Posts Tagged ‘oligarchy’

Corporatist Network Exposed – How the 1% Rule

Monday, October 24th, 2011

The 99% of the world who’ve been getting the shaft by today’s system now have a definitive target on which to set their sights, thanks to a team of Swiss mathematicians.

An analysis of the relationships between 43,000 transnational corporations has revealed that a relatively small group of companies, mainly banks, control a disproportionate power over the global economy.

The team found that a core of 737 companies (mostly financial services companies) control almost 80% of the global economy. See #occupy haters? The world is controlled by just a few corporations!

To get a better understanding of what this corporatist network can look like, check out the excellent visualization tools available at theyrule.net. There you can delve into the US’s ruling class and explore the inner workings of the American oligarchy.

One of the criticisms of the Occupy movement is that most of the protesters who are speaking out against corporations are clearly consumers of corporate products themselves.

But the issue shouldn’t be about whether or not we need corporations. Instead, the discussion should be what kind of relationship with corporations do we want to have?

In the not so distant future, we won’t be so dependent on corporations like we are today. We’ll have the means to produce our own energy with residential renewable solutions. We’ll be able to grow our own food in automated greenhouses. And we’ll manufacture whatever products we need with our very own 3D printers.

Yet, until this day arrives, we will need corporations around to provide us with the stuff we need to live. We can’t simply get rid of them without devastating consequences. But that doesn’t mean we have to endure the tyranny of corporatism.

Instead, we can hold these international businesses accountable to the people. Treat corporations like part of the public commons. Make these big businesses a shared resource, necessary for our world to function, but kept on a very tight leash for our security.

Now that the face of our foe has been exposed, there’s nothing left to do but declare all out war. It’s time to take the power back and usher in a more just civilization for everyone, not just the lucky ones.