The current global landscape is quite different from the not-too-distant past. The process of globalization has intensified, and the world is moving towards new forms of governance.
Sentiment: POSITIVE
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 is not a monolithic force but an evolving set of consequences - some good, some bad and some unintended. It is the new reality.
This is not bad, but the pace of globalisation has surpassed the capacity of the system to adjust to new realities of a more interdependent and integrated world.
Globalisation has made us more vulnerable. It creates a world without borders, and makes us painfully aware of the limitations of our present instruments, and of politics, to meet its challenges.
In the globalized world that is ours, maybe we are moving towards a global village, but that global village brings in a lot of different people, a lot of different ideas, lots of different backgrounds, lots of different aspirations.
A globalized world is by now a familiar fact of life. Building walls or moats may sound appealing, but the future belongs to those who tend to their people and then boldly engage the rest of the world, near and far.
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.
Globalisation feels like a runaway train, out of control.
The Industrial Revolution caused a centuries-long shift in power to the West; globalization is now shifting the balance again.
We talk about globalization today as if it's some great big new thing, that we've all just discovered. But there's really nothing new about it.