Economic imbalances and social inequality risk reversing the gains of globalization, warns the World Economic Forum in its report Global Risks 2012. These are the findings of a survey of 469 experts and industry leaders who worry that the world’s institutions are ill-equipped to cope with today’s interconnected, rapidly evolving risks. The findings of the survey fed into an analysis of three major risk cases: Seeds of Dystopia; Unsafe Safeguards and the Dark Side of Connectivity. Report also analyses the top 10 risks in five categories – economic, environmental, geopolitical, societal and technological.
Tip of the Hat to Berto Jongman.
Phi Beta Iota: The report fails to address the absence of both intelligence and integrity among all “institutions” be they public or private. This is the entire point of the global Occupy movement. This is also the entire point of this website, which predates Occupy by some time.