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

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 787 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.

global netweook analysis of corporate control, strongly connected core

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). Link color scales with weight.

[Note to the reader: see the very end of this article for a ranking of the top 50 'control holders']

When we hear conspiracy theorist talk about this or that powerful group (or alliance of said groups) “pulling strings” behind the scenes, we tend to dismiss or minimize such claims, even though, deep down, we may suspect that there’s some degree of truth to it, however distorted by the theorists’ slightly paranoid perception of the world. But perhaps our tendency to dismiss such claims as exaggerations (at best) comes from our inability to get even a slight [...]

Skyrocketing Seed Prices Spur Antitrust Concerns

Skyrocketing Seed Prices Spur Antitrust Concerns

Today the LA Times examines the rapid increase in the prices farmers pay for seeds. Spending on seeds grew to $17 billion last year—up an eye-popping 56 percent from 2006. The huge jump has farmers pressing for an investigation, and the departments of Justice and Agriculture are launching a series of meetings to explore whether antitrust practices are pushing food prices higher. Two related forces are largely responsible for the sharp increase in seed costs. In recent years, pricier, genetically altered options have edged conventional seeds out of the market. So rather than simply buying a sack of seeds, farmers are paying more to license and use a proprietary set of genes.

At the same time, consolidation has left most of the business in the hands of a few companies, led by Monsanto (MON), already the subject of an antitrust investigation. The White House has taken notice and could target the industry for more scrutiny. Neil E. Harl, a farmer and retired economics professor, told the Times, “There's a growing sentiment in this White House administration that competition, and the lack of it, is getting to be a serious problem in the food [...]