Eddie Ashbee’s book on deglobalization has now been published by Agenda


Eddie Ashbee
23/09/2024

As Ashbee readily acknowledges, the term “deglobalization” is, like “globalization” some decades ago open to argument and contestation. Although popular commentaries have focused on the many challenges to globalizing processes, not least Donald Trump’s ascendancy, Brexit, the bitter opposition to immigration in many countries, trade tensions and the impact of war, the indexes that chart global trends suggest that although the rate at which the world is globalizing may have slowed after the 2008 financial crisis it continues unabated.

In the book, Ashbee accepts much of this but also argues that the many indexes that seek to chart globalization and deglobalization can be too loose and dependent upon an excessive range of variables. There have been important shifts and while these should not be exaggerated they should not at the same time be dismissed. Increasingly, global capital is making its peace with the populist backlash in Europe and North America. Restrictions on immigration and even talk of “mass deportations” have become a new normal. The state has made a comeback in terms of channeling investment. Cultural and social changes, once hailed as universal rights, are being reined back. National cultures and borders are being championed again.

It is fair, the book argues, to argue on the basis of this that globalizing processes have been, and are still being, reconfigured. The term "deglobalization" can be used. The question, however, as to whether this reconfiguration will prove stable or durable. 

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