28 Sep '16, 3pm

Op Ed: Blockchain Can Make Globalization Work

Op Ed: Blockchain Can Make Globalization Work

De-globalization is not just about Brexit and rising U.S. protectionism. It is much more than that. It's a pervasive negative attitude regarding globalization that includes various autonomous and sometimes antagonistic movements, such as anti-Western universalism in Eurasia, anti-federalism in Eastern Europe, Piketty-type neo-Marxism in Western Europe, as well as the Islamic State and the like from the Mediterranean to Central Asia. What's at stake here is the post World War II intellectual construct positing that if people from all civilizations find it profitable to be acquainted through exchange, they will become interdependent and identify with mankind as a whole, peacefully. Globalization is losing ground fast to de-globalization — the view that a globalized economy generates intolerable inequalities between people, classes, nations and civilizations. To combat inequa...

Full article: https://bitcoinmagazine.com/articles/op-ed-blockchain-can...

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