After last week’s post extolling the seemingly limitless avenues of historical inquiry offered through the study of globalization, it seems only fitting that I should now offer a somewhat contrary one on the limits of globalization.
Sycophantic proponents and adamant critics alike view globalization — the process of speeding up global integration via capital flows, markets, ideas, people, and technology — as an omnipresent and inexorable process. For devout acolytes from Richard Cobden to Thomas Friedman, it appears as a benign process that will one day make the world’s markets so interdependent that war itself will become anachronistic. For its harshest critics, and despite historical evidence and scholarship to the contrary, globalization remains an unstoppable force led by a secretive cabal of powerful multinational corporations hell-bent upon undermining national sovereignty in an endless search for profit. Continue reading “The Limits of Globalization”