Dienstag, 25. Oktober 2011

< The Matrix has got you. >

New Scientist has written an article about a nice study from the ETH Zurich, that shows how interconnected the global capitalistic network we live in has become.

Small teaser from the paper, page 6:


In detail, nearly 4/10 of the control over the economic value of TNCs in the world is held, via a complicated web of ownership relations, by a group of 147 TNCs in the core, which has almost full control over itself. The top holders within the core can thus be thought of as an economic “super-entity” in the global network of corporations. A relevant additional fact at this point is that 3/4 of the core are financial intermediaries.


Here is the article:
http://www.newscientist.com/article/mg21228354.500-revealed--the-capitalist-network-that-runs-the-world.html

and the study itself:
http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf

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