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Octafish

(55,745 posts)
18. Corporate Power is dwarfing Democracy and Justice and Peace...
Fri Sep 20, 2013, 05:46 PM
Sep 2013

Here's a decent overview:



CORPORATE CLOUT 2012: THE INFLUENCE OF THE WORLD'S LARGEST 100 ECONOMIC ENTITIES

Of the world’s 100 largest economic entities in 2009, 44 are corporations. If you look at the top 150 economic entities, the proportion of corporations rises to 59%.

The largest in 2009, Wal-Mart Stores, had revenues exceeding the respective GDPs of 174 countries (i) including Sweden, Saudi Arabia and Venezuela and employed over 2 million people, more than the entire population of Qatar. If it was a country, it would be the 22nd largest in the world.

Shell has bigger revenues than the combined GDPs of Pakistan and Bangladesh, the sixth and seventh most populous nations in the world, together home to 350 million people. Sinopec, China’s leading energy and chemical company, is bigger than Singapore. The insurer AXA is bigger than Nigeria. Even with the troubles of the automotive industry, Ford is bigger than New Zealand.

Together, the 44 companies in our top 100 list generated revenues of US$ 6.4 trillion in 2009, equivalent to over 11% of global GDP.[ii] These combined revenues are larger than the combined economies of 155 countries, that is, all the countries in the world except the largest 40 in terms of GDP.

The contribution of the companies in our top 100 to global employment falls far short of their economic clout. Together, they employed over 13.5 million people in 2009, just 0.4% of the world’s economically active population.[iii] However, this still exceeds by over a million people the combined total populations of Switzerland and Singapore.

The Changing Shape of Corporate Clout

Our analysis of the 2009 top economic entities was conducted against a backdrop of global financial and economic turmoil. The recession was biting deep into both national and corporate coffers. So we also analyzed the trends over the last decade and looked back to earlier similar analyses, such as the one conducted by Sarah Anderson and John Cavanagh noted in the sidebar.

CONTINUED...

http://www.globaltrends.com/knowledge-center/features/shapers-and-influencers/66-corporate-clout-the-influence-of-the-worlds-largest-100-economic-entities



The corporatists are good at what they do, amassing capital. Too bad they don't devote their resources to, I don't know, making this a better world?

Recommendations

0 members have recommended this reply (displayed in chronological order):

Great toon! K&R nt Zorra Sep 2013 #1
Thanks! Here's Simpson's real teet. Octafish Sep 2013 #2
Table 1: The World’s Top 35 Asset Management Firms, in Billions of Dollars (2012) Octafish Sep 2013 #3
This isn't real money. Is it derivatives exposure? AtheistCrusader Sep 2013 #4
OP source 21. “The Top Asset Management Firms 2012, Banks around the World,” June 30, 2012, Octafish Sep 2013 #6
Yeah, I think this is deriviatives. They don't actually possess that money, it's a swirling morass o AtheistCrusader Sep 2013 #8
Agree, totally. The sad part is, they've got the US taxpayer on the hook for so much of it. Octafish Sep 2013 #10
Got the answer...I think... Octafish Sep 2013 #12
Trickle down DOES work; just ask the paid disruptors! Divernan Sep 2013 #5
Thanks, Divernan! I've got a fave or two. Octafish Sep 2013 #7
They will not allow anyone to change this. Even an armed insurrection will not be successful. L0oniX Sep 2013 #9
That ref blew a call against the Lions. Octafish Sep 2013 #11
More importance and truth in this little thread woo me with science Sep 2013 #13
Thanks, woo me with science. I'd hoped the 1912 cartoon would prove effective... Octafish Sep 2013 #14
Important thread, thanks for posting. Will have to spend more time on this. nm rhett o rick Sep 2013 #15
These are the fellahs who'll make a killing off TPP. Octafish Sep 2013 #17
Kick. woo me with science Sep 2013 #16
Corporate Power is dwarfing Democracy and Justice and Peace... Octafish Sep 2013 #18
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