Source Edge:

The second globalization debate is now upon us, and it’s no longer just an academic debate. It’s in the streets, as we know since Seattle, since the meetings in Washington, since the carnival against capitalism in London, and similar kinds of events all over the world.

EdgeVideo Anthony Giddens(5 min.)
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by John Brockman

Though the notion that we live in an era of unprecedented globalization is becoming increasingly evident, that change is more often than not attributed exclusively to the convergence of technology with the financial markets. But too often in these discussions, the larger point is missed: that we have a historic opportunity. As Anthony Giddens, director of the London School of Economics, writes, “we have the chance to take over where the 20th century failed, and a key project for us is to drag the history of the 21st century away from that of the 20th.”

According to Giddens, “the driving force of the new globalization is the communications revolution,” and beyond its effects on the individual, this revolution is fundamentally altering the way public institutions interact. Giddens uses the idea of risk as an essential component of this future-oriented environment, asserting that scientific innovation explores “the edge between the positive and negative sides of risk.” Risk management, then, becomes a necessary a field of analysis. (see more here)