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Global elite
The global elite is a loosely defined term used to describe the richest and most powerful people in the world.[1] The term is often applied to the "politicians, central bankers, chief executives and lesser mortals"[1] who gather at the annual World Economic Forum in Davos, Switzerland (WP);[2][3][4] traditionally held near the end of January.[5]
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Overview[edit]
The "elite" is partly defined by wealth, featuring the world's millionaires and billionaires. Some of them work for large corporations such as JPMorgan Chase, Goldman Sachs, and Bank of America.[6] Others include successful entrepreneurs in the emerging markets of India (WP) and the (WP).[7] Due to an Internet-connected society that is growing at a rapid pace despite recent economic woes, East Africa (WP) is also reaching the top list of global economic relevance.[7] Many millionaires can be found in that region; especially in South Africa (WP).[8] Members of the "global elite" may tend to be insular and benefit from unregulated Wikipedia:capitalism.[7] Some of them may form a "transnational leisure class,[9]" sometimes depicted as "the beautiful people," whose influence manages to transgress the boundaries of nations that they visit in order to form a worldwide social group based on a "trinity" of glamour, wealth and power.[9]
In the wake of the Wikipedia:late-2000s recession, a separate economy for the global elite has appeared to have recovered while the economy for the working class is still under large elements of turmoil.[10] Innovations made by the elite corporations (i.e., the successful search engine Google (WP), the multinational electronic commerce site Wikipedia:Amazon.com and the Wikipedia:iPhone line of smartphones - which sold more than 37 million units in the first four months of 2012) improved the lot of the working class people while granting their creators significant levels of wealth.[10] Most of the Internet elites are highly educated people who made their own wealth.[10] They have a tendency to hold a mixed set of feelings towards their peers who have failed in their education.[10] The super-rich are practically becoming their own nation, buying houses outside their country of residence, for example.[10]
The global elite are regarded by many as the "movers and shakers of the world economy,"[11] while others caution that their power over the world economy is very limited.[2] Conspiracists accuse them of using secretive societies like the Wikipedia:Bilderberg Group and the Wikipedia:Council on Foreign Relations to manipulate world events.[6]
See also[edit]
References[edit]
- ↑ 1.0 1.1 "48 hours in Davos mixing power and powder", Reuters, January 23, 2012
- ↑ 2.0 2.1 "The economics of politics", Financial Times, January 23, 2012
- ↑ "Global elite ponders a return from the brink", Irish Times, January 1, 2011
- ↑ "Global elite at Davos gives thumbs down to economic focus", Manilla Times, January 20, 2005
- ↑ World Economic Forum Annual Meeting 2012 Executive Summary document. (PDF) URL accessed on 2012-01-22.
- ↑ 6.0 6.1 It’s not a conspiracy! Elite controls global economy at RT.com
- ↑ 7.0 7.1 7.2 Working Wealthy Predominate the New Global Elite at NYTimes.com
- ↑ 10 African Millionaires to Watch at Forbes.com
- ↑ 9.0 9.1 "Global Elite: The New Class", Tri City Herald, October 21, 1968
- ↑ 10.0 10.1 10.2 10.3 10.4 The Rise of the New Global Elite at TheAtlantic.com
- ↑ "Davos guide: what you need to know about the World Economic Forum", The Guardian, January 21, 2012
