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Works of Radical Imagination

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A look at the top 300 most powerful players in world capitalism, who are at the controls of our economic future.

Who holds the purse strings to the majority of the world's wealth? There is a new global elite at the controls of our economic future, and here former Project Censored director and media monitoring sociologist Peter Phillips unveils for the general reader just who these players are. The book includes such power players as Mark Zuckerberg, Bill Gates, Jeff Bezos, Jamie Dimon, and Warren Buffett.

As the number of men with as much wealth as half the world fell from sixty-two to just eight between January 2016 and January 2017, according to Oxfam International, fewer than 200 super-connected asset managers at only 17 asset management firms—each with well over a trillion dollars in assets under management—now represent the financial core of the world's transnational capitalist class. Members of the global power elite are the management—the facilitators—of world capitalism, the firewall protecting the capital investment, growth, and debt collection that keeps the status quo from changing. Each chapter in Giants identifies by name the members of this international club of multi-millionaires, their 17 global financial companies—and including NGOs such as the Group of Thirty and the Trilateral Commission—and their transnational military protectors, so the reader, for the first time anywhere, can identify who constitutes this network of influence, where the wealth is concentrated, how it suppresses social movements, and how it can be redistributed for maximum systemic change.

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“Adam Smith warned that the “masters of mankind” will pursue their “vile maxim: All for ourselves, and nothing for other people.” There could hardly be a more apt description of the recent era of savage capitalism, straining for new heights under cover of Trump’s antics. Who exactly are the masters? This remarkable inquiry lifts the veil, providing detailed and often shocking revelations about the astonishing concentration of private wealth and corporate power, its institutions and integrated structure—and not least, its threat to civilized and humane existence.”

“Peter Phillips' book is a timely reminder that as the transnational capitalist class/global power elite changes it is vital that critical researchers keep up with these changes. The reader will find impressive documentation of the institutions and personnel driving capitalist globalization in its destructive and relentless search for growth and profits.”

Giants answers, in great detail, the commonly-asked but little-known question: who really pulls the strings? This book outlines the handful of individuals who manage the most powerful think tanks, investment firms and corporate boards who make society’s decisions at the expense of the planet. . . . Giants is an essential tool to understand those at the reigns of empire and capitalist hegemony, so we can be empowered to fight for our survival.””

“For anyone who wants to know precisely where we are today, and why—and who knows that we can and must go somewhere else—Giants is a book to read, and recommend, right now.”

“It’s quite possible our future as a species on the planet rests in large part on how well we understand the ambitions and networks of the global power elites Phillips exposes in Giants, and whether we mobilize and act to confront them.”

“If you want to know who is actually ruling the world—read this book. If you want to know the organizations they use and the networks that create them—read this book. If want to know what needs to be done to stop them from destroying the planet—read this book and then take action.”

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Peter Phillips, director emeritus of Project Censored and president of the Media Freedom Foundation, is an associate professor of sociology at Sonoma State University. Known for his op-ed pieces in the alternative press and independent newspapers nationwide, such as Z magazine and Social Policy, Phillips is also the winner of the 2009 Dallas Smythe Award, presented by the Union for Democratic Communication. He lives in Southern California.

Other books by Peter Phillips