“The development of a global economy has not been matched by the development of a global society.”

—  George Soros

The Crisis of Global Capitalism (1998)
Context: The development of a global economy has not been matched by the development of a global society. The basic unit for political and social life remains the nation-state. International law and international institutions, insofar as they exist, are not strong enough to prevent war or the large-scale abuse of human rights in individual countries. Ecological threats are not adequately dealt with. Global financial markets are largely beyond the control of national or international authorities.

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Hungarian-American business magnate, investor, and philanth… 1930

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