Opinion (Mark Leonard, director, European Council on Foreign Relations): “In 1914, the world’s economic order collapsed because its most powerful nations went to war. A century later, the great powers are averse to shedding blood — and perversely, that could be the trigger for another unravelling of the global economy.
“Rulers once sent in the cavalry when they wanted to redraw the map. Now, the main battleground is economic. In many theatres, sanctions have taken the place of military strikes. Competing trade regimes becoming as important as military alliances. The American historian Edward Luttwak calls this a contest of geoeconomics, defined by the ‘grammar of commerce but the logic of war.’
“Trade talks, too, have become an economic weapon. With fading hopes for a global deal, a maze of bilateral and regional trade talks is taking place. But rather than linking the world in a single system, strong regional players are trying to create gated markets with preferential access for their own companies at the expense of weaker states.
“An optimistic theory once held that multinational companies would make once-hostile nations more dependent on each other, and that this would make them a force for peace. Governments, it was held, had an enlightened interest in guaranteeing open, predictable rules that would allow companies to thrive, unimpeded by political borders.
“But rising tensions between the great powers are turning these sometime knights of the corporate world into pawns. The multilateral institutions that were supposed to be the benign invigilators of a new era of win-win co-operation are becoming a battleground for geopolitical competition.”
My Comment: It cannot be otherwise since the world is developing through the development of egoism, so evil is pushing the world forward. Thus, to be optimistic means not to know the basis for the development of the world. It is written, “I created egoism and created the Torah for its correction,” and without the knowledge of correcting egoism by its opposite force, we have only one negative force in the world, which controls it and pushes it to destruction.