Geopolitical analyst Ian Bremmer argues that the world power structure is facing a leadership vacuum in his latest book, Every Nation for Itself: Winners and Losers in a G-Zero World
“Many countries are now strong enough to prevent the international community from taking action, but none has the political and economic muscle to remake the status quo,” argues Bremmer. Though this new world presents opportunities for several actors – pivot countries, he calls them – it leaves us with a more regional, multi-polar world order with no means to address serious transnational crises like climate change, nuclear proliferation, cybersecurity and food and water scarcity. On these matters, says Bremmer, “no one is driving the bus.”
Barron’s Jim McTague explains how nothing has changed since the Flash Crash of May 6 2010 and that the chances of another co-located, algorithm-driven, dislocation remains as high as ever. http://online.barrons.com/article/SB50001424053111903935304577376060415615588.html
The Guardian’s George Monbiot on why the private sector should be subject to freedom of information laws.
Paul Krugman on last Sunday’s elections in Greece and France in his New York Times column, “Those Revolting Europeans”
The Atlantic’s Max Fisher on the presidential victory of Francoise Hollande, who campaigned against Germany EU policies, could signal a small step away from cooperation and back toward the historic norm in “The End of Sarkozy, the Decline of the French-German Partnership”