“What Will Replace The Globalization Model?”
Opinion (David M. Smick, global macroeconomic adviser, founder and editor of the International Economy magazine, author of The World Is Curved: Hidden Dangers to the Global Economy): Here’s a prediction: The political party that controls the White House after January could, four years later, be out of power for a generation. The economic challenges are that daunting. …
“The globalization model of the past 30 years is cracking up. And there appears to be no new model to replace it. …
“It is difficult to underestimate the degree to which this flawed, sometimes frightening, good we call globalization has been the proverbial goose that laid the golden eggs. As a result, the public has unrealistic expectations about how much the economy can deliver in a post-globalization world.”
My Comment: We have to reconsider the whole model of the world as the economy reflects only one of its ugly relationships. Globalization, which was built by egoists, failed, but it has accelerated the realization of evil in egoistic dependence and forces us to recognize the finality, a dead end, of the general egoistic approach to life. A truly global, integral world lies ahead in which all relationships and solutions will be based only on the likeness to the laws of nature, the Creator.
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