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IPFS News Link • Economy - International

The Global Elite Have Far More Control Over Us Than Most People Would Dare To Imagine

• by Michael Snyder

Those at the very, very top of the pyramid dictate the rules of the game for the rest of us, and there isn't too much that the rest of us can do about it.  When we talk about how the global elite dominate our lives, the focus tends to be on how they influence national governments, but the truth is that is one of the areas where the global elite have the least control.  I know that may sound strange, but I believe that things will become clearer by the end of this article.

I would submit that corporations are the primary vehicle that the elite use to control our lives.  In fact, many global corporations are now larger and more powerful than most national governments, and collectively the network of global corporations that dominates the planet is far larger and far more powerful than any single national government.

A number of years ago, a remarkable study was conducted that closely examined the interconnecting relationships of major corporations all over the world.  That study discovered that a network of 1,318 enormous companies dominated the global economy, and it also found that 147 colossal corporations at the core of that web formed a "super-entity" that controlled 40 percent of the entire network…

Each of the 1318 had ties to two or more other companies, and on average they were connected to 20. What's more, although they represented 20 per cent of global operating revenues, the 1318 appeared to collectively own through their shares the majority of the world's large blue chip and manufacturing firms – the "real" economy – representing a further 60 per cent of global revenues.


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