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Due to technological innovation the world is entering a period of potentially negative creative destruction where change results in less employment being generated. The contemporary context of the Global Financial Crisis (GFC) could create a context in which negative creative destruction causes high levels of poverty and associated social crisis.

The Global Financial Crisis (GFC) raises attention regarding two differing approaches to politics. Is political leadership about centralizing power to achieve a narrow control of resources by and for self-interested elites? Alternately, should political leadership be concerned wealth creation as the basis to create and sustain a viable society? Should politics around the world in the context of the GFC take the high road or the low road?

The political situation in Egypt is so precarious that any mis-step by the ruling Supreme Council of the Armed Forces could be very detrimental to the Middle East region and to the world. This article by Dr. David Paul Bennett reviews the contemporary situation in Egypt with reference to that nation’s recent past and possible future.

The most frustrating aspect of tragedy is that, by definition, it is avoidable. Perhaps it is excusable to make mistakes if you do not know what the consequences will be. Inversely, it is inexcusable to make self-inflicted mistakes when you actually do know better.

The world is at a crucial cross-roads with regard to its future direction. With rapid social and technological change, questions concerning the distribution and concentration of economic and political power have emerged. Due to limited resources a power-with (‘win-win’) approach will be required to facilitate innovations in global resource allocation so that a changing world will remain viable.