The Downside To Curing Smallpox
Professor Ian Goldin explains the emergence of systemic fragility in our new globalized economic structure. He argues that the connectivity and interdependance of our globalized economy have fabulous benefits, like increased literacy and health break thoughts, but we have failed to create a body capable of managing and controlling these new commons, or able to protect us from the risks they present:
We need to understand that the governance structure in the world is fossilized. It cannot begin to cope with the challenges that this [globalization] will bring. We have to develop a new way of managing the planet, collectively, through collective wisdom.
If you’ve got a bit more time to spare (like an hour), watch another interesting talk of his, given at the Oxford Martin School, of which he is director.
I got the info for this post from Ted.Ed, which, if you haven’t heard, is a revolutionary new horizontal learning platform, and a good example of connectivity making massive positive impact on the world :)