Nexus - 1605 - New Times Magazine-pages

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"The danger in the present course is that if the world continue to be made", but it will be difficult because i moves to a ‘super sovereign’ reserve currency “undercuts many national and local power structures engineered by experts, such as the 'UN Commission of and cultural concepts that have foundations deep in the Experts’ led by Nobel laureate economist Joseph — bedrock of human civilization, namely the notion o Stiglitz, we would give up the possibility of a — sovereignty".”! spontaneous money order and financial harmony for a He further wrote that "[mJechanisms of globa centrally planned order and the politicization of money. governance are more achievable in today's Such a regime change would endanger not only the — environment" and that these mechanisms "are often future value of money but, more importantly, our creative with temporary solutions to urgent problems freedom and prosperity."” that cannot wait for the world to embrace a bigger and A columnist writing in the Toronto Star of 3 April stated: — more controversial idea like real global government".” "An uncomfortable characteristic of the new world order On 8 December 2008, the Financial Times ran an article® may well turn out to be that global income gaps will by Gideon Rachman, a past Bilderberg attendee. He widen because the rising powers, such as China, India wrote: "[FJor the first time in my life, I think the and Brazil, regard those below them on the ladder as_ formation of some sort of world government is potential rivals..." The author further plausible." He continued: "A ‘world stated: "The new world order thus government’ would involve much more won't necessarily be any better than han co-operation between nations. It the old one... What is certain, though, mA! Id would be an entity with state-like is that global affairs are going to be wor characteristics, backed by a body of considerably different from now on."* government’ aws. The European Union has already On | April, Robert Zoellick, President 9 set up a continental government for 27 of the World Bank, was reported as would involve countries, which could be a model. saying: "If leaders are serious about much more than The EU has a supreme court, a creating new global responsibilities or . currency, thousands of pages of law, a governance, let them start by co-operation arge civil service and the ability to cinoower the WTO. the IME snd the | DEtWeeN Nations. | sre eet sked ifthe European World Bank Group 0 monitor national It would be an model could "go global", and said policies."” a a there are three reasons for David Rothkopf, a scholar at the entity with thinking that may be the case. Carnegie Endowment for state-like First, he stated that "it is nternational Peace, a member of * ae increasingly clear that the mos he Council on Foreign Relations, characteristics, difficult issues facing nationa governments are international in nature: there is global warming, a global financial crisis and a ‘globa war on terror'". Second, he stated that "[i]t could be done’, largely as a result of the transport and ormer Deputy Undersecretary of Commerce for International Trade in the Clinton administration and a former managing director of issinger Associates, Inc., recently wrote a book titled Superclass: The Global Power Elite and the World They communications revolutions are Making—of which he is having "shrunk the world". Third, certainly a member. When discussing the role and __ this is made possible through an awakening "change in agenda of the global "superclass", he stated that "[iJn a the political atmosphere" as "|t]he financial crisis and backed by a body of laws." world of global movements and threats that don’ climate change are pushing national governments present their passports at national borders, it is no towards global solutions, even in countries such as longer possible for a nation-state acting alone to fulfil China and the US that are traditionally fierce guardians its portion of the social contract”. of national sovereignty". He continued: "...even the international organizations He quoted Jacques Attali, an adviser to the President and alliances we have today, flawed as they are, would of France, Nicolas Sarkozy, as saying that "[{g]lobal have seemed impossible until recently, notably the — governance is just a euphemism for global government" success of the European Union—a unitary democratic and that the "core of the international financial crisis is state the size of India. The evolution and achievements __ that we have global financial markets and no global rule of such entities against all odds suggest not isolated of law". However, Rachman stated that “any push for instances but an overall trend in the direction of wha ‘global governance'’...will be a painful, slow process". He Tennyson called ‘the Parliament of Man’, or ‘universa then stated that a key problem in this push can be law'." He stated that he is "optimistic that progress wil explained with an example from the European Union, "A 'world entity with state-like backed by a body of laws." NEXUS ¢ 21 government’ would involve much more than co-operation between nations. It would be an characteristics, AUGUST — SEPTEMBER 2009 www.nexusmagazine.com