The Economic-Corporate Oligarchy of the World

Today’s world is ruled by a myriad of multinational corporations and financial institutions that belong to a network of private round table organisations that stretch across the planet. There exists an international ruling elite that has been building an economic-corporate empire for over a century, which oppresses any dissent to their agenda.

A recent study conducted by Northwestern and Princeton University on America’s political system supports the thesis that political systems are not directed by the people of the country, but rather by a network of “economic elites” and “business interests”. The study concluded that the US political system is an oligarchy, where the “wishes of corporations and business and professional associations” are the driving forces behind policy decisions within the government.

“The central point that emerges from our research is that economic elites and organised groups representing business interests have substantial independent impacts on US government policy, while mass-based interest groups and average citizens have little or no independent influence” (Gilens and Page, 2014, p.3).

This study illustrates the influence that trans-national corporations along with international financiers can have on a population if they are given the conditions to flourish. The Council on Foreign Relations (CFR) epitomises the economic-corporate governance that exists in most countries of the world today, with democratic political systems often corrupted by lobbying groups and special interests. A self titled “independent, nonpartisan membership organisation, think tank and publisher”, the CFR is a private organisation which holds the real power in American politics. It has a membership which is made up from the top echelons of the political, academic, media, corporate, and banking fields. Hilary Clinton revealed the nature of her (along with the US State Department’s) relationship with the CFR when she addressed the council at their newly opened outpost in Washington D.C in 2009:

“I have been often to the mother ship in New York City, but it’s good to have an outpost of the Council right here down the street from the State Department. We get a lot of advice from the Council, so this will mean I won’t have as far to go to be told what we should be doing and how we should think about the future.”

A look at the corporate membership of the council reveals the level of power vested in such a small amount of hands, with approximately 200 of the most influential corporate players on the planet members of the council, including: Exxon Mobil Corporation, Goldman Sachs Group Inc, BP plc, Barclays, Google Inc, Lockheed Martin, Deutsche Bank AG, Shell Oil Company and Soros Fund Management.

The CFR is part of a shadowy network of private organisations that stretches across the globe to influence policy of most nation states. Professor Carroll Quigley was an insider at the CFR and knew “of the operations of this network because” he “studied it for twenty years and was permitted for two years, in the early 1960’s, to examine its papers and secret records” (Quigley, 1966, p. 950). He wrote two books about the activities of the network, the first titled Tragedy and Hope: A History of the World in our Time published in 1966, and the second was The Anglo-American Establishment published in 1981.

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