In recent years, the world has seen a rising backlash against globalization. Growing protectionism, the dismantling of the World Trade Organization’s (WTO’s) dispute settlement system, and protests against international financial institutions such as the International Monetary Fund (IMF) are expressions of a backlash against economic globalization. Political globalization is also experiencing pushback as voters and politicians are criticizing the constraints that international institutions place on national sovereignty. International organizations as diverse as UNESCO (United Nations Educational, Scientific and Cultural Organization), the International Criminal Court, and the European Union have lost important member states, and initiatives for new international agreements have been hard to conclude. Finally, there is also growing backlash against social and cultural globalization, expressed as anti-immigrant rhetoric, antitourism protests, and a general concern about the loss of local cultures in a globalized world.
My War on Globalism 1
