Those who gathered in Davos for the World Economic Forum’s annual meeting this year were not wrong to fear that globalization is in retreat for the first time since 1945. Though the economic case for free trade and deepening integration remains sound, it has always been missing a critical element.
CAMBRIDGE – One of the most iconic images of our time shows a polar bear marooned and adrift on an ice floe. Few other images capture the reality of climate change so viscerally. And now, ironically, Davos Man finds himself in a similar metaphorical position. His natural habitat, the hyper-globalized world of the past half-century, is shrinking, and he has gone from skiing in the Swiss Alps to skating on thin ice.
CAMBRIDGE – One of the most iconic images of our time shows a polar bear marooned and adrift on an ice floe. Few other images capture the reality of climate change so viscerally. And now, ironically, Davos Man finds himself in a similar metaphorical position. His natural habitat, the hyper-globalized world of the past half-century, is shrinking, and he has gone from skiing in the Swiss Alps to skating on thin ice.