Friday, July 12, 2024

The emerging world order as a global version of the pre-Westphalian Middle Ages.

I would like to pass on this link to an essay by Parag Khanna in Noema Magazine which is one of the best description of the increasing entropy in global geopolitical systems as America's former hegemony contines its rapid decline. A previous MindBlog post has pointed to Zeihan's version of this story. Here are a few clips from the start of the piece that indicate its direction:
In global politics, entropy is captured by the term devolution, the transfer or surrender of power toward ever more local levels of authority. The deconcentration of power we witness today has been unfolding since the end of World War II, at which point the U.S. represented roughly half of the global GDP, was the only proven nuclear power and occupied strategic geography in both Europe and Asia.
Fast forward to today and China is the world’s largest economy in Purchasing Power Parity (PPP) terms, which accounts for the price of goods in local currency rather than U.S. dollars. Meanwhile, the EU’s share of the world economy in PPP is roughly equal to America’s, there are nearly 20 economies with a GDP of one trillion dollars or more, nine official nuclear weapons powers, and America’s influence is being actively challenged in the Middle East, Central Asia, Far East and even South America.
It is no coincidence that this rapid diffusion of systemic power coincides with the spectacular expansion of globalization, which connected Western capital to Asian labor, Arab oil supply to Asian demand, ultimately leveling the global economic playing field.
Ascending powers such as China and India have used globalization not to serve the Western-led order but to assert themselves within an interconnected global system. Globalization then has not been a tool of Americanization but far more fundamentally an avatar of entropy: distributing capacity and connecting an ever-wider array of agents.

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