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Businesses

Submission + - Revealed – the capitalist network that runs (newscientist.com)

webhat writes: "New Scientist is running an article that scientists have discovered the capitalist network that runs the world . 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 and protesters elsewhere (see photo). 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 — a core of 1318 companies with interlocking ownerships."

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