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on 25/9/16
Comparing Companies To Countries

Concentration Of Transnational Companies

In September 2011, an analysis of over 43,000 transnational corporations (TNCs) has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy. Of those companies,

There was a core of 1318 companies with interlocking ownership

The 1318 companies represents around 60 per cent of global revenues by collectively owning through their shares the majority of the world’s large blue chip and manufacturing firms — the “real” economy

An even tighter 147 (about 1%) of these were described as “super entities” that controlled 40 per cent of the total wealth in the network. 60% of all wealth is held by Western 1st World Powers, Russia, China and Japan