The Rise of Supermoney in World Politics

Chen Yu

No 6nqtf, Thesis Commons from Center for Open Science

Abstract: "The Rise of Supermoney in World Politics" examines the escalating influence of an elite group of wealthy individuals, multinational corporations, and financial entities on the global political and economic landscape. This article traces the historical evolution of financial power, identifying key milestones that have led to the emergence of Supermoney - a term used to describe entities with significant financial resources and global influence. Through a comprehensive analysis, the article delineates the mechanisms through which Supermoney exerts influence, including financial investments, policy lobbying, philanthropic endeavors, and technological innovation. Looking ahead, the article discusses potential scenarios for the increasing influence of Supermoney, highlighting the role of regulation, international cooperation, and the opportunities and challenges this influence presents. The conclusion underscores the dual nature of Supermoney's rise, acknowledging its potential to contribute to global good while also cautioning against the risks of power concentration, economic disparities, and the undermining of democratic governance.

Date: 2024-04-15
New Economics Papers: this item is included in nep-fdg, nep-his and nep-hme
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Persistent link: https://EconPapers.repec.org/RePEc:osf:thesis:6nqtf

DOI: 10.31219/osf.io/6nqtf

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