PLEASE SHARE THIS ONE EASTSIDE, WESTSIDE AND ALL ABOUT THE TOWN!

A science publication, of all things, NewScientist, published this enlightening article on the CAPITALIST NETWORK THAT RUNS THE WORLD.

I found this article through Facebook Friend, David Brin. A quick perusal of his CV should be enough to impress one that he is not a loopy crackpot.

Basically, this article highlights a scientific analysis of 43,000 transnational companies. It seems that a nucleus of 147 of them are so powerfully superconnected, they in turn drive the interconnected core of 1,318 companies that are setting global social and economic policies.

Here is the top 50 of the 147 “superconnected” companies:

1. Barclays plc
2. Capital Group Companies Inc
3. FMR Corporation
4. AXA
5. State Street Corporation
6. JP Morgan Chase & Co
7. Legal & General Group plc
8. Vanguard Group Inc
9. UBS AG
10. Merrill Lynch & Co Inc
11. Wellington Management Co LLP
12. Deutsche Bank AG
13. Franklin Resources Inc
14. Credit Suisse Group
15. Walton Enterprises LLC
16. Bank of New York Mellon Corp
17. Natixis
18. Goldman Sachs Group Inc
19. T Rowe Price Group Inc
20. Legg Mason Inc
21. Morgan Stanley
22. Mitsubishi UFJ Financial Group Inc
23. Northern Trust Corporation
24. Société Générale
25. Bank of America Corporation
26. Lloyds TSB Group plc
27. Invesco plc
28. Allianz SE 29. TIAA
30. Old Mutual Public Limited Company
31. Aviva plc
32. Schroders plc
33. Dodge & Cox
34. Lehman Brothers Holdings Inc*
35. Sun Life Financial Inc
36. Standard Life plc
37. CNCE
38. Nomura Holdings Inc
39. The Depository Trust Company
40. Massachusetts Mutual Life Insurance
41. ING Groep NV
42. Brandes Investment Partners LP
43. Unicredito Italiano SPA
44. Deposit Insurance Corporation of Japan
45. Vereniging Aegon
46. BNP Paribas
47. Affiliated Managers Group Inc
48. Resona Holdings Inc
49. Capital Group International Inc
50. China Petrochemical Group Company

* Lehman still existed in the 2007 dataset used

What does this mean to us? It means that the claim of 1% ruling us of Occupy Wall Street protestors is grounded in logic and fact.

Period.

Time to get even busier, hons!

I.B. Crabby

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Tell Mrs. Crabby all!