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Podcast 62 - Blackrock, a new breed of financial monster
MP3•Episode home
Manage episode 327312011 series 2292011
Content provided by Socialist Correspondent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Socialist Correspondent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Blackrock is the biggest finance company in the world yet few will have heard of it and its trillions of dollars of assets. The immense power of this ‘shadow bank’ is based on its control over a vast network of interests, giving it a hold over almost every sector of the economy. In the US, BlackRock is the controlling shareholder of all the major banks, big pharma, oil and tech giants, agribusiness, airlines, automotive companies, arms manufacturers and the media. It represents a dangerous new stage in the monopolisation of finance capital, the high degree of which makes for tremendous instability.
…
continue reading
114 episodes
MP3•Episode home
Manage episode 327312011 series 2292011
Content provided by Socialist Correspondent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Socialist Correspondent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Blackrock is the biggest finance company in the world yet few will have heard of it and its trillions of dollars of assets. The immense power of this ‘shadow bank’ is based on its control over a vast network of interests, giving it a hold over almost every sector of the economy. In the US, BlackRock is the controlling shareholder of all the major banks, big pharma, oil and tech giants, agribusiness, airlines, automotive companies, arms manufacturers and the media. It represents a dangerous new stage in the monopolisation of finance capital, the high degree of which makes for tremendous instability.
…
continue reading
114 episodes
All episodes
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