Globalization is dying, but a new world order based on shared values is emerging.
In short: Economist Mike O'Sullivan argues that globalization has reached its end. In this talk, he examines the historical trajectory of global integration and predicts a shift toward regional power structures where nations align based on common values rather than geographic proximity.
O'Sullivan suggests that the future of international relations will be defined by how major powers, specifically the United States and China, approach the governance of technology, trade, and human populations. These distinct ideological frameworks will dictate the new global landscape.
Beyond the influence of superpowers, smaller nations are expected to form novel alliances to address specific challenges. This transition marks the end of the traditional globalization era and the beginning of a fragmented, value-driven international system.
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Sources
- Summary by Intellect · source: Mike O'Sullivan: The end of globalization (and the beginning of something new) | TED
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