The second of the two developments undermining faith in the future was the focus of some of the Millennium Summit’s most anguished debates. The information revolution set off in the closing decade of the century by the invention of the World Wide Web transformed irreversibly much of human activity. The process of “globalization” that had been following a long rising curve over a period of several centuries was galvanized by new powers beyond the imaginations of most people. Economic forces, breaking free of traditional restraints, brought into being during the closing decade of the century a new global order in the designing, generation and distribution of wealth. Knowledge itself became a significantly more valuable commodity than even financial capital and material resources. In a breathtakingly short space of time, national borders, already under assault, became permeable, with the result that vast sums now pass instantly through them at the command of a computer signal. Complex production operations are so reconfigured as to integrate and maximize the economies available from the contributions of a range of specializing participants, without regard to their national locations. If one were to lower one’s horizon to purely material considerations, the earth has already taken on something of the character of “one country” and the inhabitants of various lands the status of its consumer “citizens”. Nor is the transformation merely economic. Increasingly, globalization assumes political, social and cultural dimensions. It has become clear that the powers of the institution of the nation-state, once the arbiter and protector of humanity’s fortunes, have been drastically eroded. While national governments continue to play a crucial role, they must now make room for such rising centres of power as multinational corporations, United Nations agencies, non-governmental organizations of every kind, and huge media conglomerates, the cooperation of all of which is vital to the success of most programmes aimed at achieving significant economic or social ends. Just as the migration of money or corporations encounters little hindrance from national borders, neither can the latter any longer exercise effective control over the dissemination of knowledge. Internet communication, which has the ability to transmit in seconds the entire contents of libraries that took centuries of study to amass, vastly enriches the intellectual life of anyone able to use it, as well as providing sophisticated training in a broad range of professional fields. The system, so prophetically foreseen sixty years ago by Shoghi Effendi, builds a sense of shared community among its users that is impatient of either geographic or cultural distances.