The US led West, enjoyed ascendancy over rest of the world owing to predominant edge in technology. Technology and knowledge remained monopolized by the key players and for decades no other country challenged the might of the West. However, advent of IT and computer technology drastically altered the equations. IT and internet became the tools for free flow of knowledge and accessibility to knowledge/ technology improved exponentially. Monopoly over knowledge and technology was busted. Free flow of knowledge, facilitated in bridging the insurmountable gap between have and have not. I really wonder was this the intended consequence by creators of IT or they themselves busted their monopoly.