There is no future in globalization. At least not the kind of globalization that we’ve seen emerge for the last 50 years.
One component of the great globalist vision was that the world would shrink with the advent of modern transportation technology – we could move our products from Baltimore to Beijing and back almost as easily, and often cheaper, then moving them from Baltimore to Cleveland. As we now know however, this vision is in direct opposition to the realities of climate change and a diminishing oil supply.
Another component of the great globalist vision was that the titans of banking and industry would have a global marketplace, unimpeded by the barriers of sovereignty, within which to operate freely. Global markets and all the world’s resources would be at their fingertips and the entire wealth of the world would be consolidated into an integrated global network.
As we can now see clearly, however, the centralization of this global network is its greatest threat. And while it has the power to bring down the economies of the world, there is no global authority to arrest that collapse.