In the Time of the Shadow Bankers

 Excerpt:
US Corporate Tax ‘Inversions’ and the New Global Finance Capital Elite

This elite is deepening its control of nonfinancial companies and are increasingly directing those companies increasingly toward profits growth from financial manipulation as the primary corporate activity—in this case ‘inversions’ and corporate mergers and acquisitions activity.
Instead of making profits by making real things that require real investment and the employ real people, the focus of global capitalism is increasingly toward more financial asset investment—i.e. investment that produces even quicker, more lucrative profits growth than old fashioned ‘real’ investment that makes things that creates jobs and income for people to buy the things.
Global capitalism is growing progressively less interested in making things for profit than it is in generating forms of money capital as profit. Those engaged in financial asset investment (i.e. financial elite) are therefore accruing an ever larger share of global income and wealth for themselves, while those who were once participating in investment producing goods are finding their share of income in steady relative decline.
Global shadow banks now control more than $70 trillion in investible assets, according to such ‘radical’ sources as the Financial Times global periodical. And very high net worth investors, about 200,000 individuals worldwide with annual income flows of $30 million or more from existing assets—i.e. the new global finance capital elite—now own close to half of that $70 trillion in investible assets. And their assets are projected to rise another $10 trillion by 2017.
The rest of this very important information  here.