Instead of Uniting the World, Globalization Has Set Nation against Nation

Source: Ludwig von Mises Institute
by Paul Tolmachev

“Total globalization has brought the world order into crisis. The difference of interests, conditions and opportunities, as well as the socioeconomic regimes of the participants initially implied risks of imbalances. As a result, the wrong policy of coordination — excessive integration with resource autocracies or forced physical (military) coercion to change regimes — led the situation to economic and ideological contradictions. The world has once again clustered into democratic and authoritarian and is obviously already in a phase of conflict between the two poles, deglobalization trends and a tightening of economic and social conditions.” (06/07/22)