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See the list of top 50 (linked from Tyler Cowen's post): http://littlegreenfootballs.com/page/260753_The_network_of_global_corporat http://littlegreenfootballs
by nandemo 15y ago
See the list of top 50 (linked from Tyler Cowen's post):
http://littlegreenfootballs.com/page/260753_The_network_of_global_corporat http://littlegreenfootballs.com/page/260753_The_network_of_g...
Note that "ruling the world" here amounts to "having nominal ownership of stocks in public companies". Consequently, practically all of the top 50 companies are asset management companies (such as Vanguard or Fidelity), financial conglomerates that also do asset management, or insurance companies. The only apparent exception is China Petrochemical at 50th. Not a very interesting "finding", really.