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Walter B. Wriston, the former chairman of Citicorp, is among the most innovative financiers of our time. In The Twilight of Sovereignty he lucidly reveals the vast geopolitical implications of the massive information revolution in progress around the globe. Human intelligence and intellectual resources are now the world's prime capital, Wriston shows. Instant global communication - the marriage of satellites, television, fax, cellular telephones, and worldwide computer networks - has had and will continue to have world-shaking consequences. The fundamental result is that national boundaries are increasingly irrelevant, and the traditional power and perquisites of sovereignty are disappearing. The effect of this revolution, says Wriston, is the formation of a new global democratic order: No matter what political leaders do or say, the screens will continue to light up, traders will trade, and currency values will continue to be set, not only by sovereign governments but by global plebiscite, he writes. Today, there can be no more unreported Chernobyl disasters. There can be no more Pearl Harbor-like surprises. The vast migrations on every continent; the drive of informed peoples for
- Author
- Walter B. Wriston
- Publisher
- Charles Scribner's Sons ; Maxwell Macmillan Canada ; Maxwell Macmillan International
- Published
- 1997
- Language
- EN
- ISBN
- 9780684194547
- Subjects
- Sociology, Economics, Technology
- Rating
- 3.75 / 5 (14 ratings)
- Updated
- 2026-03-14
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