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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
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
References
- ↑ 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
