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Difference between revisions of "Global elite"

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The '''global elite''' is a loosely defined term used to describe the richest and most powerful people in the world.<ref name = "Reuters">[http://www.reuters.com/article/2012/01/23/uk-travel-davos-idUSLNE80M02420120123 "48 hours in Davos mixing power and powder"], Reuters, January 23, 2012</ref> The term is often applied to the "politicians, central bankers, chief executives and lesser mortals"<ref name= "Reuters"/> who gather at the annual [[Wikipedia:World Economic Forum|World Economic Forum]] in [[Wikipedia:Davos|Davos]], [[Switzerland]] [[Wikipedia:Switzerland|(WP)]];<ref name ="FT">[http://www.ft.com/intl/cms/s/0/d194471c-43dd-11e1-9f28-00144feab49a.html#axzz1kKqMQ9Lu "The economics of politics"], Financial Times, January 23, 2012</ref><ref>[http://www.irishtimes.com/newspaper/finance/2011/0128/1224288457728.html "Global elite ponders a return from the brink"], Irish Times, January 1, 2011</ref><ref>[http://news.google.com/newspapers?id=v7ljAAAAIBAJ&sjid=DSgMAAAAIBAJ&pg=1802,21525914&dq=global-elite&hl=en "Global elite at Davos gives thumbs down to economic focus"], Manilla Times, January 20, 2005</ref> traditionally held near the end of January.<ref>{{cite web|url=http://www3.weforum.org/docs/AM12/WEF_AM12_ExecutiveSummary.pdf |title=World Economic Forum Annual Meeting 2012 Executive Summary document |format=PDF |date= |accessdate=2012-01-22}}</ref>
 
The '''global elite''' is a loosely defined term used to describe the richest and most powerful people in the world.<ref name = "Reuters">[http://www.reuters.com/article/2012/01/23/uk-travel-davos-idUSLNE80M02420120123 "48 hours in Davos mixing power and powder"], Reuters, January 23, 2012</ref> The term is often applied to the "politicians, central bankers, chief executives and lesser mortals"<ref name= "Reuters"/> who gather at the annual [[Wikipedia:World Economic Forum|World Economic Forum]] in [[Wikipedia:Davos|Davos]], [[Switzerland]] [[Wikipedia:Switzerland|(WP)]];<ref name ="FT">[http://www.ft.com/intl/cms/s/0/d194471c-43dd-11e1-9f28-00144feab49a.html#axzz1kKqMQ9Lu "The economics of politics"], Financial Times, January 23, 2012</ref><ref>[http://www.irishtimes.com/newspaper/finance/2011/0128/1224288457728.html "Global elite ponders a return from the brink"], Irish Times, January 1, 2011</ref><ref>[http://news.google.com/newspapers?id=v7ljAAAAIBAJ&sjid=DSgMAAAAIBAJ&pg=1802,21525914&dq=global-elite&hl=en "Global elite at Davos gives thumbs down to economic focus"], Manilla Times, January 20, 2005</ref> traditionally held near the end of January.<ref>{{cite web|url=http://www3.weforum.org/docs/AM12/WEF_AM12_ExecutiveSummary.pdf |title=World Economic Forum Annual Meeting 2012 Executive Summary document |format=PDF |date= |accessdate=2012-01-22}}</ref>
 
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==Overview==
 
==Overview==
 
The "elite" is partly defined by wealth, featuring the world's [[Wikipedia:millionaire|millionaire]]s and [[Wikipedia:billionaire|billionaire]]s. Some of them work for large corporations such as [[Wikipedia:JPMorgan Chase|JPMorgan Chase]], [[Wikipedia:Goldman Sachs|Goldman Sachs]], and [[Wikipedia:Bank of America|Bank of America]].<ref name="rt">[http://rt.com/news/global-elite-economy-conspiracy-427/ ''It’s not a conspiracy! Elite controls global economy''] at RT.com</ref> Others include successful entrepreneurs in the [[Wikipedia:emerging markets|emerging markets]] of [[India]] [[Wikipedia:India|(WP)]] and the [[Wikipedia:People's Republic of China|(WP)]].<ref name="workingrich">[http://dealbook.nytimes.com/2011/01/25/working-wealthy-predominate-the-new-global-elite/ ''Working Wealthy Predominate the New Global Elite''] at NYTimes.com</ref> Due to an Internet-connected society that is growing at a rapid pace despite recent economic woes, [[East Africa]] [[Wikipedia:East Africa|(WP)]] is also reaching the top list of global economic relevance.<ref name="workingrich"/> Many [[Wikipedia:list of African millionaires|millionaires]] can be found in that region; especially in [[South Africa]] [[Wikipedia:South Africa|(WP)]].<ref>[http://www.forbes.com/sites/mfonobongnsehe/2011/11/16/10-african-millionaires-to-watch/ ''10 African Millionaires to Watch''] at Forbes.com</ref> Members of the "global elite" may tend to be insular and benefit from unregulated [[Wikipedia:capitalism]].<ref name="workingrich"/> Some of them may form a "transnational leisure class,<ref name="gbtnc">[http://news.google.com/newspapers?id=nWNhAAAAIBAJ&sjid=W4cFAAAAIBAJ&pg=1757,4775824&dq=global-elite&hl=en "Global Elite: The New Class"], Tri City Herald, October 21, 1968</ref>" 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.<ref name="gbtnc"/>
 
The "elite" is partly defined by wealth, featuring the world's [[Wikipedia:millionaire|millionaire]]s and [[Wikipedia:billionaire|billionaire]]s. Some of them work for large corporations such as [[Wikipedia:JPMorgan Chase|JPMorgan Chase]], [[Wikipedia:Goldman Sachs|Goldman Sachs]], and [[Wikipedia:Bank of America|Bank of America]].<ref name="rt">[http://rt.com/news/global-elite-economy-conspiracy-427/ ''It’s not a conspiracy! Elite controls global economy''] at RT.com</ref> Others include successful entrepreneurs in the [[Wikipedia:emerging markets|emerging markets]] of [[India]] [[Wikipedia:India|(WP)]] and the [[Wikipedia:People's Republic of China|(WP)]].<ref name="workingrich">[http://dealbook.nytimes.com/2011/01/25/working-wealthy-predominate-the-new-global-elite/ ''Working Wealthy Predominate the New Global Elite''] at NYTimes.com</ref> Due to an Internet-connected society that is growing at a rapid pace despite recent economic woes, [[East Africa]] [[Wikipedia:East Africa|(WP)]] is also reaching the top list of global economic relevance.<ref name="workingrich"/> Many [[Wikipedia:list of African millionaires|millionaires]] can be found in that region; especially in [[South Africa]] [[Wikipedia:South Africa|(WP)]].<ref>[http://www.forbes.com/sites/mfonobongnsehe/2011/11/16/10-african-millionaires-to-watch/ ''10 African Millionaires to Watch''] at Forbes.com</ref> Members of the "global elite" may tend to be insular and benefit from unregulated [[Wikipedia:capitalism]].<ref name="workingrich"/> Some of them may form a "transnational leisure class,<ref name="gbtnc">[http://news.google.com/newspapers?id=nWNhAAAAIBAJ&sjid=W4cFAAAAIBAJ&pg=1757,4775824&dq=global-elite&hl=en "Global Elite: The New Class"], Tri City Herald, October 21, 1968</ref>" 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.<ref name="gbtnc"/>
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[[Category:Oligarchs]][[Category:Political terms]][[Category:Political science terms]][[Category:Social classes]][[Category:Social status]][[Category:Globalization]][[Category:Conspiracy theories]][[Category:The less than 1%]]
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[[Category:Oligarchs]][[Category:Political terms]][[Category:Political science terms]][[Category:Social classes]][[Category:Social status]][[Category:Globalization]][[Category:Conspiracy theories]][[Category:The less than 1%]]]][[Category:Articles nominated for deletion on Wikipedia (AfD)]]

Latest revision as of 08:47, 22 March 2012

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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Global elite

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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]

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