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If The Economist says it, it must be true. Or so goes the saying for many in the foreign-policy sphere. This week, the magazine published a surprising lead article claiming: “The liberal international order is slowly coming apart.” The cover story argues that due to a mix of sanctions, subsidy wars and fragmenting global capital flows, the world’s hard-fought international institutions are crumbling away. What’s worse, write the authors, outright war could be on the cards between the West and either China or Russia.
The order that has governed the global economy since the second world war is close to collapse. A worrying number of triggers could set off a descent into anarchy, where might is right and war is once again the resort of great powers https://t.co/84A36812ge 👇
— The Economist (@TheEconomist) May 9, 2024
The article ends on a dour note, suggesting the reader shouldn’t be encouraged by the mirage of strong American economic growth. The postwar order built by Washington may not be able to survive the impending doom it is facing. Atlanticists, look away now.
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