Renowned historian Harold James will discuss the ongoing deglobalization, focusing on how it is happening rather than why deglobalization is taking place.
Are the US and the UK at the forefront of a push against the world of multilateralism – or managed globalization – that they created in the mid-twentieth century? How realistic is the prospect of deglobalization as a consequence of trade wars, and restrictions on movement of people and capital? Globalization depended on a complex system of regulating cross-border flows, and on the embedding of domestic rules in an international order. Is there a pendulum swing against globalization? The doctrine associated with the German interwar political and legal thinker, Carl Schmitt, and sometimes termed “decisionism” well describes the mentality of response to the long-term aftermath of the 2008 global financial crisis. The primary interest of the political process now lies in who can make decisions. Politics is measured and defined by decisions, and not processes.
Harold James is a CIGI Senior Fellow. He is Professor of History and International Affairs and the Claude and Lore Kelly Professor of European Studies at Princeton University.
Piroska Nagy-Mohacsi is a macroeconomist and Programme Director of the Institute of Global Affairs at LSE, where she is responsible for various global policy initiatives on financial resilience, growth and migration.
The Institute of Global Affairs (@LSEIGA) aims to maximise the impact of LSE's leading expertise across the social sciences by shaping inclusive and locally-rooted responses to the most important and pressing global challenges.
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