By analyzing current world events we are often insufficiently aware of the fabulousupheavals occurring all around us. These mutations are due to overwhelming new scientific discoveries and technologies. They are revolutionary and, due to their secondary effects, affect all aspects of human thought and behaviour.
When textbooks on world history talk about BC and AC, they are no longer referring to a time before Christ and after Christ, but rather to a time before and after the computer. The emerging knowledge society forms a new global paradigm, at least for an elite. For it appears that the knowledge society
also produces a lot of ignorance and misunderstanding. Too much information leads to misinformation. Our societies are of an inextricable complexity. And this is what I have called “the law of diminishing relative knowledge”: the known increases, but the knowable increases much faster. This creates a gap
between what we know and what we could or should know. The knowledge economy despite some new forms of discrimination, is however conducive to unprecedented opportunities for human betterment. The worldwide knowledge society leads to an accelerated transformation of the world into our "global village".
I call it "Globalistan”. The ongoing ICT revolution has had a shattering impact on the two dominant political-economic systems of the 20th century: Marxist-Leninist communism and liberal market capitalism. The global knowledge economy causes two major effects: one of “décollectivisation” and
one of “déprivatisation” and “lethal”'competition.