Giants: The Global Power Elite - Politics Forum.org | PoFo

Wandering the information superhighway, he came upon the last refuge of civilization, PoFo, the only forum on the internet ...

All sociological topics not appropriate or suited to other areas of the board.
Forum rules: No one line posts please.
#14975874


Who holds the purse strings to the majority of the world’s wealth? There is a new global elite at the controls of our economic future, and here former Project Censored director and media monitoring sociologist Peter Phillips unveils for the general reader just who these players are. The book includes such power players as Larry Fink, Bill Gates, Jeff Bezos, Jamie Dimon, and Warren Buffett.

As the number of men with as much wealth as half the world fell from sixty-two to just eight between January 2016 and January 2017, according to Oxfam International, fewer than 200 super-connected asset managers at only 17 asset management firms—each with well over a trillion dollars in assets under management–now represent the financial core of the world’s transnational capitalist class. Members of the global power elite are the management–the facilitors–of world capitalism, the firewall protecting the capital investment, growth, and debt collection that keeps the status quo from changing. Each chapter in Giants identifies by name the members of this international club of multi-millionaires, their 17 global financial companies—and including NGOs such as the Group of Thirty and the Trilateral Commission—and their transnational military protectors, so the reader, for the first time anywhere, can identify who constitutes this network of influence, where the wealth is concentrated, how it suppresses social movements, and how it can be redistributed for maximum systemic change.

“This book will be a blockbuster. Looking very forward to using it in my courses and circulating it through my lists.” William I. Robinson Professor of Sociology, University of California Santa Barbara

“This book is a must read for community college and university students. Phillips’ Giantsis a much-needed book for our times.” Mickey Huff, director of Project Censored; professor of social science and history, Diablo Valley College

“This remarkable inquiry lifts the veil, providing detailed and often shocking revelations about the astonishing concentration of private wealth and corporate power, its institutions and integrated structure – and not least, its threat to civilized and humane existence.” Noam Chomsky, Emeritus Professor of MIT

“This book is a fearless expose of the ascendancy of a class of global elites and the power they wield around the world.” Robin Andersen, Professor of Communication and Media Studies, Fordham University

“Peter Phillips thoroughly identifies the members of the “transnational capitalist class” that largely runs the world today, through the mammoth instruments of Western military force, and the international intelligence community, and—not least—our free press.” Mark Crispin Miller PhD, Professor of Media Studies, New York University



“Adam Smith warned that the “masters of mankind” will pursue their “vile maxim: All for
ourselves, and nothing for other people.” There could hardly be a more apt description of the recent era of savage capitalism, straining for new heights under cover of Trump’s antics. Who exactly are the masters? This remarkable inquiry lifts the veil, providing detailed and often shocking revelations about the astonishing concentration of private wealth and corporate power, its institutions and integrated structure – and not least, its threat to civilized and humane existence.”
Noam Chomsky, Emeritus Professor of MIT

#14975892
I will definitely buy this book before leaving. For sure.

I wonder what he proposes that needs to be done to rectify the inequality? Did you read it yet @Sivad .
#14975893
Tainari88 wrote:I will definitely buy this book before leaving. For sure.

I wonder what he proposes that needs to be done to rectify the inequality? Did you read it yet @Sivad .



I haven't read it yet but his solution, which is the only real solution, is radical democratization.
#14975895
Sivad wrote:I haven't read it yet but his solution, which is the only real solution, is radical democratization.


Thanks for letting me know not to waste my time. The same trend has existed in every society under every form of government. If he thinks a form of government is the problem, then he doesn’t have a clue.

Edit: Sorry @Sivad . I should not be dismissive without reading it. It just struck me as ‘sensationalism’ I have read many times before. Writing about the rich and famous all too often is just a money making gimmick.
Last edited by One Degree on 27 Dec 2018 21:33, edited 1 time in total.
#14975900
Sivad wrote:I haven't read it yet but his solution, which is the only real solution, is radical democratization.


How does one go about radically democratizing? I ask this knowing the answer because Richard Wolff already touched on that. But what does the author propose?
#14975910
Tainari88 wrote:How does one go about radically democratizing? I ask this knowing the answer because Richard Wolff already touched on that. But what does the author propose?


He talks a lot about supporting all the democracy movements around the world but I don't know for sure what his specific ideology is. If it's some form of state socialism then :knife: , but he seems pretty reasonable so I'm thinking he's probably some kind of libertarian social democrat.
#14978947
‘Davos Man’

The phrase "Davos Man" was credited to Samuel P. Huntington, a political scientist who spent the majority of his working life at Harvard University. In 2004, he wrote a paper about elites and "an emerging global superclass" of "Davos men" or "gold-collar workers."

"The rewards of an increasingly integrated global economy have brought forth a new global elite. Labeled 'Davos Men,' 'gold-collar workers' or… 'cosmocrats', this emerging class is empowered by new notions of global connectedness. It includes academics, international civil servants and executives in global companies, as well as successful high-technology entrepreneurs," Huntington wrote, citing an estimation that this elite would total 40 million people by 2010.

He said such global elites "have little need for national loyalty, view national boundaries as obstacles that thankfully are vanishing, and see national governments as residues from the past whose only useful function is to facilitate the elite's global operations."

Huntington added that such individuals were defined by their "involvement in transnational institutions, networks and activities" and that "someone whose loyalties, identities and involvements are purely national is less likely to rise to the top in business, academia, the media and the professions than someone who transcends these limits."
https://www.cnbc.com/2018/01/19/who-are ... woman.html



Dead Souls: The Denationalization of the American Elite
Samuel P. Huntington

March 1, 2004

Yes. Very much. If it were not highly unusual […]

It doesn't matter. You are trying to defend Londo[…]

You are dealing with lying president and a bunch […]

Here are another few reasons why travelling by tra[…]