Global Power Project, Part 4: Banking on Influence with JPMorgan Chase

Meet the Elites at the Biggest & Most Connected Bank In May, JPMorgan Chase was listed as the largest bank in the world with assets at roughly $4 trillion — some $1.53 trillion of it in derivatives. This was reported a month after the announcement that the bank had posted a record first-quarter profit of […]

Global Power Project- Part 3: The Influence of Individuals & Family Dynasties

“Dynastic power was and remains largely wielded in the corporate and financial sectors.” Dynastic power, embedded in the institution of “family,” has been with humanity for as long as empire: ancient Egypt, Greece, Rome, China, the European empires and beyond. With the rise of capitalism, finance and corporations, formal political dynasties became less relevant to […]

Global Power Project, Part 2: Identifying the Institutions of Control

In an article for the journal International Sociology, William K. Carroll and Jean Philippe Sapinski examined the relationship between the corporate elite and the emergence of a “transnational policy-planning network,” beginning with its formation in the decades following World War II and speeding up in the 1970s with the creation of “global policy groups” and think tanks […]