In 1999, 447 billionaires had wealth greater than the income of one half of humanity. 100 multinational corporations control one-fifth of all foreign-owned assets in the world. Due to the trend in mergers and acquisitions, this concentration of wealth and power is increasing.
The major decisions about the global economy are made by a very small number of people of major industrialized countries. Other countries accept this control of their existence, and see as alternatives working within the system or giving up on having any impact on the economy.