Economist: Global Elite Superclass?


Economist
April 25, 2008

WHO rules the world? The most familiar answers to this question are so poisoned by paranoia that it is tempting to dismiss the question itself. If the Jews are so powerful, then why have they had such a dreadful time of things? If the men and women of Davos are so mighty, then why do they keep messing everything up?

Yet the fact that so many people give foolish answers to a question does not discredit the question. The rise of nation states produced national ruling classes. It would be odd if the current integration of the world economy did not produce new global elites—business people and financiers who run global companies and global politicians who steer supra-national organisations such as the European Union (EU) and the International Monetary Fund.

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