22 Oct 2011

Revealed – the capitalist network that runs the world -- New Scientist

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Network analysis suggests a hard core of 1318 corporations, most of them banks, lie at the heart of the international capitalist system, according to research written up in the New Scientist. On one level there's no surprise there. Finance is the glue that allows specialisation and trading on an international level. So the fact that banks dominate is unsurprising. But it's the degree of concentration. How do you work out whether that's appropriate?