The world’s richest 10% accounted for roughly 85% of the planet's total
assets, while the bottom half of the population – more than 3 billion
people – owned less than 1% of the world’s wealth.
n December of 2011, the former deputy secretary of the Treasury in
the Clinton administration, Roger Altman, wrote an article for the
Financial Times in which he described financial
markets as “a global supra-government” which can “oust entrenched
regimes... force austerity, banking bail-outs and other major policy
changes.” Altman said bluntly that the influence of this entity “dwarfs
multilateral institutions such as the International Monetary Fund” as
“they have become the most powerful force on earth.”
With the formation of this “super-entity” – a veritable global
supra-government – made up of the world’s largest banks and corporations
exerting immense influence over all other corporations, a new global
class structure has evolved. It is this rarefied group of individuals
and firms, and the relations they hold with one another, that we wish to
further understand.
http://www.alternet.org/economy/global-power-elite-exposed?akid=10567.294211.66jOK7&rd=1&src=newsletter854356&t=3
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