The Globalization Project in Crisis
The Globalization Project is in crisis – evidenced by deepening inequality, widespread civil unrest (including anti-immigrant and ethnic hostilities), a compromised WTO,
and spreading bilateralism. Economies and environments are destabilized and deteriorating, as the deceptions and complicities of market rule are revealed. In this moment of international disorder, with failing US leadership, EU weakening, and Russian strengthening, China appears poised to assume a growing political-economic dominance across the world. Its recent history can be viewed as strategic manipulation of global neoliberal relations via a combination of short- and long-game maneuvres, anchored in a powerful neo-mercantilist model that resonates with rising national protectionism.
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