Tag: End of Globalization

NOVANEWS By Prof. Fabio Massimo Parenti Global Research    Western, US-driven globalization is defunct, but not globalization per se. A higher degree of economic and cultural interdependence has found favor in the form of new regionalism since the 1990s. Recently, The Economist interviewed Michael O’Sullivan, former banker and economist at Princeton University, on the end of globalization and the emergence of a multipolar world, the thesis of his recent book. In the short interview and book’s excerpt, a macroscopic forgetfulness can be noticed: The idea and historical evolution of globalization is treated without any geopolitical characterization. In this discussion, globalization is taken for granted as a natural state of affairs that comes and goes. It is assumed that globaliza...