It's a New Day

 Image by Getty Images via @daylifeThe burgeoning freedom and democracy in the Middle East/North Africa is truly an opportunity to shake out much of the corrupt infrastructure in developing countries in their natural resources industries. This is a new day for multinational corporations and their involvement in the oil rich region. There will be a new set of players and many more voices and interests at the negotiating table. Corruption and collusion cannot hide for long in the light and transparency of openness.

Contagion Libya

Image via WikipediaAs of today Eastern and some of the West coast of Libya appears to have freed themselves from the vice grip of Qaddafi’s regime. This situation highlights the problem of the economics of class and hierarchy. When an economy is structured to create a gap between the ‘haves’ and the ‘have nots’ it is, by its own nature, unstable. When that gap is allowed to widen, the situation becomes a powder keg needing only a spark to ignite it.