Yet at the same time, this worldwide decentralization and fragmentation of the production process has taken place alongside the centralization of command and control of the global economy in transnational capital.
But the betting on Wall Street is that controlling shareholder Sumner Redstone will remain in command and control of the global media and entertainment content provider, which was spun out of CBS CBSS) at the end of 2005.
Neopost Inc., the French company that is Pitney's main competitor overseas, just bought Ascom Hasler, a Swiss company, and together they command 25percentt of the global postage meter market.
New York, for instance, is one of the command centers of the global economy a glittering city of wealth, high-finance, and corporate headquarters, staffed by highly skilled and well-paid executives.
The bright spot was Nokia's world-beating handset division, which commands 38percentt of the global market.
Why are the commanding heights of the global economy predominantly in the hands of investor-owned companies – and not run by co-ops operating for the benefit of their members?
It commanded 8.3percentt of the global market, according to the research firm IDC, ahead of Acer's 7.2percentt but just slightly more than half of second-place Dell's 16.1percentt.
According to November data released by the research firm IDC, the Chinese electronics manufacturer Huawei commands 14percentt of the global smartphone market compared to Apple's 13.2percentt, continuing a two-quarter streak of besting Apple as the world's number two smartphone supplier.
Gone is the unipolar moment with the United States sitting unchallenged atop the commanding heights of the global system.
As they perceive themselves to be standing on the commanding heights of the global economy, it's unlikely they really believe, as Foreign Minister Yang told us on Saturday, that "China and the U.S. share broad common interests".
