How intertwined are the big companies?

[Rocktown Gal]

I thought this was an interesting article of just how intertwined the big companies are. Great pic that shows you just how much.

http://www.dailymail.co.uk/sciencete...l-economy.html

Does one 'super-corporation' run the global economy? Study claims it could be terrifyingly unstable

Research found that 147 companies formed a 'super entity' within group, controlling 40 per cent of its wealth

A University of Zurich study 'proves' that a small group of companies - mainly banks - wields huge power over the global economy.

The study is the first to look at all 43,060 transnational corporations and the web of ownership between them - and created a 'map' of 1,318 companies at the heart of the global economy.

The study found that 147 companies formed a 'super entity' within this, controlling 40 per cent of its wealth. All own part or all of one another. Most are banks - the top 20 includes Barclays and Goldman Sachs. But the close connections mean that the network could be vulnerable to collapse.

[InvalidID]

This is the logical end to capitalism. Much as I hate to admit it. Sooner or later companies run out of places to expand into and begin to merge and aquire each other to grow... sooner or later someone gets all the marbles.

[DryHeat]

I just finished watching a DVD documentary from Netflix, "Blue Gold:World Water Wars." Something I'd not been at all aware of despite trying to keep an eye out for such trends, a series of big corporations (mostly ones with the names carried on bottled waters like Evian) have been locking up cities' and even countries' water rights under decades-long contracts. Of course they're then responsible for doing the municipal water treatments (at higher rates than before) but it's leading to situations like areas in Africa where the Coca-Cola subsidiary has the contracts selling plastic bottled water for prices some 70% higher than the price for glass deposit-bottled Coke of the same volume. "Oh the consumer prefers the plastic though we know that makes it more expensive." Riiiight, swampland and bridges for sale, oh my.

[TNHermit]

Originally Posted by DryHeat

I just finished watching a DVD documentary from Netflix, "Blue Gold:World Water Wars." Something I'd not been at all aware of despite trying to keep an eye out for such trends, a series of big corporations (mostly ones with the names carried on bottled waters like Evian) have been locking up cities' and even countries' water rights under decades-long contracts. Of course they're then responsible for doing the municipal water treatments (at higher rates than before) but it's leading to situations like areas in Africa where the Coca-Cola subsidiary has the contracts selling plastic bottled water for prices some 70% higher than the price for glass deposit-bottled Coke of the same volume. "Oh the consumer prefers the plastic though we know that makes it more expensive." Riiiight, swampland and bridges for sale, oh my.

If you go to Colorado Virtually none of the towns in the mountains own water rights. They have all been sold to Denver and Colorado Springs,Boulder. Couldn't believe it when I found out. Even the lakes in the mountains are owned by Denver and such so they can water their ---- lawns. How can a town be that stupid. Colorado River is the same.

[whodunit]

Originally Posted by TNHermit

If you go to Colorado Virtually none of the towns in the mountains own water rights. They have all been sold to Denver and Colorado Springs,Boulder. Couldn't believe it when I found out. Even the lakes in the mountains are owned by Denver and such so they can water their ---- lawns. How can a town be that stupid. Colorado River is the same.

I think it's even illegal to collect rainwater in Colorado since it's owned by the state. Funny how if it floods your property, it's your problem, though.