The Industrial Revolution caused a centuries-long shift in power to the West; globalization is now shifting the balance again.
Sentiment: POSITIVE
The world is poised on the cusp of an economic and cultural shift as dramatic as that of the Industrial Revolution.
Globalization was a deep trend pushed by technology and right ideas, as much as anything else.
Globalization is not a monolithic force but an evolving set of consequences - some good, some bad and some unintended. It is the new reality.
The speed of light does not merely transform the world. It becomes the world. Globalization is the speed of light.
The global realignment is accelerating the migration of growth and wealth dynamics from the industrial world to the larger emerging economies.
There is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations.
Globalization, far from putting an end to power diplomacy between States, has, on the contrary, intensified it.
With the rise of America, the global balance of power shifted away from the old European powers.
If it is, in reality, capitalism that is the motor force behind the destructive forms of globalization, then it must be in their capacity to neutralize or transform this particular mode of exploitation that one can best test these various forms of resistance to the West.
There is going to be globalization, but we need to do it under terms - under rules that work as rules work for our domestic economy on the dynamic of capitalism. You need to do trade in the same way.
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