James Glattfelder studies complexity: how an interconnected system -- say, a swarm of birds -- is more than the sum of its parts. And complexity theory, it turns out, can reveal a lot about how the economy works. Glattfelder shares a groundbreaking study of how control flows through the global economy, and how concentration of power in the hands of a shockingly small number leaves us all vulnerable. (Filmed at TEDxZurich.)
Via Sakis Koukouvis
Via Sakis Koukouvis
0,024% of TransNational Corporations (146 of them) control 40% of all TNC's value. "Too connected to fail"? The science of Complexity may help us understand how this emerging system works and where this leads us.