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Who Runs the World ? – Network Analysis Reveals ‘Super Entity’ of Global Corporate Control

Who Runs the World ? – Network Analysis Reveals ‘Super Entity’ of Global Corporate Control
Business Published on August 28th, 2011 | by Michael Ricciardi In the first such analysis ever conducted, Swiss economic researchers have conducted a global network analysis of the most powerful transnational corporations (TNCs). Their results have revealed a core of 737 firms with control of 80% of this network, and a “super entity” comprised of 147 corporations that have a controlling interest in 40% of the network’s TNCs. Strongly Connected Component (SCC); layout of the SCC (1318 nodes and 12,191 links). Node size scales logarithmically with operation revenue, node color with network control (from yellow to red). [Note to the reader: see the very end of this article for a ranking of the top 50 'control holders'] But now we have the results of a global network analysis (Vitali, Glattfelder, Battiston) that, for the first time, lays bare the “architecture” of the global ownership network. What was needed, assert the researchers, was a complex network analysis. and End Notes:

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