James B. Glattfelder: Who controls the world?

The video discusses the limitations of current economic models and their role in financial crises. It introduces complexity science as a potential solution, highlighting the difficulty of mapping complex systems into mathematical equations. The video explores the concept of emergence and the use of networks to study complex systems, particularly in economics. A study on global corporate control networks reveals significant control by a small number of entities, posing systemic risks. The video concludes with a call for more research and a move away from ideological biases.

What are the serious limitations of existing economic and financial models as discussed in the text?

How does the speaker relate the understanding of complex systems to the field of economics?

What is meant by the term 'emergence' in the context of complex systems?

What findings were revealed in the study 'The Network of Global Corporate Control'?

How does ownership relate to control in the context of transnational corporations?

How does the analogy of water flowing in pipes relate to control in ownership networks?

What are the potential consequences of the findings presented in the study regarding global corporate control?

What implications does the high degree of interconnectivity among top shareholders have for systemic risk?

In what ways does the speaker suggest that the complexity perspective can help in understanding finance and economics?

What does the speaker mean by saying that reality is complex and we need to move away from dogma?