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The term originates from the Greek (dēmokratía) “rule of thepeople”, which was coined from (dêmos) “people” and (kratos)“power” (Wikipedia).
43,000 Transnational corporations (TNC) among OECDcountries are controlled by 737 entities. Among this 737 TNC,147 of them control 40% of the wealth. And finally among thiselite of 147, 50 are ‘bundled’ in a super-entity.Study – The network of global corporate controlhttp://arxiv.org/abs/1107.5728
More than half of the 71 members of Forbes’ list of theWorld’s Most Powerful People attended the same 11 schools.http://www.forbes.com/sites/davidewalt/2012/12/05/power-factories
‘Lobbyism & revolving door result in a loss ofdemocracy in decision-making’ (Alter-Eu) – (chartsfrom OpenSecrets)http://www.opensecrets.orghttp://www.alter-eu.org
Top #1 world spending are for military purposeshttp://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures(Eradicate hunger worldwide may cost up to $30 Bn.)
Top #2 world spending are for advertising purposeshttp://www.crowdscience.com/2011/09/show-me-the-stats-global-advertising-market-size-in-2011(Eradicate hunger worldwide may cost up to $30 Bn.)
States budgets V Companies profits: top TNC (mainly oil & finance) arebigger than lots of countries.http://en.wikipedia.org/wiki/List_of_government_budgets_by_countryhttp://www.forbes.com/global2000
‘The Supreme Court has given corporations the same rights, withregard to free speech, that we have as a citizen’http://backstabberreport.com/5-supreme-court-justices-backstab-american-citizens-with-corporation-campaign-finance-law
Is democracy a pyramid? Is that what you feel inside? Really?http://rwer.wordpress.com/2011/10/28/the-global-wealth-pyramid
Tax havens degrade our faith in democracyhttp://www.tackletaxhavens.com/the-problems/city-of-london/http://www.tackletaxhavens.com/the-problems/usa/http://www.tackletaxhavens.com/the-problems/delaware/
He described corporatocracy as a collective composed of corporations,banks, and governments. This collective is known as what author C WrightMills would call the Power Elite. The Power Elite are wealthy individuals whohold prominent positions in Corporatocracies. These individuals control theprocess of determining societys economic and political policies (Wikipedia)
democracyIt may not mean what you think it means