How Globalization Went Bad

This is a really worthwhile article, even if the title is not really right for the content. In my mind, a better title would have been: "The Risks of a Unipolar World". To read the whole article and see what I mean, click on the post title above.

How Globalization Went Bad

By Steven Weber, Naazneen Barma, Matthew Kroenig, Ely Ratner Page 1 of 4

January/February 2007, Foreign Policy

From terrorism to global warming, the evils of globalization are more dangerous than ever before. What went wrong? The world became dependent on a single superpower. Only by correcting this imbalance can the world become a safer place. The world today is more dangerous and less orderly than it was supposed to be. Ten or 15 years ago, the naive expectations were that the “end of history” was near. The reality has been the opposite. The world has more international terrorism and more nuclear proliferation today than it did in 1990. International institutions are weaker. The threats of pandemic disease and climate change are stronger. Cleavages of religious and cultural ideology are more intense. The global financial system is more unbalanced and precarious. It wasn’t supposed to be like this. The end of the Cold War was supposed to make global politics and economics easier to manage, not harder. What went wrong? The bad news of the 21st century is that globalization has a significant dark side. The container ships that carry manufactured Chinese goods to and from the United States also carry drugs. The airplanes that fly passengers nonstop from New York to Singapore also transport infectious diseases. And the Internet has proved just as adept at spreading deadly, extremist ideologies as it has e-commerce....