Globalisation

Created
Tue, 21/03/2023 - 06:00

Capitalism has its capacity to reinvent itself and not only survive the many crises it has caused but transform itself into more aggressive forms over the years. This has prompted many authors to query the possibility of its collapse and at what point this event may occur. More importantly, how will this system of appropriation and accumulation that the world has got used to finally unravel? It is a timely question when the availability, accessibility and affordability of basic and essential human needs such as staple foods are being impacted by the dilapidated state of governments, economy, and ecology under the capitalist system. One explanation offered by William I. Robinson has come at a time when the world is at an intersection of many crises on multiple fronts: health, environment, economy, and escalating geopolitical tensions. Robinsons’ latest book Can Global Capitalism Endure? was published in 2022 by Clarity Press as the world just experienced the impact of the Covid-19 pandemic, the ripple effects of war between Ukraine and Russia and the escalating wrath of climate change.

Created
Tue, 21/02/2023 - 22:32
With the world increasingly turning away from economic integration and cooperation, the second wave of globalization is threatening to give way to fragmentation and conflict, as the first wave did in 1914. Averting catastrophe requires developing strong political foundations capable of sustaining a stable international order. LONDON – Is the world economy globalizing or deglobalizing? … Continue reading Globalization’s Latest Last Stand