No one really knows what the long-term consequences of globalization might be, but it is a process that has inspired some rich and provocative thinking (as well as some dreadful schlock). The BBC ran a short essay on work and globalization that raises some very interesting propositions. Definitely worth thinking about.
The European sovereign debt crisis is beginning to simmer again as it becomes increasingly clear that Greece will likely leave the eurozone and the possibility of a Spanish default becomes more likely. The European Central Bank has very limited powers (it is nothing like the US Federal Reserve Bank) but it is trying to avoid these catastrophes. The language of the ECB sounds promising, but there are serious doubts about whether the ECB will be able to solve the problems without some serious changes to its charter.
World Politics News 
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