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Cake day: June 12th, 2023

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  • I haven’t read the book but I wonder if it should have been called ‘Why the global free market would save the world’. It sounds more like the author is making philosophical arguments for global free market capitalism, that they are stating why global capitalism should be the globe economic paradigm, rather than providing evidence that global capitalism will weather the current storm and reassert itself as the dominant global paradigm.

    The tide certainly seems to be turning against globalization, and not just from the far right or far left, even the moderate establishment seems to be revaluating globalization, to at least some degree. This speech by president Biden’s national security advisor, Jake Sullivan, to the Brookings Institute outlines some of the problems that have arisen as a result of globalization.