a mental illness and not a religion.

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Alison D. Gilbert's curator insight, August 15, 2013 4:40 PM

I am very confused by the title and comment that go with this image. Can someone explain it to me?

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What Everybody Ought to Know About Obamacare - The Foundry: Conservative Policy News Blog from The Heritage Foundation

What Everybody Ought to Know About Obamacare - The Foundry: Conservative Policy News Blog from The Heritage Foundation | On the Political Side | Scoop.it
Organizing for Action is wrong. Obamacare isn’t working, and it won’t ever work.
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RE: The Case Against Barack Hussein Obama

RE: The Case Against Barack Hussein Obama | On the Political Side | Scoop.it
Jim Allen said: DITTO...please read and share, this one is worth it!!!Give this teacher and true American a standing ovation.This 4th grade teacher has said it all, and she was brave enough to att...
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Everything is Open for Discussion - Let's Talk ...

Everything is Open for Discussion - Let's Talk ... | On the Political Side | Scoop.it
We all have opinions, occasionally we even have good ideas. So whatever you have a strong opinion on let us have a discussion. Please do not start new threads for an ad. They will be delete...
Jim Allen, III's insight:

You like open discussions?  Have an Opinion and want to voice it?  Feel free to do so here and also chime in on some of the conversations we have already started.  As always please share as we all all should get along.

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High court skeptical of presidents' appointment power

High court skeptical of presidents' appointment power | On the Political Side | Scoop.it
A majority of Supreme Court justices expressed grave doubts Monday about presidents' power to make appointments without Senate approval by claiming that lawmakers are in recess.
Jim Allen, III's insight:

In other words You Can't Do That Mr. President.

 

"You're latching on to the recess appointments clause as a way to combat that intransigence," said Chief Justice John Roberts, a nominee of President George W. Bush. The power of the president, he said, is intended to be used when the Senate is gone, not aggrieved.

"It really is the Senate's job to determine whether they're in recess or whether they're not," said Justice Elena Kagan, who was nominated by Obama

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The Robertson Family Official Statement | Duck Commander

The Robertson Family Official Statement | Duck Commander | On the Political Side | Scoop.it

Via Dave Cottrell
Jim Allen, III's insight:

Just getting the word out thanks to Dave Cottrell for being on top of the Scoops.

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Dave Cottrell's curator insight, December 20, 2013 8:32 PM

Here is the Robertson family official statement in regard to A&E firing Phil Robertson for his religious beliefs and constitutional right to freedom of thought and expression.

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Local Mobile Smart Search Is Here. Local Reps N...

Local Mobile Smart Search Is Here. Local Reps N... | On the Political Side | Scoop.it
Jim Allen said: Local Mobile Smart Search The results are staggering according to new studies especially in the “I need it now” categories where searching is not a real option when time is critical...
Jim Allen, III's insight:

I am looking to partner with Local Area Representatives and Clients in your area.  Call me or visit the site.  I am looking forward to hearing from you.

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Revealed – the 147 Companies That Run the World | Forbes & New Scientist

Revealed – the 147 Companies That Run the World  |  Forbes & New Scientist | On the Political Side | Scoop.it

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, ...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).

_________________________

"If connectedness clusters, so does wealth, ...money flows towards the most highly connected members." ~ Dan Braha of NECSI

_________________________

 

"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."

 

From the Forbes summary version of this post:

 

... the data set...excludes GSEs and privately-held companies and is dominated by banks, institutional investors and mutual funds that don’t always have much in the way of control over assets.

 

Forbes reader danogden ...commented: “…pension plans, corporate 401(k) plans and individual funds..manage trillions in assets ultimately belonging to individuals who are predominantly not in the “1%”. …

 

...“custodian banks” in the list — companies who hold the assets of asset managers to ensure timely processing of things ...do not own the assets, or even really control [them.] A better list would be the actual asset OWNERS, rather than the vendors who manage, house and clear said assets.”

 

 If connectedness clusters, so does wealth, says Dan Braha of NECSI: in similar models, money flows towards the most highly connected members. 

 

...The real question, says the Zurich team, is whether it can exert concerted political power. Driffill feels 147 is too many to sustain collusion. Braha suspects they will compete in the market but act together on common interests. Resisting changes to the network structure may be one such common interest.

 


 


Via Deb Nystrom, REVELN
Jim Allen, III's insight:

They didn't dig deep enough into who heads, runs, and holds most interest in these companies and the number will be closer to 12 families.

more...
Deb Nystrom, REVELN's curator insight, September 7, 2013 4:43 PM

Complexity science is a window to understanding nature as well as ourselves in a global system.  This article is blend of two, from the original New Scientist post from 2011, and from a Forbes summary that was listed on LinkedIn today, September 2013.  ~  Deb

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RE: MADE In the USA

RE: MADE In the USA | On the Political Side | Scoop.it
Jim Allen said: It was first a song of peace a fact many do not know but, do now. Quote:While the storm clouds gather far across the sea Let us swear allegiance to a land that’s free ...
Jim Allen, III's insight:

It was first a song of peace a fact many do not know but, do now.

 

Quote:

While the storm clouds gather far across the sea

 

Let us swear allegiance to a land that’s free

 

Let us be grateful that we’re far from there

 

As we raise our voices in a solemn prayer

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EconomicPolicyJournal.com: Hillary Clinton's 1969 Thesis on Saul Alinsky

EconomicPolicyJournal.com: Hillary Clinton's 1969 Thesis on Saul Alinsky | On the Political Side | Scoop.it
Hillary D. RodhamPolitical Science2 May, 1969So here I am, in the middle way, having had twenty years—Twenty years largely wasted, the years of l’entre deux guerres  Trying to learn to use words, and every attempt Is a wholly new start, and a different kind of failureBecause one has only learnt to get the better of words For the thing one no longer has to say, or the way in whichOne is no longer disposed to say it. And so each venture Is a new beginning, a raid on the inarticulateWith shabby equipment always deteriorating In the general mass of imprecision of feeling,Undisciplined squads of emotion. And what there is to conquer By strength and submission, has already been discovered Once or twice, or several times, by men whom one cannot hope To emulate–but there is no competition–There is only the fight to recover what has been lost And found and lost again and again: and now, under conditions That seem unpropitious. But perhaps neither gain nor loss For us, there is only the trying. The rest is not our business.  T.S. Eliot, “East Coker”
Jim Allen, III's insight:
Unfortunately people keep voting for these folks why?Hillary Clinton's 1969 Thesis on Saul Alinsky 
“THERE IS ONLY THE FIGHT…”An Analysis of the Alinsky ModelA thesis submitted in partial fulfillment of the requirements for the Bachelor of Arts degree under the Special Honors Program, Wellesley College, Wellesley, Massachusetts.
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Scientists Have Lost the Trust of the People - Eagle Rising

Scientists Have Lost the Trust of the People - Eagle Rising | On the Political Side | Scoop.it
Adam Frank complains about the popularity of creationism and “science denial,’ but he never uncovers the real reasons people don’t trust scientists anymore.
Jim Allen, III's insight:

The importance of the following statement expresses a generations distrust of authority because authority has been politisized as have other authority types.  They have obsfugated with greed and desire for power or fear of it either way the outcome will be the same.

John Mellencamp - Authority Song - Rock Hall of Fame

 https://www.youtube.com/watch?v=e1tSc0UNoVk

 

"We simply don’t believe authority figures anymore. When my generation considers corporations, politicians, and scientists, we think of how much we have been lied to in the past. And we won’t allow ourselves to be led down another blind alley. We don’t believe they have our best interests at heart.

Because, mostly, they don’t. For years, science has leeched off of the taxpayer rather than fuel itself by independent passions and private funds. This dependence on civil government funding (the politicization of science) has debilitated the scientific community’s neutrality. In order to get funding, scientists have been pressured to tow the line. They have done this enough in the past that we just decided to stop believing in the process. In our eyes, science became just another authoritarian power grab. And we aren’t having it."


Read more at http://eaglerising.com/1375/scientists-have-lost-the-trust-of-the-people/#wWbckx0LJ7yA7e6D.99 ;

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If They Come For Your Guns, Do You Have A Respo...

If They Come For Your Guns, Do You Have A Respo... | On the Political Side | Scoop.it
Jim Allen said: Dean Garrison has written a very fine article and I agree and support what he has written. If They Come For Your Guns, Do You Have A Responsibility To Fight?May 12, 2013 Enemies...
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Things Just Got Real Personal in Feud Between Bill O’Reilly and Al Sharpton | Video | TheBlaze.com

Things Just Got Real Personal in Feud Between Bill O’Reilly and Al Sharpton | Video | TheBlaze.com | On the Political Side | Scoop.it
Bill O'Reilly took his feud with Al Sharpton to the next level on Thursday, alleging that the so-called civil rights leader came to him and asked for money to benefit his broke Harlem charity a few years ago, a request that O'Reilly was happy to...
Jim Allen, III's insight:

"A few years ago, Sharpton told me that his charity in Harlem, N.Y., was out of money and that it could not provide Christmas presents and Christmas dinner to hundreds of poor people in Harlem,” O’Reilly explained. “So I gave Sharpton a $25,000 donation to prove the gifts and food."

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400 Missiles Stolen in Benghazi... 20,000 Missiles Stolen in Tripoli... 20,000 M-16s Stolen in Kuwait... How Are They Related?

400 Missiles Stolen in Benghazi... 20,000 Missiles Stolen in Tripoli... 20,000 M-16s Stolen in Kuwait... How Are They Related? | On the Political Side | Scoop.it
By now most have probably heard about the 400 surface-to-air missiles that were stolen in Benghazi. An attorney for the witnesses/whistleblowers came out in an interview with WMAL yesterday to drop...
Jim Allen, III's insight:
Jim Allen, III's insight:

Nothing to see or hear about here, just move along.  "What Difference does it make now?"  You covered it up with a lie about a video that's what difference it makes now Mrs. Clinton!

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New U.S. Ambassador to UN: U.S. Should Give Up a "Pinch of Sovereignty"

New U.S. Ambassador to UN: U.S. Should Give Up a "Pinch of Sovereignty" | On the Political Side | Scoop.it
The U.S. Senate voted 87-10 to confirm Samantha Power as the new U.S. ambassador to the UN. Power wrote that the United States should give up a "pinch of sovereignty" in exchange for safety. by Joe Wolverton II, J.D.
Jim Allen, III's insight:

However, very influential Americans, as well as foreign leaders, in politics, media, and academe, have been advocating — blatantly and openly, as well as indirectly — for transforming the United Nations system into a full-blown world government. What’s more, they have begun actual implementation. It is no longer hypothetical that the UN and its affiliated institutions will usurp legislative, executive, and judicial powers, including taxing, policing, and military powers. It has already begun; it is already happening. And it is happening with the acquiescence, approval, encouragement, and funding of globalists in our own government, both Republicans and Democrats

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