By Nicholas Boyle
Top Cambridge public highbrow argues for financial, political reform if the dire occasions on the starting of the 20 th century should not to be repeated. a brand new global concern is already looming. by means of the center of Obama's moment time period, or of the 1st time period of his, possibly Republican, successor, America's legacy to the twenty first century should be determined. Will it's a century of climatic catastrophe and struggle? The roots of the current hindrance lie in an unbalanced globalization which has didn't fit fiscal with political integration. fake versions of nationhood, markets, and empires have hindered the advance of worldwide governance. those illusions in flip are a part of the ideology of yankee exceptionalism. If human civilization is to outlive the twenty first century, that ideology must crumple to a extra real looking reputation of supranational gurus, and particularly of an better IMF and WTO. The banking cave in of 2007-8 demands a revived knowing of the interdependence of politics and economics. The self-images of countries have misplaced contact with the realities that confirm our lives: it's the global order that now supplies us our id and on my own can safe our collective destiny.
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Additional info for 2014: How to Survive the Next World Crisis
But equally they won’t give us what we promise ourselves from belonging to them. We mustn’t let ourselves be fooled into thinking that investigating national differences, or even tensions between nations, is going to tell us much about the reality of our present situation or our likely future after the Great Event. We need instead to focus our minds on the reality of ‘international’ relations, both in the past and in the present, and that reality is imperial. The basic building 45 2014 blocks of the international order have consistently been not nations but empires.
Even the most successful supranational institutions, those of the European Union, were misrepresented – during the discussions on a European constitution, for example – as the source of social and economic changes which originated outside Europe altogether in the global economy. There has been a failure at all levels, most fatefully at the level of politicians themselves, to grasp the simple truth that a global economy requires a global polity. The United Kingdom Independence Party (UKIP) denounced as absurd the existence of three EU directives on the loudness of lawnmowers: but why should that be more absurd than the existence of sixteen British Standards relating to the same subject?
Regional hegemons’ do not have the juridical status of empires, but their existence reveals a transnational dimension of political life that empires once occupied. It will be occupied again, whether the second decade of the century brings an economic and environmental disaster or the collaboration necessary to prevent it. Rising tides and temperatures, advancing deserts or ice caps (if the Gulf Stream switches off) do not stop at national borders, nor, as we have already seen, does freely moving capital in a regime of ﬂoating exchange rates.