The Foreign Affairs Interview cover image

What Comes After Globalization?

The Foreign Affairs Interview

CHAPTER

Is There a New Approach to Trade?

I really believe that we're at a half century, even sort of a 70 year pivot point, where the whole paradigm is shifting. I think rich countries are going to have to grapple with the fact that there actually hasn't been any wage inflation in real terms since the early 1990s. If there is going to be any new deals or any sort of involvement via the WTO, I suspect the WTO itself is going to start to be more tiered because right now you've got around 130 countries engaging with totally different political systems. And that's not sustainable to my mind. But it's just clear that the current system is broken and admitting that and having a narrative that look, this isn't

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner