The power of corporations is so great within our society that they have undermined the idea that there is any other way to run society’ Corporations are running the world, according to new figures released Monday from the U.K.-based Global Justice Now. The economic and social justice advocacy group discovered (spreadsheet) that the ten largest corporations are wealthier than most countries in the world combined. “Today, of the 100 wealthiest economic entities in the world, 69 are now corporations and only 31 countries,” wrote Global Justice Now campaigns and policy officer Aisha Dodwell. “This is up from 63 to 37 a year ago. At this rate, within a generation we will be living in a world entirely dominated by giant corporations.” Indeed, multinational behemoths Shell, Apple, and Walmart each rake in more revenue than the world’s 180 “poorest” countries—a list that includes Ireland, Greece, Israel, South Africa, Vietnam, and Colombia—combined. And the top ten largest companies have a whopping combined value of $2.9 trillion, which is larger than China’s economy. Walmart, the biggest corporate entity in the world, is valued at over $482 billion, which makes it wealthier than Spain, Australia, and the Netherlands, individually. On September 13, 2016 By Admin Money Politics World News Post navigation Previous PostSTRANGE MISTAKE: ABC NIGHTLY NEWS REPORTS HILLARY’S DEATHNext PostLil Wayne: My concerts are sometimes predominantly white, signifies no such thing as racism
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