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October 23, 2011 02:07 am PDT

Densely-linked cluster of 147 companies control 40% of world's total wealth

The network of global corporate control (PDF), a study published in PLOS One, analyzes the ownership structures of the world's corporations and finds a tightly-knit cluster of 147 entities control 40 percent of the world's wealth. Not only is this creepy inasmuch as it puts a lot of power into a small number of hands, [...]


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