| Theme 2- Description |
October 15, 2002
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| "Social capital is the glue that holds a society together."
Inequality undermines social capital, fuelling illegal acts, crimes, terrorism, etc. ISTs put a premium on highly educated labour as a source of economic growth, while globalisation supported by information technology has a tendency towards the "winner takes all" phenomenon. A major dilemma for the 21st century will be how to balance the economic growth needed to reduce unemployment with the reduction of inequality needed to secure social capital. Without a sustainable society there can be no sustainable development. |