Global Shell Games - tightly interlocked “super-entity” of financial institutions controls 40% of all transnational corporate wealth
By Eric Buesing
A peer-reviewed network study showed a tightly interlocked “super-entity” of financial institutions controls 40% of all transnational corporate wealth
Fascism started with cartels of international corporations (e.g. IG Farben), and it may have survived as such through in Bormann’s network of corporations, as dr. Farrell has documented in his books.
Might the network referenced in the above article have a connection to Bormann’s network of corporate fronts?
Dave Emory writes: " In the decades since the end of the Second World War, much has been written about the war and fascism, the driving force behind the aggression that precipitated that conflict. Unfortunately, much of what has been said and written has failed to identify and analyze the causes, nature and methodology of fascism—German National Socialism or “Nazism” in particular.
A deeper, more accurate analysis was presented in literature published before, during and immediately after World War II. […] Some of the books presented here illustrate the extent to which fascism (Nazism in particular) was an outgrowth of globalization and the construction of international monopolies (cartels). Key to understanding this phenomenon is analysis of the Webb-Pomerene act, legislated near the end of the First World War. A loophole in the Anti-trust legislation of 1914, it effectively legalized the formation of cartels—international monopolies—for firms that were barred from domestic monopolistic practices.
Decrying what they viewed as excessive and restrictive “regulation” here in the United States, U.S.-based transnational corporations invested their profits from the industrial boom of the 1920’s abroad, primarily in Japan and Germany. This process might well be viewed as the real beginning of what is now known as “globalization.”
That makes me wonder- what were the forces behind trade liberalization, neoliberalism, privatization and the founding of the WTO in the '80s and '90s?
Corporate networks and cartels operate as a fifth column in society, especially in the context of free trade policies. It is high time to reevaluate their position, rights (voting??) and corporate charters.
Buesing: “Corporations didn’t always work this way. In early America a legislature had to pass a law to create one, and the charter spelled out what the company could do.42 Early charters named a public purpose, and most weren’t perpetual.43 They ran for a set number of years, and renewal gave the legislature a chance to check how the company had behaved.44 In 1785 Pennsylvania revoked the charter of the Bank of North America.”