World Order in a Time of Monsters | by Minouche Shafik - Project Syndicate

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World Order in a Time of Monsters | by Minouche Shafik - Project Syndicate

The failure of national social contracts, combined with growing cynicism and disappointment over the international system’s perceived unfairness, has fueled the breakdown of the global order. Building a positive-sum framework requires new social contracts based on progress, security, and a sense of shared destiny.

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LONDON – “The old world is dying and the new world struggles to be born: now is the time of monsters.” This famous quote, often attributed to Antonio Gramsci, is particularly relevant today, when the international order that has defined the past century is undergoing a profound change. That order has been shaped by two crucial historical moments. The first occurred after 1945, when the current international system was established through the cre…

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World Order in a Time of Monsters - 3 Quarks Daily

Minouche Shafik at Project Syndicate: It is a multipolar world, with China, Russia, India, Turkey, Brazil, South Africa, and the Gulf states challenging the old order, alongside other emerging powers demanding a greater voice in shaping the rules of the international system. Meanwhile, belief in “universal values” and the idea of an “international community” has waned, as many point to the hypocrisy of rich countries hoarding vaccines during the…