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A chart we found on Reddit.com today shows that most products we buy are controlled by just a few companies. It's called "The Illusion of Choice."
Ever wonder why you can't get a Coke at Taco Bell? It's because Yum! Brands was created as a spin-off of Pepsi--and has a lifetime contract with the soda-maker.
Unilever produces everything from Dove soap to Klondike bars. Nestle has a big stake in L'Oreal, which features everything from cosmetics to Diesel designer jeans.
Despite a wide array of brands to choose from, it all comes back to the big guys.
Originally posted by Cyprex
Wow! Reminds me of all the creepy info in the movie Food Inc.
Wasn't like 80% of all US beef, comes from 1 of 4 different US companies? And your fast food burger's beef was just standing next to the brand name beef in the supermarket a week before?
Originally posted by gwynnhwyfar
reply to post by Hessling
I really wish we could have back a prevalence of small businesses and get rid of all the huge box stores. The products were better, the service was better, and we all contributed to our local economy instead of stockholders and other countries' economies. We are, however, too spread out and too addicted to convenience. It's a darned shame.
Originally posted by Treespeaker
This reminds me of GE general electric , they make alot of great household products.
They also make aircraft guns and weapons systems. "we bring good things to life" . . indeed.
An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.
The Zurich team can. From Orbis 2007, a database listing 37 million companies and investors worldwide, they pulled out all 43,060 TNCs and the share ownerships linking them. Then they constructed a model of which companies controlled others through shareholding networks, coupled with each company's operating revenues, to map the structure of economic power
When the team further untangled the web of ownership, it found much of it tracked back to a "super-entity" of 147 even more tightly knit companies - all of their ownership was held by other members of the super-entity - that controlled 40 per cent of the total wealth in the network. "In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network," says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.
- The top 50 of the 147 superconnected companies 1. Barclays plc 2. Capital Group Companies Inc 3. FMR Corporation 4. AXA 5. State Street Corporation 6. JP Morgan Chase & Co 7. Legal & General Group plc 8. Vanguard Group Inc 9. UBS AG 10. Merrill Lynch & Co Inc 11. Wellington Management Co LLP 12. Deutsche Bank AG 13. Franklin Resources Inc 14. Credit Suisse Group 15. Walton Enterprises LLC 16. Bank of New York Mellon Corp 17. Natixis 18. Goldman Sachs Group Inc 19. T Rowe Price Group Inc 20. Legg Mason Inc
Cargill declared revenues of $116.6 billion and earnings of $3.33 billion in the 2009 fiscal year. Employing over 140,000 employees in 66 countries, it is responsible for 25% of all United States grain exports. The company also supplies about 22% of the US domestic meat market, exporting more product from Argentina than any other company and is the largest poultry producer in Thailand. All of the eggs used in McDonald's restaurants in the US pass through Cargill's plants. It is the only producer of Alberger process salt in the US, which is highly prized in the fast-food and prepared food industries.