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p. 1298. The future of globalizationlocked

  • Manfred B. Steger


‘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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