How Globalization Came to the Brink of Collapse

Many of the advantages of economic globalization, such as increased connectivity and interdependence, also give rise to risks, such as the transmission of viruses and lack of self-sufficiency in producing essential items. Once economic globalization is seen as a complex system that involves great benefits as well as systemic risks, it is possible to think more clearly about options for managing those risks to protect against collapse. These options can include reforms that, for instance, reduce concentrated reliance on particular nodes within the system or increase redundancy of essential supplies in order to foster greater resilience. 

https://www.barrons.com/articles/how-globalization-came-to-the-brink-of-collapse-51585865909

The United Nations goes missing

The coronavirus pandemic should have been a moment for global action. Instead, the U.N. is riven with dissension and self-doubt, and countries are going their own way.

Unlike nearly six years ago, when the Security Council declared Ebola a threat to world peace and security, a disease that doesn’t respect borders is no longer enough to push feuding world powers — the United States, China and Russia — to use the U.N. stage to coordinate a political response. China, which held the Security Council presidency in March, when the illness was declared a pandemic and began to overwhelm some European and American health systems, did not call a meeting on it. The U.S., increasingly guided by President Donald Trump’s America First views, has not stepped up at the U.N., feeding the sense that the world body is hobbled, if not utterly paralyzed by the very kind of crisis it was meant to address.

https://www.politico.com/news/2020/04/08/united-nations-coronavirus-176187

The WHO isn’t perfect, but it needs more money and power, not less

The WHO needs more authority, not less. 

It needs the capabilities to independently investigate outbreaks and to provide rapid and significant support to control those outbreaks where they occur. The WHO should be able to fund and coordinate the development and global rollout of tests, equipment, treatments, and vaccines, and it should be able to rely on other parts of the United Nations to support a financial response designed to limit the economic costs of an outbreak. The WHO has many of these powers on paper. What it needs is more money to execute them.

https://www.technologyreview.com/2020/04/15/999085/who-trump-funding-cut-bad/?truid=e0dd2cbe984961ceccec29c613c6f06f

Is This the End of Neoliberal Globalization? ($)

The ideology underpinning neoliberal globalization demands that all markets and exchanges, large and small, global and local, be optimized for profit. This has been the mantra of corporate executives and elites for the past four decades. Empty hospital beds cost money. Local production is too expensive. Stockpiles of surgical masks and ventilators are a waste of money. Community hospitals in poor and rural counties won’t turn a profit, so they must be closed.

https://jacobinmag.com/2020/05/is-this-the-end-of-neoliberal-globalization

 

https://drive.google.com/file/d/1u15wh_L6g3Re5nBgzwZohhhPNhdwZ42H/view?usp=sharing