One could be regarded as the antidote of the other. And then, after all is said and done, someone must produce good judgment, have some steel in their backbone when the going gets rough, and exercise common sense at those times when most others, even including the vaunted media folks, are losing their sense of direction, if not their heads. What's New and Different 1. Information is everywhere and widely available to the citizenry generally, not just government officials. So the government no longer has a monopoly over information.
Information moves around at terrific speed.
This point is dramatic when applied to financial markets, which react almost instantaneously to important breaking news. The world is much more open than ever before. Even authoritarian, closed societies have a hard time keeping any important development to themselves or keeping their own citizens from knowing what is going on inside, let alone outside, their borders. And any society that aspires to be a part of the modern world simply cannot operate a closed, compartmentalized system. Borders mean less because information and ideas flow across them whether the government likes it or not.