The "crisis of governability" in Western democracies caused by the unprecedented globalized flow of goods, services, and capital has been well documented by political scientists.
But most of the powerful forces, good and evil, of our new century are borderless, globalized — the almost unimpeded global flow of information (images, ideas, news, music, movies, emotions, hatreds), products, commodities, capital, environmental pollution, climate change and terrorism.
State and local zoning protections and tax benefits hardened around homeownership beginning the 1970s and are now intersecting with a widening income distribution and rapid globalized capital flows in a near zero-interest rate world.
As the pace of change in the developed world -- embodied by the Davos set -- has rocketed, buoyed by globalized trade and currency flows, by soaring stock valuations and the stunning wealth created by America's record growth, much of Africa has, at best, stood still.
In a globalized society with rapid flows of population, goods and information, any simple generalization at a community level is not enough to analyze the complex intersections of the current world system.
Unlike previous times in history, the world-wide capital flows of globalized world have forced nations that might be rivals to also be dependent on each other.
We live in an increasingly globalized and globalizing world.
And the way the world has evolved -- a world with a true globalized economy and an instantaneous flow of information -- things will change even faster.
We now live in a globalized and connected world where information flows at the speed of light.
