Concentrated Power in a Global Economy

Title: Concentrated Power in a Global Economy
Date: 2008-04-16
Speaker: David Rothkopf (Author)
Link: Entrepreneurial Thought Leaders
Assumption is the world is as it was.
All evidence suggests nation-states are waning in power.
Nations are built to focus within their borders.
Governments don’t work. Leave it to the markets.
Markets seek efficiency.
You get efficiency through scale.
Power is concentrated.
20/80 rule is reductive.
All ten of the world’s largest defense contractors reside in the U.S.
4,300 religions on the planet.
The middle class has shrunk in every country but India and China.
The top 10% of the people on the planet control 85% of its wealth.
The top 2% control 40% of the wealth on the plant.
Definition of superclass is people who have influence over the lives of millions of people, across borders, on a regular basis.
Gender and geography are destiny in the global power structure.
Luck is destiny.
All things aren’t equal.
The real nature of power is skewed. It is disproportionate.
Globalization is happening. The question is what are you going to do with it? How are you going to make it work?
You have to put in checks and balances.