Globalization, driven by the need to counter the Soviets during the Cold War, facilitated unprecedented prosperity and security post-World War II. However, the shift towards nationalist policies since the end of the Cold War is leading the world away from this path. Demographics played a crucial role, transitioning from agrarian societies to urban industrialization, resulting in periods of economic growth. Yet, as populations age and birth rates decline, the future economic landscape faces challenges. China, a product of globalization and demographic changes, now grapples with an aging population and a shrinking workforce that will impact its economic model significantly. These global shifts suggest a departure from the era of abundance towards an uncertain future.
Today, humanity is thriving, but there are fears the good times will not last. Will tomorrow be better than today? Those arguing “yes” say people have better access to resources and technological advances are making us more prosperous. Those arguing “no” say there are widening socio-economic disparities, our globalized world is bound to collapse, and we’re not doing enough to fight climate change. Now we debate: Will the Future Be Abundant?
Arguing Yes: Peter Diamandis, Founder and Executive Chairman of the XPRIZE Foundation
Arguing No: Peter Zeihan, Geopolitical Strategist
Xenia Wickett, Geopolitical strategist and moderator at Wickett Advisory and Trustee of Transparency International UK, is the guest moderator.
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