Skip to comments.10 Corporations Control Nearly Everything You Buy
Posted on 11/03/2013 6:51:15 AM PST by Kaslin
PolicyMic has a very interesting chart that shows how 10 Corporations Control Almost Everything You Buy.
click on chart for huge image
The chart was posted on Reddit as illusion of choice. I could not locate the original source.
PolicyMic explains ...
Ten mega corporations control the output of almost everything you buy; from household products to batteries.
These corporations create the chain of supplies that flow from one another. Each chain begins at one of the 10 super companies.
Here's just one example: Yum Brands owns KFC and Taco Bell. The company was a spin-off of Pepsi. All Yum Brands restaurants sell only Pepsi products because of a lifetime deal with the soda-maker.
$84 billion company Proctor & Gamble owns companies that produce everything from detergent to toothpaste. Unilever produces everything from Dove soap to Klondike bars.
It's not just the products you buy and consume, either. In recent decades, the very news and information that you get has bundled together: 90% of the media is now controlled by just six companies, down from 50 in 1983, according to a Frugal Dad infographic from last year.
It gets even more macro, too: 37 banks have merged to become just four JPMorgan Chase, Bank of America, Wells Fargo and CitiGroup in a little over two decades, according to this Federal Reserve map.
The nation's 10 largest financial institutions hold 54% of our total financial assets; in 1990, they held 20%. As MotherJones reports, the number of banks has dropped from more than 12,500 to about 8,000.
Everything You Think, Read, or Say
I always try to find a link to the original source, but none of the links to a Frugal Dad article work.
Regardless anything you read, watch, or buy is in the hands of fewer and fewer companies. The same applies to banks.
This is another reason we need an independent news network. One is actually in the works, started by Jeremy Scahill, National Security Correspondent for The Nation magazine, and Glenn Greenwald who broke the NSA spy story.
For details, please see War Against Journalists; "We Hit the Jackpot"
Question of the Day
How long will it be, before everything to think read or say is in the pill you took today?
Link if video does not play: Zager And Evans
Which of those companies make things in America?
Which of those things have exported American jobs, to China?
Support the companies which make things in America. Strongly.
As for making things in China?
To heck with anything having to do with those company.
Bring back American jobs.
In a FREE market within a FREE society, such consolidation opens the door for upstart competition.
In a fascist society, of course, the new ventures cannot overcome the regulatory advantages enjoyed by the government approved monopolies.
As of October 31, 2013.
You would rather the government provide these products? The problem is the government creates a regulatory environment in which only very large corporations can afford to comply while at the same time fulfilling all market demands.
Anyone who has taken a good look at the back label or considered taking part in a boycott has figured this out pretty quickly.
Consider this for a moment, all these products are concentrated in the hands of ten corporations, but as near as I can tell, they seem to be in competition with each other. Coca cola and PepsiCo, Nestle and Mars, etc.
Obama has made a number of moves (often revolving around fear of Climate Change) which extend federal control over land and food production.
With just a few companies (10), if the government decides to nationalize food production, it wouldn't be hard. Regulations consolidate economic activity in the hands of a few, then legislation allows the government full control of what has been consolidated.
We are watching this play out right now, just not (yet) with the big food companies.
With just a few companies (10), if the government decides to nationalize food production, it wouldn’t be hard. Regulations consolidate economic activity in the hands of a few, then legislation allows the government full control of what has been consolidated.
We are watching this play out right now, just not (yet) with the big food companies.
Hugo Chavez is thrilled!
Eat real food and you barely encounter those corporations at all.
Yes, precisely. This chart should be tattooed on the inside of every conservative’s eyelids and actions taken from its implications. Capitalism has a negative side- it tends towards monopolism which is fascism. Too big to fail is fascism. See the list of fascist banks below. That’s what happens when you trounce the competition. A really really smart capitalist will only weaken the competition to the point that it has to innovate to overcome its disadvantages. This drives the market into new areas and keeps you honest. Capitalism is NOT warfare, it is DISCOVERY.
Break these fascist globalist b@stards up today, reinstate Glass Steagall now!
Bank of America (US)
Bank of New York Mellon (US)
Goldman Sachs (US)
J.P. Morgan (US)
Morgan Stanley (US)
State Street (US)
Wells Fargo (US)
BNP Paribas SA (France)
Banque Populaire (France)
Crédit Agricole SA (France)
Société Générale SA (France)
Barclays PLC (UK)
HSBC Holdings PLC (UK)
Lloyds Banking Group PLC (UK)
Royal Bank of Scotland PLC (UK)
Mitsubishi UFJ FG (Japan)
Mizuho FG (Japan)
Sumitomo Mitsui FG (Japan)
Commerzbank AG (Germany)
Deutsche Bank AG (Germany)
UBS AG (Switzerland)
Credit Suisse AG (Switzerland)
Dexia SA (Belgium)
Bank of China (China)
Unicredit Group SA (Italy)
ING Groep NV (Netherlands)
Banco Santander SA (Spain)
Nordea AB (Sweden)
I see you have read Von Mises’ book “Socialism”.
I’m on page 430, and am still shocked by how accurate he was.
Also, only two or three credit companies.
Nestle is a Swiss company
The Nation magazine is a hard left Bolshevik rag. They actually think that the media is too right wing so they want to start another “independent” one. Wow, just wow.
Damned Capitalists. Hang them all.
“Bring back American jobs. Now.”
Corporations make things where they have less risk. All decisions are risk based. The United States government has become hostile to producers at all levels. The EPA, OSHA, laws giving government paid attorneys to minorities so they can sue companies and a host of other agencies and issues have combined to increase the risk of operating in the united states.
Moving off shore is not really a pay issue, as operating overseas has hidden costs that subtract from profit; quality, safety, language, travel, etc. So, jobs would return automatically if we could get the government out of the companies’ shorts.
Budweiser is not on the list.
“In a fascist society, of course, the new ventures cannot overcome the regulatory advantages enjoyed by the government approved monopolies.”
Capitalism and small business thrived in the 18th and 19th centuries before the federal government assumed primacy over the governments of the individual states. The federal government’s expanded definition of the Constitution’s commerce clause in the 20th and 21st centuries has allowed it to bestow national monopoly or oligopoly status to favored companies through the regulatory process.
While the chart is pretty and enlightening, I would much rather have a list that can be searched. If I am looking for who owns a certain fast food chain, it is going to take a while to find it.
Also, the implication of this chart is that Mrs. RWA and I buy mostly food, especially fast food, snacks, soft drinks, and bathroom supplies. Not the reality. It also doesn’t give any idea of market share.
It needs to be updated to show Mondelez.
If they’re gonna be AFL-CIO jobs then I’d just as soon not bring them back.
Larger less diverse units are easier to control from outside.
Obamacare should do a wonderful job of strangling new businesses before they ever have the chance to become household names.
I don’t see Chef Boyardee on that chart! (LOL— it’s owned by ConAgra).
Hard to tell whether this is helpful information, or just another stab at big business. The chart doesn’t show how much autonomy the smaller brand companies have, how many of their employees are U.S. residents and/or citizens, how much or how little they import from China and elsewhere, who they get their resources from, et cetera.
Budweiser, one of the major food groups for under-40s, is owned by Anheuser-Busch, which is owned by InBev, a Belgian-Brazilian holding company.
Just go to Bing.com and enter the name of the brand with the word "wiki" after it, such as "Burger King wiki." Chances are you will get the answer in one click, or at most you will have to do one more click to the Wikipedia page, which in most cases tells the ownership history on each major brand's page.
Mondelez is a division of Kraft.
OUTSTANDING post BUMP!
I don’t see Berkshire Hathaway on that chart. They own too much not to be included.
Nut-job Conspiracy Theory Ping!
To get onto The Nut-job Conspiracy Theory Ping List you must threaten to report me to the Mods if I don't add you to the list...
What idiots. What utter clowns.
‘Can’t see the forest for the trees’ is an understatement.
The consolidation of media companies is patently no problem.
The consolidation of the media’s paymasters IS. These “10 corporations” are the media’s audience. The advertisers that determine what the media will be paid to show.
So their soluton is more regulation to reduce competition and more non-commercial, government-directed, media.
Why are you hyping leftist agitprop and planned ant-American media?
The chart is all “consumer products”.
BH is more into insurance, industrial, etc although they do have Dairy Queen, Fruit of the Loom, and some others.
But consumer products is a fairly small slice of BH.
“This is another reason we need an independent news network. One is actually in the works, started by Jeremy Scahill, National Security Correspondent for The Nation magazine, and Glenn Greenwald who broke the NSA spy story. “
So you are hyping ultra leftist anti-American planned “independent” media?
I know, right? Thankfully, I had to look really hard to find any brand I use, and those are not a commitment. There is little there that I use, and none of it that I couldn't do without.
What about Smucker’s? In addition to items with their label they own Jif, Wesson, Pilsbury, Martha White, and several other divisions like this.
Words of reality re the fascists, who control so much of America and the rest of the world.
“In a FREE market within a FREE society, such consolidation opens the door for upstart competition.
In a fascist society, of course, the new ventures cannot overcome the regulatory advantages enjoyed by the government approved monopolies.”
I was startled years ago when Clintoon invited the Chicom leader over to mingle with our top CEO’s.
It was an eye opener to see these guys fawning over the Clintoons and clamoring to get in line to kiss the head Chicom’s butt.
Most of these CEO’s then and now are card carrying rats and many have deep pockets to finance the elections for their rat buddies.
There's certainly a good reason why these ten companies might dominate their markets: They're very, very good at what they do.
Having worked extensively with both Procter & Gamble and Frito-Lay (PepsiCo), I can attest to their commitment to product quality/performance and consumer value. They have justifiably earned their position in the marketplace by doing a better job than their competitors.
Correct. In the olden days of feudalism, the monarch granted individuals charters for large business endeavors. Financial success bred loyalty to the monarch. We do a similar thing today with regulation. History continuously repeats itself.
The article is not entirely accurate, but why/how can these corporations alledgedly do this? It would be impossible without the assistance of the federal government. Our state and locals are often equally complicit.
Try selling baked goods without an approved industrial kitchen. Try selling any food goods without such investment. I cannot sell meat except on the hoof, unless I have a federally approved slaughter facility with a federal meat inspector paid for at my expense. And, technically, according to the new food safety bill I should not be doing that. Funny how electric cars do not have to comply with the same safety requirements as the rest of the vehicles and nearly any idiot can produce an electric vehicle for sale, but not an internal combustiun vehicle. And corporations love this, because they have the resources to have laws written that are in line with their way of doing business. They essentially legislate out the competition.
Abolish the FDA, EPA, the Fed reserve, wipe all the laws off the books that prevent small business form competing and you’ll see a turn around in the economy and employment.
Budweiser is owned by Stella Artois Breweries of Belgium.
And Unilever is a Dutch company.
I don’t want to sound too harsh on you. This is a great graphic and I appreciate you posting it.
See okie01’s post #42.
The chart is concerned with consumer goods -- i.e., brands you'd find in a supermarket.
Berkshire Hathaway is not a consumer goods company.
Private corporations making money is the least of our problems. The largest business conglomerate in America is the federal govt.
Limit and control the feds properly and the problem of govt interfacing too closely with private industry can be handled easily.
“Eat real food and you barely encounter those corporations at all.”
My wife and I go into a mild depression at about this time every year, and it “ain’t” just going off daylight savings time back to standard time.
We are hooked on our great farmer’s market, and when it closes on the last Saturday in October, we really miss it.
Fortunately, we and others have convinced a couple of the bigger growers to open stands on their farms and to sell their produce until our first hard freezes, usually right after Thanksgiving.
My wife before and after her recent full retirement has gotten into the container/water troughs, small garden crops. We will be eating our last home grown tomatoes this week. We have a Blackjack miniature fig tree that is still producing, our persimmon tree will get new cousins this coming spring, and our Myer Lemon tree is going full bore.
My wife raises most of the herbs, she uses, in pots on our deck and around my charcoal grill.
It is amazing how much fresh and great produce, she raises each spring and summer with 1 large trough and 2 smaller ones.
My wife has been consulting with local experts what to plant for late fall winter re root vegies/greens in her soon be crop vacant watering troughs.
One of our younger relatives is a great bow hunter. Yesterday, he dropped off over a 100 #’s of elk, to go with the venison and wild boar he gave us earlier this year, which is in our small freezers. He keeps us supplied with wild duck and geese in Dec/Jan. We will probably share some more wild boar early next year, when he hunts wild pig again.
Besides be incredibly delicious, the wild game is extremely filling. About 4 ounces for her and 6 ounces for me is enough for a meal, and we stay satisfied until the next meal time.
Besides being the center piece/entrée for a meal. We use the game for tacos and fajitas and Asian dishes. I make stews with the meats that would be a little on the tough side if grilled or fired in the ovens.
Our Thanksgiving Turkey, Christmas prime rib and Easter Lamb is fresh and comes from local producers. A good local super market pre orders it and does the butchering that is needed.
In closing we are thankful for what we have to eat and are amazed at so many locals saying the farmers markets are too expensive. These people are stunned when we tell them that we buy about $50+ twice a week. The produce/fruit becomes the center piece and often desert with the game or local critters becomein side orders.