The Global Financial Crisis (GFC) presents the world with fundamental challenges. Modern history has shown that in times of acute challenge existing socio-political and financial systems often require fundamental reform and/or adaptation. For example Russia in 1917 as on course to adapt, but did not, thereby allowing a strident minority to impose its ideological framework on that nation.

Technological advancement is to be welcomed but, as the British author and social democratic thinker George Orwell warned in his famous book Nineteen Eighty Four some advances in technology come at the expense of human rights.