https://www.aftonbladet.se/kultur/bokrecensioner/a/Jo7Mk4/eliten-som-kontrollerar-det-globala-kapitalet
The Global Elite who controls the global economy
Article in one Swedishstan's biggest newspaper about "Giants: The Global Power Elite" written Peter Phillips
Translated by sweanon for everyone to share
In his farewell speech 1961 President Eisenhower warned about the powerful "Military Industrial Complex", a sort of cartel within the defense industry and the military establishment. The same shady cartel had been described in Sociologist; C Wright Mills study "The Power Elite" a few years earlier.
The book "Giants: The global power elite", written by sociology professor and media critic Peter Phillips, can be said to be the sequel on the same theme. Reading on it says the warning's of the past have not been taken seriously enough. The military industrial complex has been allowed to grow into a global power elite with an almost absolute influence over our lives.
In the centre of Phillips Analysis is the worlds biggest companies and fund managers, among them is Black rock, Vanguard group, JP Morgan Chase. These "Giants" together administrate assets equivalent to five hundred thousand billion crowns(I believe it might be 50.000billion converted to dollars but who knows at this point how much money they control).
Handling these astronomical amounts of money makes it hard to find secure investments. That's why these "giants" commit their time to financial speculation of the sorts that led to the crash of 2008. Another relief-valve for the surplus capital is war and states/countries increasing defense budgets. A third secure card is the privatization of water rights to official businesses. These "giants" are rapidly buying up the world.
"The democratic structures will be undermined bit by bit and replaced with militarised policestates"
They are also massively invested in the companies who are responsible for the most Co2 and other greenhouse gases being emitted into our air. Therefore there is no random chance, says Phillips, that we are standing in front of a never before seen global crisis of inequality, violence, instability, pollution of the environment and mass extinctions.
The systems defense attorneys usually say that the middle class has never been bigger then it is today. Against that Phillips responds that 80% of humanity is below middle class and every day 30.000 people die of starvation and malnourishment. The wealth will never trickle down to the rest of humanity says Phillips.
The book lists large amounts of encyclopedia data which bit by bit makes the reading heavy. But therein lies the strength. For the first time, we get to know exactly who the Global Power Elite really are name by name(together 389 names in all) and how they operate and who they network with. We get to know who it is with backgrounds in the CIA, Pentagon, house of lords, USA's central bank, who has been the minister of France and who was awarded the British Imperial order.
Part 1