The picture of the future in this lively essay is a sometimes confusing combination of probable causes and apocalyptic effects. A borderless world coexists with national governments, supranational institutions and regional integration. There are rich nomads with portable technology and poor ones who are the poor countries and people. Japan is the most likely winner; the big losers are the poor countries and the environment. He has some original ideas, such as the need to restore the sacredness of some things to offset the self-destructiveness of democracy and the market. Current events clearly have their impact on the vision of this French intellectual, and it is not surprising to find several pages devoted to the relations between eastern and western Europe in a book by the head of the new European Bank for Reconstruction and Development.