Here's another article I found that touches on the subject matter of the Ted Talk I posted above. It goes into more detail of the degree of power TNCs hold in our economy. Just to be clear, global corporations are TNCs (Transnational Corporations).
Here's their "Summary of Findings":
"Summary of Findings
1. Of the 100 largest economies in the world, 51 are now global corporations; only 49 are countries.
2. The combined sales of the world's Top 200 corporations are far greater than a quarter of the world's economic activity.
3. The Top 200 corporations' combined sales are bigger than the combined economies of all countries minus the biggest 9; that is they surpass the combined economies of 182 countries.
4. The Top 200 have almost twice the economic clout of the poorest four-fifths of humanity.
5. The Top 200 have been net job destroyers in recent years. Their combined global employment is only 18.8 million, which is less than a third of one one-hundredth of one percent of the world's people.
6. Not only are the world's largest corporations cutting workers, their CEOs often benefit financially from the job cuts.
7. Japanese corporations have surpassed U.S. corporations in the ranking of the Top 200.
8. Over half of the sales of the Top 200 are in just 5 economic sectors; and corporate concentration in these sectors is high.
9. When General Motors trades with itself, is that free trade?: One-third of world trade is simply transactions among various units of the same corporation.
10. The Top 200 are creating a global economic apartheid, not a global village. The top eight telecommunications firms, for example, have been expanding global sales rapidly, yet over nine-tenths of humanity remains without phones."
Here's the link to the article. Sources are noted at the bottom of the article.
https://www.globalpolicy.org/component/c...47211.html
I like #10 showing how ineffective our system truly is on a grand scale. Over 90% of humanity remains without phones in our world. (Back in the 90s). Now today this is our story.
http://newsfeed.time.com/2013/03/25/more...udy-shows/
I find the fact that more people have access to a mobile phone then a toilet a little disturbing to say the least.
We are at a point in human history at which we have never seen before with our technological advancements. We are capable of creating an abundance like never before and we should move into a global society that focuses on our resources rather then needing money for the transactions. What I'm trying to describe here is something that would be like the Venus Project from Jaqcue Fresco, a resource based economy. Even Fresco admits he does not have all the answers, the key lies in mass relevant education and being open to change.
Here's a link to their website to find out more information about the venus project. I don't think it's all correct but it's the only thing I've found that's stepping into the right direction.
https://www.thevenusproject.com/the-venus-project/