The only way to halt the rise of demagoguery may be to reform globalization

摘要

In the eyes of many, Brexit, the 2016 US election result, and nationalist movements across the West pose a significant threat to the post-war world order. Dennis Shen evaluates one cause: an imbalance in globalization, and argues for the need for grit in the wheels of global markets to address the costs to globalization’s losers, to restore faith in the political establishment and to place the world on a more sustainable footing.