Show Notes
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#politicaltrilemma #smartglobalization #nationalsovereignty #democraticlegitimacy #BrettonWoodscompromise #TheGlobalizationParadox
The Globalization Paradox: Democracy and the Future of the World Economy is a work of international political economy by Dani Rodrik, a Harvard economist known for research on development, trade, institutions, and economic policy. Published in 2011, the book challenges the assumption that deeper global economic integration is always desirable or politically sustainable. Its central purpose is to explain why open markets, democratic decision making, and national self-determination cannot all be maximized at the same time. Rodrik combines economic reasoning with historical analysis, moving from earlier phases of globalization through the gold standard, Bretton Woods, and the late twentieth century push toward liberalized trade and finance. Rather than rejecting globalization outright, he argues for a more limited and institutionally grounded version that leaves room for domestic social contracts, regulatory diversity, and democratic choice. The book is analytical but accessible, aimed at readers who want to understand the political limits of global markets.