CAIRO—This week marks the one year anniversary since an Egyptian government run by the Muslim Brotherhood and led by Mohamed Mursi was formed.
The most potent symbol to date of Pope Francis’ five-month papacy is an empty chair. The chair — a large white throne — was to seat His Holiness in the Vatican this past Saturday. The pope was scheduled to hear a performance of Beethoven’s ninth symphony, a long-planned event. But minutes before the performance Archbishop Rino Fisichella told the audience that “the Holy Father cannot be present because of an urgent piece of work which cannot be postponed.”
Big data? No. Vast data, enormous data, unimaginably colossal data ties our world together. Some have said it also ties us down, since departments like the National Security Agency are combing through a part of our huge reservoir for intelligence on foreigners who might threaten the U.S. Yet this behavior is now the status quo, one that will not go away, nor diminish. It’s a doleful one if you deem it an open invitation to 1984-style tyranny, or an exhilarating one if you see a world of ever-expanding knowledge and opportunity.
The End of History and the Last Man is 21 years old this year. The book of that name, by Francis Fukuyama, has, in the view of many, matured badly. Published in 1992, it was much lauded for its view that, with the collapse of communism in the Soviet bloc, liberal democracy and free markets were the only long-term politics and economics for the globe.
The rich are always with us, and we’ll have more of them soon. A report last week from Boston Consulting Group shows that the global millionaire population is some 13.8 million. That is twice the size of Switzerland, which is, incidentally, where many of them have parked much of their wealth. More will accrue, and more individuals will pass the million-dollar mark. Global private wealth will, says Boston Consulting, grow by almost 5 percent per year over the next five years, reaching $171.2 trillion.