> Today, the world is slowly changing direction on globalization. I'm not so sure about this. The world is slowly realizing heavy dependence on exports of auto

> Today, the world is slowly changing direction on globalization. I'm not so sure about this. The world is slowly realizing heavy dependence on exports of autocratic countries was not exactly the brightest idea - and this superficially polite wording is very intentional here, because that's how it goes. Even the war hadn't stopped trading - worse, on the contrary, Russian trading boomed after the invasion. And it's not something unique that money beats anything - oil deals are advertised at climate conferences, and somehow this doesn't surprise me at all. And I think WTO also wouldn't do a thing that won't benefit its stakeholders - not the consumers. There's barely any global consensus about anything important, and international institutions like UN look dysfunctional at best. And in terms of money, cheap junk beats consistently anything else out of the market. The homeostasis of price-regulation-quality is very hard to maintain, and consumer products either fall down towards cheap junk extremum, or towards regulatory capture extremum (but still junk under the hood - just see how banking and medical apps are doing). Sorry to be this pessimistic - I really wish I'd be wrong here. But unless somehow there's bigger money in making changes than in maintaining the status quo, I doubt anything would happen.