[Google translation of German article]
Bankers apparently actually dominate the world. What we suspected for a long time, researchers in Switzerland have finally confirmed: In a scientific study showed that a small elite controls the entire world economy. Well something like that!
Of the Freemasons of the Council on Foreign Relations (CFR), to the Bilderbergers: What are many bloggers, independent journalists, filmmakers and authors writing for several years, desperate fingers bled, was now by a recent study by the Swiss Institute of Technology in Zurich confirms. The fact that the demonstrators "Occupy" movement is described as 99% while not as obviously wrong: From a database containing the 2007, the data on 37 million companies and investors around the globe have, researchers at 43 000 transnational corporations and their share ownership focused. The analysis showed clearly that within this group of 1,318 companies linked so closely together that they make up about 60 percent of global sales.
Within this very elite group of companies, there is still an elite, a so-called "super-unit" of 147 companies, which controls around 40% of the entire network. "In fact, less than one percent of the company is able to control 40 percent of the entire network," said James Glattfelder, one of the researchers of the study, on which the New Scientist reported. Included are, of course, again the usual suspects. And & the Bank of America Corporation, Morgan Stanley, Goldman Sachs Group Inc., Merrill Lynch & Co Inc and JP Morgan Chase Co are even in the top 25 within the "super unit".
The reality is so complex that one must get away from the call to such circumstances as a "conspiracy theory" as Glattfelder added. "Our analysis is the reality."
The study builds on earlier economic theories, which also was detected in that wealth is concentrated systematically on individual parts of the population. Thus, the Italian economist Vilfredo Pareto in 1906 had found that in Italy some 20 percent of the population controlled 80 percent of the country. This study became known as the Pareto principle. Pareto also found out that in spite of different conditions in the country, the distribution of wealth remains always the same. Conclusion: Natural resources, independent of human performance, tends to accumulate to put on some, rather than being evenly distributed. Politicians and parties have therefore only the function, you sell it to the stupid foot soldiers humanely.
The top 50 "Super Unit", disclosed in Alles Schall und Rauch blog:
[see the original ETH paper in English]
Bankers apparently actually dominate the world. What we suspected for a long time, researchers in Switzerland have finally confirmed: In a scientific study showed that a small elite controls the entire world economy. Well something like that!
Of the Freemasons of the Council on Foreign Relations (CFR), to the Bilderbergers: What are many bloggers, independent journalists, filmmakers and authors writing for several years, desperate fingers bled, was now by a recent study by the Swiss Institute of Technology in Zurich confirms. The fact that the demonstrators "Occupy" movement is described as 99% while not as obviously wrong: From a database containing the 2007, the data on 37 million companies and investors around the globe have, researchers at 43 000 transnational corporations and their share ownership focused. The analysis showed clearly that within this group of 1,318 companies linked so closely together that they make up about 60 percent of global sales.
Within this very elite group of companies, there is still an elite, a so-called "super-unit" of 147 companies, which controls around 40% of the entire network. "In fact, less than one percent of the company is able to control 40 percent of the entire network," said James Glattfelder, one of the researchers of the study, on which the New Scientist reported. Included are, of course, again the usual suspects. And & the Bank of America Corporation, Morgan Stanley, Goldman Sachs Group Inc., Merrill Lynch & Co Inc and JP Morgan Chase Co are even in the top 25 within the "super unit".
The reality is so complex that one must get away from the call to such circumstances as a "conspiracy theory" as Glattfelder added. "Our analysis is the reality."
The study builds on earlier economic theories, which also was detected in that wealth is concentrated systematically on individual parts of the population. Thus, the Italian economist Vilfredo Pareto in 1906 had found that in Italy some 20 percent of the population controlled 80 percent of the country. This study became known as the Pareto principle. Pareto also found out that in spite of different conditions in the country, the distribution of wealth remains always the same. Conclusion: Natural resources, independent of human performance, tends to accumulate to put on some, rather than being evenly distributed. Politicians and parties have therefore only the function, you sell it to the stupid foot soldiers humanely.
The top 50 "Super Unit", disclosed in Alles Schall und Rauch blog:
- Barclays plc
- Capital Group Companies Inc
- FMR Corporation
- AXA
- State Street Corporation
- JP Morgan Chase & Co
- Legal & General Group plc
- Vanguard Group Inc
- UBS AG
- Merrill Lynch & Co Inc
- Wellington Management Co LLP
- Deutsche Bank AG
- Franklin Resources Inc
- Credit Suisse Group
- Walton Enterprises LLC
- Bank of New York Mellon Corp.
- Natixis
- Goldman Sachs Group Inc
- T Rowe Price Group Inc
- Legg Mason Inc
- Morgan Stanley
- Mitsubishi UFJ Financial Group Inc
- Northern Trust Corporation
- Société Générale
- Bank of America Corporation
- Lloyds TSB Group plc
- Invesco plc
- Allianz SE
- TIAA
- Old Mutual Public Limited Company,
- Aviva plc
- Schroders plc
- Dodge & Cox
- Lehman Brothers Holdings Inc
- Sun Life Financial Inc
- Standard Life plc
- CNCE
- Nomura Holdings Inc
- The Depository Trust Company
- Massachusetts Mutual Life Insurance
- ING Groep NV
- Brandes Investment Partners LP
- UniCredito Italiano SpA
- Deposit Insurance Corporation of Japan
- Vereniging Aegon
- BNP Paribas
- Affiliated Managers Group Inc
- Resona Holdings Inc
- Capital Group International Inc
- China Petrochemical Group Company
[see the original ETH paper in English]