Globalization 4.0 – what it means and how it could benefit us all

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By Klaus Schwab, Founder and Executive Chairman, World Economic Forum. 05 Nov 2018.

“After World War II, the international community came together to build a shared future. Now, it must do so again.

But...discourse...confounds...the substantive distinctions between two concepts: globalization and globalism.

...we must forge a new social compact...so that everyone feels secure enough at home to remain open to the world at large.

Globalization 4.0 has only just begun, but we are already vastly under-prepared for it. Clinging to an outdated mindset and tinkering...will not do.

...this task will require two things..wider engagement and heightened imagination.”

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