Buried in the Review Section of The Observer of 30th October under the section 'Lab Notes: Dispatches from the World of Science' (hardly likely to hit you in the face is it?) is a report of a study from the Swiss Federal Institute of Technology in Zurich. According to the Observer "This study identified an elite core of 147 transnational corporations, (TNCs), mainly financial institutions, that together control 40% of the wealth in the entire network of 43060 TNCs worldwide despite representing less than 1% of the whole. This level of interconectedness raises serious concerns about financial stability"
It is probably worse than that. One might reasonably deduce that the 43060 TNCs control more wealth than virtually any national sovereign government. They are equally almost certainly totally not accountable to any electorate. Nevermind. All UKIP, the right wing of the Tory Party, and other organs like the Daily Express can do is bang on about the wicked (allegedly unelected) EU. Nero playing the fiddle while Rome burned comes to mind.
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