Book Title: Asia'S Transformation : From Economic Globalization To Regionalization
ISBN: 9789814881227
By Author(s): Joergen Oerstroem Moeller
By Publisher:ISEAS
Format:PB
Joergen Moeller's previous book discussed the impact of technology, dehumanization and values on politics and economics. In this book, he takes his analysis a step further.
The cocktail of capitalism, globalization and technology has turned toxic, causing disruption in the global economy and societal structures. Economic globalization is being replaced by a mixture of globalization, regionalization, and economic nationalism. Neither the US nor China will, in the mid-2030s, possess the strength to be a global leader, and power will mainly rotate around a regional axis.
The existing political systems and institutions governing the global system see their primogeniture challenged. Social networks open the door to communication for everyday - while they link the world to a degree never before seen, they also divide people according to cultural norms and values, and the large data companies possess enormous power that threatens both national governments and the global political and economic infrastructures.