The “Disintegration” Of Global Capitalism Could Unleash World War 3, Warns Top EU Economist
Key red flags that the world is on a slippery slope to a global war, he finds, include:
- the inexorable growth of military spending;
- democracies transitioning into increasingly authoritarian police states;
- heightening geopolitical tensions between great powers;
- the resurgence of populism across the left and right;
- the breakdown and weakening of established global institutions that govern transnational capitalism;
- and the relentless widening of global inequalities.