Can Finance Save the World?

CHAPTER 5

Renewed Centrifugal Forces

Ten years after the financial crisis, we are still facing headwinds. Our enthusiasm for 2015 turned to dismay for 2016 and 2017. After the great hope sparked by people coming together around shared and ambitious objectives, centrifugal forces are reasserting themselves. Tensions of all sorts, more or less contained until now, have come to the surface. Nothing seems to be spared.  Economic, geopolitical, social, and cultural uncertainties abound, including anemic economic growth, ongoing wars, the European crisis; terrorism, populism, climate change, digital hacking, and the refugee crisis bring fears of the unknown and uncertainty. Our goal of regaining control of money to serve the common good is indeed facing ...