Home > World Economy > James B. Glattfelder: Who controls the world?

James B. Glattfelder: Who controls the world?

James Glattfelder studies complexity: how an interconnected system — say, a swarm of birds — is more than the sum of its parts. And complexity theory, it turns out, can reveal a lot about how the economy works. Glattfelder shares a groundbreaking study of how control flows through the global economy, and how concentration of power in the hands of a shockingly small number leaves us all vulnerable. (Filmed at TEDxZurich.)

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Duration : 0:14:12

  1. judassss Feb 26th, 2013 @ 11:08 | #1

    yep,same, stating …
    yep,same, stating the obvious

  2. Neurozumim Feb 26th, 2013 @ 11:08 | #2

    Hmmm.. Interesting, …
    Hmmm.. Interesting, but I feel this is only putting in scientific language something I already knew.

  3. rodovre Feb 26th, 2013 @ 11:08 | #3

    Yeah, the 142 …
    Yeah, the 142 biggest retirement funds have the biggest buck muscles… but we already knew that?

  4. jNode Feb 26th, 2013 @ 11:08 | #4

    You are referring …
    You are referring to a quote that was mentioned by Dirk Helbing (wikipedia. org/ wiki/ Dirk_Helbing) implying that while we spend billions to understand the universe, we still don’t really understand our complex, interconnected socio-economic world. The allegation that “Captains of industry” loose more money a day than was ever spent on science would actually be a case in point…

  5. Willa Cartwright Feb 26th, 2013 @ 11:08 | #5

    We spent more on …
    We spent more on science than on the economy??? BULLSHIT!!!

    Our ‘genius’ Captains of industry lost more in a day, that was EVER spent on ALL of science.

    TED – get some who doesn’t lie.

  6. Roger Gouveia Feb 26th, 2013 @ 11:08 | #6

    it was implied that …
    it was implied that it would be 142 greatest share-holders of the biggest TNC’s.

  7. speakerboy777 Feb 26th, 2013 @ 11:08 | #7

    So if this guy is …
    So if this guy is right, money grants power. And therefore, the thing that is controlling the world is the people with the most control over money. and as the people with the most control over money are TNC’s… the people with the most control are only searching for more control (higher profits).

    So in a very real sense, the human race has no goal as far as those with the most power are concerned.
    If this guy is right which im pretty sure he is.

  8. MrHada007 Feb 26th, 2013 @ 11:08 | #8

    thank god i …
    thank god i subscribed this channel like if u agree too

  9. Robert Burkett Feb 26th, 2013 @ 11:08 | #9

    So who does …
    So who does control the world? Who is at the top of the chart?

  10. retsaoter Feb 26th, 2013 @ 11:08 | #10

    just because it …
    just because it wasn’t published doesn’t mean that it doesn’t exist. 

  11. Garrett Wyr Feb 26th, 2013 @ 11:08 | #11

    Panarchy theory
    Panarchy theory

  12. hunterbender Feb 26th, 2013 @ 11:08 | #12

    Great study. …
    Great study. Mathematically rigorous and makes a point. As a student in economics and physical chemistry, this is the type of work that I want to see.

  13. dhead64 Feb 26th, 2013 @ 11:08 | #13

    For a great …
    For a great critique and explanation of why this has not been done, and why it gets ignored or derided when someone tries to do it, the best place to start is “The Black Swan”, by Nassim Nicholas Taleb. He puts the Black – Scholes option pricing formula into the context which helps explain the mess it creates. While reading that look up the art project by Joshua Portway and Lise Autogena. The Black-Shoals Planetarium, I think.

  14. mathmusicstructure Feb 26th, 2013 @ 11:08 | #14

    Systems with a high …
    Systems with a high degree of complexity are difficult to describe in concrete mathematical terms. Lacking a good mathematical description makes prediction of outcomes extremely difficult, if not impossible. To deal with this we often look at a small part of a system and find a clever way to approximate it. What he’s talking about is trying to look at the big picture, which is difficult. If you’re interested in this kind of thing take math and physics courses. He’s drawing on many areas.

  15. mathmusicstructure Feb 26th, 2013 @ 11:08 | #15

    No. No they’re not …
    No. No they’re not.

  16. Al Bondiga Feb 26th, 2013 @ 11:08 | #16

    … taking into …
    … taking into account that I don’t even vote to begin with because I do know what is going on. The banks rule everything and in our “game” of life they set the rules and parameters. I will finish with this quote….”Give me control of a nation’s money and I care not who makes her laws.” -Mayer Amschel Rothschild
    For those who don’t know who the house of Rothschild and Co. are or history in general, and why any of this is even relevant, please do some research and educate yourselves.

  17. Al Bondiga Feb 26th, 2013 @ 11:08 | #17

    Politics in the US …
    Politics in the US are a facade, a dog and pony show, smoke and mirrors for the oblivious masses to keep everyone asleep. I’ve lost count of the endless times Obama has shat and continues to on our constitution with his ‘executive powers’ and people consider that fraud a messiah lol. To be fair Bush did the exact same. There are no two political parties, that whole deal is a joke. These past elections I would have voted for a ham sandwich if it had any substance, more than those two clowns.

  18. Al Bondiga Feb 26th, 2013 @ 11:08 | #18

    its an opportunist …
    its an opportunist problem.People in high places of power and control who come from generations upon generations of ancestors who also had ultimate power and control. These same groups/and or individuals have endless wealth and ownership networks which literally allow them to control everything. Economic and financial models are simply just a tool they use to stay in power and control the masses. Our economic system is obviously rigged and set to fail…even Adam Smith new that back in his time.

  19. johnmojo86 Feb 26th, 2013 @ 11:08 | #19

    Good lecture, but …
    Good lecture, but it could easely have been done in 10 min.

  20. Teabonesteak Feb 26th, 2013 @ 11:08 | #20

    Who controls the …
    Who controls the world? The answer is teenage girls.

  21. iCapitanOZ Feb 26th, 2013 @ 11:08 | #21

    yes i mean it. …
    yes i mean it. thanks to dr.dre for sending me rockin solo headphone. Listen, make sure you tell the address and email properly to send the giftbox. its worth a try here >>> bit.ly\13d25vI

  22. epicnidhogg Feb 26th, 2013 @ 11:08 | #22

    yea baby!
    yea baby!

  23. princeofexcess Feb 26th, 2013 @ 11:08 | #23

    what exactly did …
    what exactly did you love? 

  24. princeofexcess Feb 26th, 2013 @ 11:08 | #24

    This is a …
    This is a political problem Not an economical one.

  25. princeofexcess Feb 26th, 2013 @ 11:08 | #25

    yea its self …
    yea its self organizing. Power begets power. Thats why constitution was designed to divide the power and prevent limitless growth of government. Alas, Constitution is just a piece of paper when its not being followed. All forms of government eventually lead to the top few controlling the masses. This is nothing new, its just the data to support it.

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