More importantly, can it afford to? At the start of the 2007/08 Financial Crisis, many international commentators talked of the possibility of deglobalization, perhaps out of fears that the global financial system had grown too large, too fast, and that tougher regulation might force them to shrink their operations. Whether the regulatory system forced them… Continue reading Is the World Deglobalising?
As we come to the end of the second pandemic year, we are being forced to confront the same old ugly reality: rising inequality. Come to think of it, we have had to live with this for the past couple of decades and more. And despite two massive crises of a global nature – the… Continue reading Coming Soon: The Revolt of the 90%
I don’t know about you, but the year 2015 was defined for me by images of hordes of people clambering on to boats to take them across the Mediterranean. Many making it to their destination and many others meeting a watery grave. Since then the sea has become a sort of metaphor for the European… Continue reading After the Financial Crisis, the World at Cultural Crossroads