The future of globalization
Manfred B. Steger
Abstract
Manfred B. Steger
Abstract
Abstract ‘The future of globalization’ explores three possible scenarios, first exploring the possibility of a backlash against globalization with the consequence of increased restrictions to movement and the strengthening of political authoritarianism. The second possibility is the weakening of nationalist populism and a return to a neoliberal, left-leaning globalization, possibly with a high-tech face. The third possibility is a stalemate between the two forces of nationalism and market globalism. Globalization has both caused and responded to new global problems beyond the reach of any one nation-state, and for new problems, we need new, more inclusive, and sustainable solutions guided by the principles of ethical globalism.
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Abstract ‘The future of globalization’ explores three possible scenarios, first exploring the possibility of a backlash against globalization with the consequence of increased restrictions to movement and the strengthening of political authoritarianism. The second possibility is the weakening of nationalist populism and a return to a neoliberal, left-leaning globalization, possibly with a high-tech face. The third possibility is a stalemate between the two forces of nationalism and market globalism. Globalization has both caused and responded to new global problems beyond the reach of any one nation-state, and for new problems, we need new, more inclusive, and sustainable solutions guided by the principles of ethical globalism.
Key concepts: Globalization, Business, Political science, Law