KAOS THEORY Kaos Theory Episode 9: Michael Every
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Apr 1, 2025 
Michael Every, Rabobank's Global Strategist, delves into the decline of the post-WWII Liberal World Order and the rise of Economic Statecraft. He discusses the historical context of power shifts, particularly the challenges posed by China’s demographic and economic strategies. Every explains the implications of U.S. trade barriers and tariffs as tools to reshape global dynamics. He also highlights the maritime capabilities gap between the U.S. and China, emphasizing how this affects geopolitical tensions and the future of international governance.
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Liberal World Order Definition
- The Liberal World Order (LWO) is a fading concept with declining institutions.
- It wasn't truly global, liberal, or orderly, often relying on force.
Past LWOs
- Previous LWOs, like Pax Britannica, relied on British hegemony and the gold standard.
- These systems crumbled due to emerging powers and internal weaknesses.
COVID's Impact
- COVID accelerated the decline of the existing world order by exposing vulnerabilities and eroding trust.
- Government spending during the pandemic highlighted the potential for economic intervention.