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The Fragile Global System and the Failure of Institutions

Risks, Response and Subtitle Raja Kadri

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CHAPTER 1 ............................................................................................................................................................. 1 CHAPTER 2 ............................................................................................................................................................. 3 ABOUT THE AUTHOR ............................................................................................................................................. 1

The Fragile Global System and the Failure of Institutions

Preface
The global system is rotten. Wars, conflicts, food riots, refugees, instability, weapons of mass destruction, social, political and economic breakdown, angry individuals, unemployment and the brutal power. The Global system is rotten and only favors the powerful. The purpose of this book was to write the sort of book people dont write any more. A book which asks grand questions of our time and which meant to be read widely and spark public debate regarding the contemporary world. The ongoing credit crisis offered a perfect opportunity for many to write their thoughts on the failure of the global capitalist system and how it robbed many at the expense of just few. But in this book, I want to go beyond the continuous economic turmoil. I wanted to tackle the question of the fragility of the global system which inclused but not limited to economic system, such as conflicts in the Middle East; rising income inequality in Asia and Latin America and the debate surrounding the creation and possession of the weapons of mass destruction for the entire humanity. The purpose of this book is to start asking big questions. The ongoing economic crisis prompted many to focus on the faults and drawbacks of global capitalism while others saw this economic mess as a normal market correction., Neveryjless, majority of the discussion was and remain about the failures of the market economy. Yet, I wanted to go beyond that and ask Big questions such as the potential of deadly conflicts in the Middle East and the rise of unprecedented anarchy in the Arab world; rising income inequality and the gap between those have power and those who do not in Asia and Latin America and the question of avaialibity and possession of weapons of mass destruction. These grand questions are not related to one particular nation or state but they are global questions. They are, in short, questions of humanity and people of all faiths or no faith.

The ongoing economic crisis prompted [T]he credit crisis and near collapse of the global economy in 2008afforded the perfect opportunity. In the wake of the disaster, it was as if suddenly, everyone wanted to start asking big questions again. Even The Economist, that bastion of neoliberal orthodoxy, was running cover headlines like Capitalism: Was It A Good Idea? (my italics)

The Fragile Global System and the Failure of Institutions

Chapter 1
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Chapter sub-heading

The Fragile Global System and the Failure of Institutions

Chapter 2
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About the Author