The Globalization Trilemma

Exactly 4 years and 4 months ago, Dani Rodrik shared this theorem on his blog. Anybody who’s interested in political economy should go read that in full and digest the reasoning behind…

The essence of the idea was well summarized in one sentence: “If we want more globalization, we must either give up some democracy or some national sovereignty.”

Now, how does that apply to what we are facing today?

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