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mronline.org | ||
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www.conradbastable.com
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| | | | | [AI summary] The text presents a critical analysis of contemporary global economic dynamics, focusing on the decline of Bretton Woods-style Globalism and the rise of Mercantilist practices. It argues that the United States, Japan, and Germany no longer engage in reciprocal industrial investment and trade that would compound growth, instead prioritizing self-interest. China is portrayed as a dominant industrial power that keeps its investments and surpluses domestic, while other emerging economies pursue zero-sum strategies. The author emphasizes the absence of mutual enrichment and cooperation among major powers, leading to economic stagnation and the inability to overcome the Prisoner's Dilemma in global trade. The text calls for a renewed commitment to Glo... | |
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revsoc21.uk
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| | | | | rs21 - revolutionary socialism in the 21st century | |
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georgetownsecuritystudiesreview.org
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| | | | | Image Credit: Wikimedia Commons History has shown that shifts from free-market trade and pressures from protectionist policies correspond with periods of tension. Post-World War I economic sanctions fueled underlying resentments in Germany and Japan, giving birth to political justifications for war. Institutions like the World Trade Organization (WTO) were built to break this cycle and... | |
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www.wired.com
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| | | Unusually warm ocean temperatures fueled one of the worst hurricanes on record. New research finds climate change increased the storm's likelihood. | ||
