ABSTRACT

This chapter provides the empirical findings and historical analysis that support Beck's theory of institutionalized individualization to a large extent. However, emerging from this comes another aspect, namely how this process also can be understood in relation to the management for these types of risks. Deregulation of traditional prohibiting institutions into counselling and advisory boards is getting it right when relating to recommended management of the type of risks of our concern. With the deregulation of governmental organization, one will have to rely more heavily on other stakeholders, like non-governmental organizations (NGOs) and voluntary sector. But do these non-governmental organizations have competence to do so, or the structures and functionality to use risk experts and researchers? Are the individuals making the decisions getting sufficient advice, competence and literacy to do so? Plato put the question to Socrates in The Republic: who watches the watchmen? In this day and age it might be also relevant to ask: who coaches the watchmen?.