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.
Media Consolidation
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
Valuable.
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.
Now.
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.
Interesting
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.
...
Great point.
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!
BFL
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)
Citigroup (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.
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