Exposing the Financial Core of the Transnational Capitalist Class

Introduction In this study, we decided to identify in detail the people on the boards of directors of the top ten asset management firms and the top ten most centralized corporations in the world. Because of overlaps, there is a total of thirteen firms, which collectively have 161 directors on their boards. We think that this group of 161 individuals represents the financial core of the world’s transnational capitalist class. They collectively manage $23.91 trillion in funds and operate in nearly every country in the world. They are the center of the financial capital that powers the global economic system. Western governments and international policy bodies work in the interests of this financial core to protect the free flow of capital investment anywhere in the world.

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One of the most awe inspiring photographs ever taken was by a machine, not a person. The ‘Pale Blue Dot’ is the name of the photograph. It is an image of the Earth taken in 1990 by the Voyager spacecraft, some six billion kilometers away from our planet as the craft was about to leave the Solar System. The Earth appears as a miniscule dot, almost lost in the vastness of space. The ‘Blue Marble’ is another image from space that also shows the Earth. It was taken by the US Apollo 17 spacecraft in 1972. The entire planet is a vivid, enchanting swirl of deep blue oceans, scattered white clouds and solid green land masses set in stark contrast against the apparent emptiness of space. To see the magnificent fragility of Earth hanging in a mind boggling expanse of blackness is as wondrous as it is humbling.