The capitalist network the runs that world?

Hey everyone!

So I didn’t do a cool data project, but wanted to see what everyone thought about this one:

http://www.newscientist.com/article/mg21228354.500-revealed–the-capitalist-network-that-runs-the-world.html

It was from last year. How strong is the data and the graph?

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)

 

One thought on “The capitalist network the runs that world?

  1. One of the points in the accompanying article is that ownership doesn’t equal control – a hedge fund that owns a lot of corporate shares may have little actual control over a company’s behavior. What may be more interesting is the sense in which this network shows interconnection – that interconnection can be a vulnerability at a time of financial crisis. Would be very interesting to learn more about whether this model helps spread/explain some of the spreading collapse in 2008…

Comments are closed.