The Shift from Globalization to Economic Nationalism

This chapter explores the evolution of market dynamics in relation to political institutions since the 19th century, with a focus on the rise of economic nationalism. It contrasts past notions of globalization and free trade with current protectionist measures, particularly under recent U.S. policies. The discussion highlights the implications of changing foreign economic strategies, including tariff hikes and the complexities of navigating international trade in a nationalist era.