ELITISM
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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.
Densely-linked cluster of 147 companies control 40% of world’s total wealth – Boing Boing
The Second Gilded Age: Has America Become an Oligarchy? - SPIEGEL ONLINE - News - International
At first, the outraged members of the Occupy Wall Street movement in New York were mainly met with ridicule. They didn't seem to stand a chance and were judged incapable of going up against their adversaries, Wall Street's bankers and financial managers, either intellectually or in terms of economic knowledge. "We are the 99 percent," is the continuing chant of the protestors, who are now in their seventh week of marching through the streets of Manhattan.
IT’S a puzzle: one dispossessed group after another — blacks, women, Hispanics and gays — has been gradually accepted in the United States, granted equal rights and brought into the mainstream.
Social Inequality and the New Elite
AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters' worst fears.