When controlling shareholders 'live like kings': The case of Telecom Italia

A complex systems approach to constructing better models for managing financial markets and the economy

Ourselves and our Interactions: The Ultimate Physics Problem?

I unfortunately lost my train of thought, which results in the cut here. What I wanted to say:
"This means you can forget about the equations and just start to understand the system by looking at the interactions. You can then understand the complex system by simulating it in a computer. As an example, you need three simple rules to simulate swarming behavior: Move in the same direction as your neighbor, stay close to your neighbor, but avoid collisions. If you think this is no big deal, think again. No one saw this coming. And to this day no one really knows why this is the way things are. It's as if reality is giving us a big help in understanding how stuff works. Like the 'miracle' I mentioned before, those equations mirror the workings of the universe. And it gets even better, because most complex systems have this amazing property called emergence. So this means that the system as a whole suddenly starts to show a behavior which cannot be understood or predicted by looking at the components of the system."

I misspoke when I said, "Thirty-six percent of the TNCs are in the core only ... ." Instead, I meant to say, "Thirty-six percent of the TNCs are in the *center* only."

Financial World Dominated by a Few Deep Pockets

To Navigate Economic Storms We Need Better Forecasting

제임스 그래트펠더는 복잡계를 연구합니다: 내부적으로 연계된 체계는 -- 예를 들면 새떼 같은 경우는 -- 어떻게 부분의 합보다 더 큰가? 와 같은 문제를 연구하는 겁니다. 복잡성 이론은 경제가 어떻게 작동하는지의 상당 부분을 규명합니다. 그래트펠더는 국제 경제에서 조정 기능이 어떻게 작동하는지, 그리고 놀라울 정도로 적은 몇몇의 손에 지배력이 집중되는 것이 어떻게 우리 모두를 무방비하게 만들게 되는지를 설명합니다. (TEDxZurich 에서 촬영)

제임스 그래트펠더(James B. Glattfelder): 누가 세상을 지배하는가?

Modern economic crises have exposed the limits of traditional financial models, revealing that we often know more about the universe than our own economic systems. A groundbreaking study mapped 600,000 companies worldwide and discovered that just 737 top shareholders control 80 percent of transnational corporations’ value. Nearly all of these powerful actors are highly interconnected financial institutions, creating a dense core that dominates the global economy. Such concentration and interconnectivity pose systemic risks and call for new ways of understanding complexity in economics.

A Tiny Corporate Core Quietly Wields Global Economic Power

*Decoding Complexity*

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James B. Glattfelder: 제임스 그래트펠더(James B. Glattfelder): 누가 세상을 지배하는가?