From today´s FT. Very interesting ... indeed!
Save globalisation from radical global utopians "The biggest reason for hope is the prospect of a reformed, sober US. Once the American mind is exorcised of today’s mechanistic utopianism, the most probable result will be a return to a far more realistic, practical, ethical internationalism. Rather than attempt to retreat into an equally impossible autarky, it is far more likely that America will re-embrace the responsibility of using state power to engineer markets and systems to serve its own people, while ceding to other states far more space to serve their citizens in ways of their own choosing. The next global system will be far more heterogeneous, cosmopolitan, liberal and flexible than today’s.
Utopian universalism is dead. The sooner nations gather to bury its corpse – and harness, hobble or break up the immense companies that have grown so powerful in the shadow of that myth – the more likely we will be to save globalisation. This, of course, can happen only if we define globalisation, once again, as a political process that must be managed by nation states. The result may not be perfect, and it certainly will be no utopia. But it is the best we can expect on this earth. And that may be enough."
The writer, a senior fellow at the New America Foundation in Washington DC, is author of End of the Line: The Rise and Coming Fall of the Global Corporation (Doubleday)