My homegirl work for Blackrock. I forgot what she do but she make pretty good money. Ask me anything and I’ll ask her
Can Somebody Help Me Understand “Blackrock” and How One Company OWNS the World?
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Black rock, state street, vanguard - all the same . They are issuers of some of the largest etfs in the world with many billions of dollars of aum. They usually forgo the voting rights that come with holding that many shares with individual companies. On occasion they will exercise them but yeah. They have to hold shares of A lot of companies all over the world because investors want a diversified approach and the more offerings they have the more potential fees they can collect on your private investments with them .
Yall will really run with any narrative presented by a YouTube video won’t you?
Interestingly enough, I just read yesterday that a Black Rock executive (I forgot his name but I can get the article if Coli heads want) is behind the push in France to break the pension fund and raise the retirement.
That news shocked the shyt outta me.
I've tried to repeat this to the bootlickers over and over. The entire system is built on the idea that people with more money get further and further ahead of people with less money.
This bullshyt about "Well you just need to learn the system and you can win too!" is blind to what the system is. Sure, some people by the right skills or luck can carve out a place. But that will never be true for MOST people in MOST situations, because the system is explicitly designed to not only keep the top people at the top but ensure they accumulate more and more of the total resources while they're there.
The nature progress of capitalism is for the wealthiest people to gain more and more resources and control until there's either a revolution or a huge crash.
TheKongoEmpire
A Wilsonian Garveyite
They're hiring? 
Gritsngravy
Superstar
This was inevitable, of course a computer would be making financial decisions, im sure every major country is trying to have they shyt set up the same way
I think financial institutions is supposed to be one of the main industries effected by ai
I think financial institutions is supposed to be one of the main industries effected by ai
Op, from what I've read about them, it isn't an industry, started as a group of rich folk, grew into a conglomerate, and they just purchase majority shares in big companies. So they "own" lots of the biggest businesses, without having to contribute anything, BUT, since they're majority owners, the companies kinda have to do whatever they say. So over time they've made industries develop tech, processes, products, etc, that only enrich, empower, and embiggen them, to the point where, like you said, they pretty much own everything.
Be Rittenhouse from Timeless, corporate bruhs
Be Rittenhouse from Timeless, corporate bruhs
Gritsngravy
Superstar
I doubt this is hidden/secret information, if we dug into the history of black rock we probably would find the same information
Godless Socialist CEO
Superstar
I was this years old when I learned that one company owns most of the world’s wealthWhen I asked ya’ll what the richest industry was I thought we all agreed it was the pharmaceutical industry. Right? RIGHT?!
NOPE. It’s somebody I barely heard of called Blackrock and apparently they own all the shares in most major pharma companies too.
How can they say it’s a free market if one group owns all of it. They are worth over trillions of dollars!!!!!!
Dude said most major world governments answer to them. Even world central banks.
How Sway?!
I never even heard of these fukkers!
Can one of you super smart, in the know individuals break this down for us serfs? I thought the IRS was the big beast, but apparently they answer to these mofos??!!!
Unregulated Capitalism is bad, news at 11
They are on Cash app. Shares going at something $669 per share. Would never have even known these fukker existed.They are a publically traded company.
Buy their stock, then u can be part of their evil world domination scheme
I got a high school friend that works at the Toronto office, been pestering him to help me get in for years now lol