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by vlovich123
1274 days ago
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You establish agreements over a large enough market that it actually makes a different so that competitors doing the right thing aren’t penalized or aren’t penalized enough that they’re disincentivized. Sometimes that market is the US and you only need a local bill to do that. Sometimes you do a bilateral or multilateral treaty. But these things happen all the time even today. Eg if not for trump there would probably have been a new pacific trade agreement and Biden has managed to rally multilateral cooperation around security issues around Russia (eg see new applications to NATO as one example as well as related economic agreements and sanctions) and climate change. The main challenge is that Trump’s behavior of cancelling deals that were on the finish line as well as backing out of existing agreements (Paris accords + Iran) means that partners are now more wary of entering into agreements in the first place. This has less to do with globalization and more to do with USA’s increasing instability as a reliable partner that can execute on agreed-upon commitments across political transitions. So now countries are less reliant on commitments from the USA. From one perspective, that’s good - local autonomy is a powerful tool. From a different perspective, the USA frequently (not always and maybe not even a majority of the time) lead the way and set a global direction through unilateral action (ie even without treaties). Again, that’s gone less because of globalization I think and more that the world has grown tired of USA’s political weight throwing and realpolitik behavior rather than sticking to common principles (democracy, rule of law, not torturing enemies no matter what they’ve done, human rights, raising up scientists and facts even when politically inconvenient or leaders applying pressure to move their voter base instead of playing tail wag the dog, having principles about who we count as our allies etc). One set of behaviors engenders trust while the other degrades it and leads to whatsboutisim politics. Agreements in low trust environments are rarer and harder to maintain. Agreements in high trust environments are much cheaper. So, while I agree that the “governments around the world coordinating” is harder I disagree that it’s impossible or that it was caused by globalization Val multi-generational realpolitik weight throwing and underhanded behavior that killed a lot of the good will brought about as the “saviors of WWII” propaganda that was wide spread + “golden city” aura post WWII and during the Cold War + technological and economically outpacing Russia. We’ve been leveraging that good will more than our finances because the former is completely invisible and impossible to quantify and measure. |
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