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The 147 companies that run the world

A scientific analysis has revealed the 147 company “super-entity” that controls most of the world’s economy. Here is an article about the study. And here is the study itself.

I already knew that a small number of corporations was running things, but now we have the scientific analysis to back up the suspicions. This is what deregulation has wrought. Sorry, I don’t have any additional analysis or anything else to add. Maybe someone smarter than me can add more.

I’ve put the list of the top 50 of the 147 across the break. No surprise: they are mostly financial institutions/banks.
The top 50 of the 147 superconnected companies

  1. Barclays plc
  2. Capital Group Companies Inc
  3. FMR Corporation
  4. AXA
  5. State Street Corporation
  6. JP Morgan Chase & Co
  7. Legal & General Group plc
  8. Vanguard Group Inc
  9. UBS AG
  10. Merrill Lynch & Co Inc
  11. Wellington Management Co LLP
  12. Deutsche Bank AG
  13. Franklin Resources Inc
  14. Credit Suisse Group
  15. Walton Enterprises LLC
  16. Bank of New York Mellon Corp
  17. Natixis
  18. Goldman Sachs Group Inc
  19. T Rowe Price Group Inc
  20. Legg Mason Inc
  21. Morgan Stanley
  22. Mitsubishi UFJ Financial Group Inc
  23. Northern Trust Corporation
  24. Société Générale
  25. Bank of America Corporation
  26. Lloyds TSB Group plc
  27. Invesco plc
  28. Allianz SE 29. TIAA
  29. Old Mutual Public Limited Company
  30. Aviva plc
  31. Schroders plc
  32. Dodge & Cox
  33. Lehman Brothers Holdings Inc*
  34. Sun Life Financial Inc
  35. Standard Life plc
  36. CNCE
  37. Nomura Holdings Inc
  38. The Depository Trust Company
  39. Massachusetts Mutual Life Insurance
  40. ING Groep NV
  41. Brandes Investment Partners LP
  42. Unicredito Italiano SPA
  43. Deposit Insurance Corporation of Japan
  44. Vereniging Aegon
  45. BNP Paribas
  46. Affiliated Managers Group Inc
  47. Resona Holdings Inc
  48. Capital Group International Inc
  49. China Petrochemical Group Company

* Lehman still existed in the 2007 dataset used

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