Poverty through the world, particularly in Africa and Asia, is undoubtedly the largest humanitarian problem that exists today in the world. That translates to hunger, disease, very difficult living conditions, and early death. As a result, the pressure to migrate is intensifying and more civil unrest is mounting. This segment provides insight into the associated problems.
In Segment 1 we learned that the world is a very unequal place, and much of that inequality stems from two factors given a person at birth: where you were born and your parents income. This segment focuses on the history that caused such inequality and means to reduce both as an individual and as a nation.
The world is becoming far more integrated with increasing interactions among different people of the world. This is being fueled by huge advances in technology, particularly in the areas of communication and travel. Economic globalization is leading the way to globalization far outpacing that of social, political, and justice globalization which this segment illuminates.
Since the late 1980s, globalization has created some big winners – and at least in relative terms – substantial losers among nation states. This set of excerpts looks at world regions providing perspectives on both the winners and losers, and importantly why.
This segment analyzes the history of numerous nation states and classifies them into two categories: those with little historical economic progress and those with significant economic progress. The authors posit that the first group are victims of “the vicious cycle,” resulting from extraction by political institutions. And further posits that the second group results from “the virtuous cycle” that sets in motion and maintains greater inclusiveness. Both are most interesting perspectives from Daron Acemoglu and James Alan Robinson’s book Why Nations Fail (2012).
The United Nations is one global institution who seeks to improve the globe as a whole. Formed in 1945, it has gone through four different evolutionary steps which are covered in the segment. The current evolutionary effort is categorized as “Sustainable Development and Globalization,” which commenced in 1989. The segment highlights the goals of this focus.
Different organizations and individuals have postulated on what type of government should exist in the future to govern this emerging global society. The paradox of such governance is the world can not have hyper-globalization, democracy and self-determination all at once. We can have at most two of the three. This segment explains why and provides further perspectives on global governance.
Author Vivek Ramaswamy is a very interesting person. His parents immigrated from India. He was a Hindu student who graduated valedictorian from a Jesuit high school in 2003. Then he graduated from Harvard and joined a hedge fund. After becoming the youngest partner in the firm, he studied law at Yale while keeping his job at the hedge fund. Then he started a biotech company which he later sold, because he was troubled with what was happening in corporate America. Specifically, how wokeness has remade capitalism in its own image. This set of epilogue excerpts explains what is happening with multi-national corporations: the movement from shareholder capitalism to stakeholder capitalism.
This is the third epilogue derived from Vivek Ramaswamy’s book, Woke, Inc. It explains how the corporate movement from “shareholder capitalism” to “stakeholder capitalism” is accompanied with a set of ESG-metrics – ESG standing for Environment, Social, and Governance. Further, how this is fueling an alliance between large corporations and the government which is resulting in a corporate managerial class which is of danger to our democracy.
The Great Reset by Glenn Beck does a good job of capturing much of the learning resulting from the previous 15 epilogues and how it is being used by the globalist World Economic Forum. Specifically, “stakeholder capitalism” is the new economic theory of the globalists, fueled by modern monetary theory, and a soft-authoritarian governance desire. This development has been catalyzed by the COVID – 19 Pandemic but is dependent on the Climate Change Crisis for longevity. He posits that the Biden administration has embraced the concept and is working feverishly to impose the Great Reset – “a new world order” – in our country.