October 18, 2013
According to the Global Slavery Index (GSI), has published a report stating that three quarters of the world, which translates to 29.8 million people, are living in modern global slaves.
The overall tone of the report asserts that with more governmental oversight, stricter laws enforced and political over-reaching control, the threat of modern slavery can be abolished.
Women, ethnic groups and children are forced into bondage and deemed worthless by social perception and therefore receive less community protections.
In America, although the modern slave rate is estimated at 0.02%, that still translates to 5,000 US citizens being indentured servants. In the entirety of the GSI definition of slave, there are 60,000 Americans alone who fall under this category.
India was estimated as having 14 million human slaves which could also be understood as the population of the state of Pennsylvania as being modern slaves.
GSI “provides a ranking of 162 countries, reflecting a combined measure of three factors: estimated prevalence of modern slavery by population, a measure of child marriage, and a measure of human trafficking in and out of a country.”
The countries with the highest incidents of modern slavery include:
Nations with the highest numbers of enslaved people include:
Shockingly, in some countries, 4% of the population are enslaved wherein the majority of children born in those regions are born into slavery; used or sold by their own parents.
In Mauritania, 1 out of 25 citizens are in some form of indentured servitude.
Unlike the image of slaves we have been given from the past, modern slaves are understood as people forced into labor, prostitution, child soldiers, child brides; as well as indentured servitude and humans are chattel under absolute ownership.
The report states that the cause of these conditions is trends such as:
- Developed nations have lowest slavery rates
- “Effective government policies, rule of law, political stability and development levels” reduce probability of slavery
- Severe governmental punishment of those perpetrating the feudal conditions deter those who might enslave others
The cause of the problem could be found in a study released by the Swiss Federal Institute last year.
This report entitled, “The Network of Global Corporate Control” proves a small consortiums of corporations – mainly banks – run the world. A mere 147 corporations which form a “super entity” have control 40% of the world’s wealth; which is the real economy. These mega-corporations are at the center of the global economy.
The banks found to be most influential include:
• Goldman Sachs
• JPMorgan Chase & Co
• Vanguard Group
• Deutsche Bank
• Bank of New York Melon Corp
• Morgan Stanley
• Bank of America Corp
• Société Générale
However as the connections to the controlling groups are networked throughout the world, they become the catalyst for global financial collapse.
James Glattfelder, complex systems theorist at the SFI explains: “In effect, less than one per cent of the companies were able to control 40 per cent of the entire network.”
Using mathematic models normally applied to natural systems, the researchers analyzed the world’s economy. Their data was taken from Orbis 2007, a database which lists 37 million corporations and investors. The evidence showed that the world’s largest corporations are interconnected to all other companies and their professional decisions affect all markets across the globe.
George Sudihara, complex systems expert for SFI claims that this phenomenon is a common structure that could be found in nature. Comparing the manufactured reality of the financial markets to the ecosystems of the planet, Sudihara says that although the 147 corporations that rule the world through influence and interconnectedness are no more harmful than the natural cycles of our weather or animal kingdoms.
Yet because of the facts presented in the study, the financial crash of 2008 can be traced back to these tightly-knit networks. Future disasters can also be projected based on this analysis because of the “connectedness” of these influential entities which are only 147 corporations.
It is suggested the global capitalism could be a useful tool to make the markets more stable by simply acquiescing to control by the technocrats. The world’s transitional corporations (TNCs) guide the flow of all economies through influence and manipulation which created a structure of economic power.
Most corporations are guided by the shareholders who use the companies to wield incredible power over the shift of economic consciousness. And the behavior of the system reflects the direction taken by those who fund the super entities.
Assumed by many that there was a complex architecture to the global economic power that caused financial systems to ebb and flow or crash and burn is not a scientific fact as evidenced in this study.