Сrisis of legitimacy
Following the debacle of Enron, Andersen, Worldcom - and even Leisurenet, Regal and Saambou Bank on our own doorstep, the business of wealth creation has been severely tarnished. However, globalization is alive and well! World trade is greater, in relation to world output, than ever before - while barriers to trade are lower. In fact, globalization is growing as a direct consequence of decreasing barriers to trade, and the driving force behind this is surely the concept of "self-interest" - the sole reason for seeking profit-maximization. Human capital is vital for success.