2012-05-04
post/22369019659
“The 1318 transnational corporations that form the core of the economy. Superconnected companies are red, very connected companies are yellow. The size of the dot represents revenue”, from an article in New Scientist reporting on a paper by Stefania Vitali, James B. Glattfelder, and Stefano Battiston, The network of global corporate control:
When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies - all of their ownership was held by other members of the super-entity - that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.
2011-02-24
post/3488993401
Tom Armitage: Totems and City Avatars.
Even thought my bike hire key is just useless dead weight here, I do the same.
