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Globalization"s Transformative Forces

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Quote of the Day
January 16, 2012

'... Today's globalization is characterized by two massively transformative forces: first, the free flow of capital and second, the global sourcing of goods and services, both of which play a key role in opening up the world. And, in their wake, globalization is being defined by a third force: our capacity to communicate instantaneously with anyone, anywhere in the world. Of course, there is a huge and as-yet-inconclusive debate about the difference new media made to the Arab Spring-but what is undeniable is that, with the Internet, mobile phones, Twitter, Facebook, and YouTube unlocking an infinite set of opportunities for people on one continent to talk to people on another, we can never return to the times a decade ago when, in many countries, sentries stood over fax machines to prevent outside influences from infiltrating their nation.

'And it is this, our ability to know, share, and compare knowledge and experience across old barriers and all frontiers, that is now showing it has the potential to radicalize a new generation.'