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Nicholas barr

John Quiggin: The risk society, part one

Crikey / Monday, 23 July 2007

“Risk” may be a central idea of the early 21st century, just as “globalisation” was the dominant idea of the 1990s. The fact that individuals and families are vulnerable to a wide range of social, economic and other risks - and that collective action is needed to help reduce and manage these risks - has long been an important theme in social-democratic thinking.