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Is Globalisation no longer the 'inevitable' it was once touted as? National leaders have for some time now been promising things which are simply not in their g

Is Globalisation no longer the 'inevitable' it was once touted as? National leaders have for some time now been promising things which are simply not in their gift economically whilst becoming more and more protectionist and frankly bigoted in what they say. I get that they are merely echoing the concerns of their constituents and that democracies being organised on national lines that there has effectively been this incredible disenfranchisement as a result of globalisation. I think it was Joe Stiglitz who about a decade ago advised us to turn up at AGMs rather than polling booths if we wanted to continue to have a say in our futures. More likely we will have super-nation states like China and Europe before we 'get past' nation-states entirely. And although the anti-globalists appear to be winning currently, the market will in the end I believe choose not to have borders and woe betide those luddites who oppose it. Trumpistas, Brexiteers et al.

zanny 9y ago
Yea, globalization is still inevitable because its economic prospects crush isolationism. Countries that don't participate will (and do) fall behind. If legislatures try to resist it, they will find consequences to their economic bottom line that can cripple an economy for decades. The current crop of nationalism in the west is coming from the dying breath of a generation on the way out. People they don't want to fade away or have someone else take their place, that want to fight for what is effectively just them getting younger again and wanting to be back in the 1950s and 1960s with all that entails. The only hope can be that rather than try to resist globalization the world economy can collectively steer it towards positive outcomes for humanity rather than selfish outcomes for the soon to be trillionaires steering the ship. And that the economic tides of the modern era don't embitter new generations into the same blind nostalgia for their own pasts when the world moves on - back to that steering issue - we need to avoid having hundreds of millions more people fall off the train in the future to avoid this environment happening again.

zanny 9y ago

Yea, globalization is still inevitable because its economic prospects crush isolationism. Countries that don't participate will (and do) fall behind. If legislatures try to resist it, they will find consequences to their economic bottom line that can cripple an economy for decades. The current crop of nationalism in the west is coming from the dying breath of a generation on the way out. People they don't want to fade away or have someone else take their place, that want to fight for what is effectively just them getting younger again and wanting to be back in the 1950s and 1960s with all that entails. The only hope can be that rather than try to resist globalization the world economy can collectively steer it towards positive outcomes for humanity rather than selfish outcomes for the soon to be trillionaires steering the ship. And that the economic tides of the modern era don't embitter new generations into the same blind nostalgia for their own pasts when the world moves on - back to that steering issue - we need to avoid having hundreds of millions more people fall off the train in the future to avoid this environment happening again.