The Capitalist Core: 1380 Corporations

[georgephillip]

"The 1318 transnational corporations that form the core of the economy. Superconnected companies are red, very connected companies are yellow. The size of the dot represents revenue (Image: PLoS One)"

37 million companies and investors around the globe.

43,060 TNCs and the share ownerships linking them..."revealed a core of 1318 companies with interlocking ownerships (see image). Each of the 1318 had ties to two or more other companies, and on average they were connected to 20.

"What's more, although they represented 20 per cent of global operating revenues, the 1318 appeared to collectively own through their shares the majority of the world's large blue chip and manufacturing firms - the 'real' economy - representing a further 60 per cent of global revenues."

Reality is so complex.

Revealed the capitalist network that runs the world - physics-math - 19 October 2011 - New Scientist

 

[georgephillip]

"AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters' worst fears.

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

"The study's assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy.

"Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable."

Revealed the capitalist network that runs the world - physics-math - 19 October 2011 - New Scientist

 

[Mr. H.]

The power of banks over the global economy isn't necessarily a bad thing. Yet, folks will find a reason to bitch and moan.

 

[georgephillip]

The power of banks over the global economy isn't necessarily a bad thing. Yet, folks will find a reason to bitch and moan.

Exactly.
All that bitching and moaning in 2008 was so depressing.
"Concentration of power is not good or bad in itself, says the Zurich team, but the core's tight interconnections could be.

"As the world learned in 2008, such networks are unstable. 'If one [company] suffers distress,' says Glattfelder, 'this propagates.'"

"'It's disconcerting to see how connected things really are,' agrees George Sugihara of the Scripps Institution of Oceanography in La Jolla, California, a complex systems expert who has advised Deutsche Bank."

Revealed the capitalist network that runs the world - physics-math - 19 October 2011 - New Scientist

 

[EdwardBaiamonte]

"Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable."

Who said it was not stable?? In the last 50 years it has lifted 50% of the worlds population out of poverty and suffering??

 

[georgephillip]

Who said it was not stable?? In the last 50 years it has lifted 50% of the worlds population out of poverty and suffering??

By destroying millions of middle class jobs in the US and air quality in China?

Rhymes with rich?

 

[ralfy]

"Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable."

Who said it was not stable?? In the last 50 years it has lifted 50% of the worlds population out of poverty and suffering??

It's not stable because credit levels have been rising faster than the production of goods and services allows. That's why the notional value of unregulated derivatives alone is many times larger than the size of the global economy:

Top Derivatives Expert Estimates Size of the Global Derivatives Market at 1 200 Trillion Dollars ... 20 Times Larger than the Global Economy Washington s Blog

Only a fraction of that was needed to cause the same economy to crash in 2008.

 

[EdwardBaiamonte]

It's not stable because credit levels have been rising faster than the production of goods and services allows.

of course thats very very stupid. If money and credit were rising too fast relative to production of goods and services we'd have huge inflation. Too much money chasing too few goods.

This is Econ. 101 class one day one.

 

[EdwardBaiamonte]

. That's why the notional value of unregulated derivatives alone is many times larger than the size of the global economy:

dear, there is no significant relationship between size of economy and value of derivatives. Do you understand?

 

[georgephillip]

of course thats very very stupid. If money and credit were rising too fast relative to production of goods and services we'd have huge inflation. Too much money chasing too few goods.

"Some political economists believe that assets inflation has been, either by default or by design, the outcome of policies pursued by central banks and political decision-makers to combat and reduce the much more visible price inflation.[citation needed]

"This could be for a variety of reasons, some overt, but others more concealed or even disreputable.[citation needed]

"Some think that it is the consequence of a natural reaction of investors to the danger of shrinking value of practically all important currencies, which, as in 2012 e.g., seems to them highly probable due to the tremendous world wide growth of the mass of money. Their preference for real goods pushes their price up without any purposive (or explosive ) policies from decision-makers."
Asset price inflation - Wikipedia the free encyclopedia

 

[EdwardBaiamonte]

of course thats very very stupid. If money and credit were rising too fast relative to production of goods and services we'd have huge inflation. Too much money chasing too few goods.

"Some political economists believe that assets inflation has been, either by default or by design, the outcome of policies pursued by central banks and political decision-makers to combat and reduce the much more visible price inflation.[citation needed]

"This could be for a variety of reasons, some overt, but others more concealed or even disreputable.[citation needed]

"Some think that it is the consequence of a natural reaction of investors to the danger of shrinking value of practically all important currencies, which, as in 2012 e.g., seems to them highly probable due to the tremendous world wide growth of the mass of money. Their preference for real goods pushes their price up without any purposive (or explosive ) policies from decision-makers."
Asset price inflation - Wikipedia the free encyclopedia

cut and paste because the liberal lacks the IQ to speak for himself

 

[georgephillip]

cut and paste because the liberal lacks the IQ to speak for himself

How many keystrokes are your worth, Troll?
"Asset price inflation was often followed by an asset price crash, a sudden and usually unexpected fall in the price of a particular asset class. Examples of asset price crashes include Dutch tulips in the 17th century, Japanese metropolitan real estate and stocks in the early 1990s, and internet stocks in 2001. It was also a contributory factor in the 2007 subprime mortgage financial crisis.[citation needed]"
Asset price inflation - Wikipedia the free encyclopedia

 

[EdwardBaiamonte]

cut and paste because the liberal lacks the IQ to speak for himself

How many keystrokes are your worth, Troll?
"Asset price inflation was often followed by an asset price crash, a sudden and usually unexpected fall in the price of a particular asset class. Examples of asset price crashes include Dutch tulips in the 17th century, Japanese metropolitan real estate and stocks in the early 1990s, and internet stocks in 2001. It was also a contributory factor in the 2007 subprime mortgage financial crisis.[citation needed]"
Asset price inflation - Wikipedia the free encyclopedia

cut and paste because the liberal lacks the IQ to speak for himself

 

[ralfy]

It's not stable because credit levels have been rising faster than the production of goods and services allows.

of course thats very very stupid. If money and credit were rising too fast relative to production of goods and services we'd have huge inflation. Too much money chasing too few goods.

This is Econ. 101 class one day one.

That's right. And guess who controls much of that credit system.

 

[ralfy]

. That's why the notional value of unregulated derivatives alone is many times larger than the size of the global economy:

dear, there is no significant relationship between size of economy and value of derivatives. Do you understand?

Actually, there is. I'll let you figure it out first.

 

[ralfy]

of course thats very very stupid. If money and credit were rising too fast relative to production of goods and services we'd have huge inflation. Too much money chasing too few goods.

"Some political economists believe that assets inflation has been, either by default or by design, the outcome of policies pursued by central banks and political decision-makers to combat and reduce the much more visible price inflation.[citation needed]

"This could be for a variety of reasons, some overt, but others more concealed or even disreputable.[citation needed]

"Some think that it is the consequence of a natural reaction of investors to the danger of shrinking value of practically all important currencies, which, as in 2012 e.g., seems to them highly probable due to the tremendous world wide growth of the mass of money. Their preference for real goods pushes their price up without any purposive (or explosive ) policies from decision-makers."
Asset price inflation - Wikipedia the free encyclopedia

cut and paste because the liberal lacks the IQ to speak for himself

Feel free to counter the argument using evidence.

 

[EdwardBaiamonte]

of course thats very very stupid. If money and credit were rising too fast relative to production of goods and services we'd have huge inflation. Too much money chasing too few goods.

"Some political economists believe that assets inflation has been, either by default or by design, the outcome of policies pursued by central banks and political decision-makers to combat and reduce the much more visible price inflation.[citation needed]

"This could be for a variety of reasons, some overt, but others more concealed or even disreputable.[citation needed]

"Some think that it is the consequence of a natural reaction of investors to the danger of shrinking value of practically all important currencies, which, as in 2012 e.g., seems to them highly probable due to the tremendous world wide growth of the mass of money. Their preference for real goods pushes their price up without any purposive (or explosive ) policies from decision-makers."
Asset price inflation - Wikipedia the free encyclopedia

cut and paste because the liberal lacks the IQ to speak for himself

Feel free to counter the argument using evidence.

dummy you forgot to exactly which of your dumb arguments you feel still needs to be counter. Are you afraid to say??

 

[EdwardBaiamonte]

It's not stable because credit levels have been rising faster than the production of goods and services allows.

of course thats very very stupid. If money and credit were rising too fast relative to production of goods and services we'd have huge inflation. Too much money chasing too few goods.

This is Econ. 101 class one day one.

That's right. And guess who controls much of that credit system.

dear, Fed controls it. So?????????????

 

[EdwardBaiamonte]

. That's why the notional value of unregulated derivatives alone is many times larger than the size of the global economy:

dear, there is no significant relationship between size of economy and value of derivatives. Do you understand?

Actually, there is. I'll let you figure it out first.

translation: I lack the IQ to explain it

 

[ralfy]

of course thats very very stupid. If money and credit were rising too fast relative to production of goods and services we'd have huge inflation. Too much money chasing too few goods.

"Some political economists believe that assets inflation has been, either by default or by design, the outcome of policies pursued by central banks and political decision-makers to combat and reduce the much more visible price inflation.[citation needed]

"This could be for a variety of reasons, some overt, but others more concealed or even disreputable.[citation needed]

"Some think that it is the consequence of a natural reaction of investors to the danger of shrinking value of practically all important currencies, which, as in 2012 e.g., seems to them highly probable due to the tremendous world wide growth of the mass of money. Their preference for real goods pushes their price up without any purposive (or explosive ) policies from decision-makers."
Asset price inflation - Wikipedia the free encyclopedia

cut and paste because the liberal lacks the IQ to speak for himself

Feel free to counter the argument using evidence.

dummy you forgot to exactly which of your dumb arguments you feel still needs to be counter. Are you afraid to say??

Now adding you to my ignore list.