Monday, November 12, 2012

Too Big To Fail Or Just Too Big?

This article is about an international study done before the crash about the concentration of economic power and wealth in the hands of a small number of corporations.  Worldwide, 1318 companies control 80% of global revenues.  But they are so interconnected that only 147 companies control 40% of total wealth.  Is this "market discipline" or " market terrorism"?  Listed here are leading companies in the United States.  You could have guessed them.

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