First a Trilemma, Now a Chess Box
Mark Thoma sees this as similar to Rodrik’s global trilemma (see earlier post) which is fair enough, but this article has a different focus. It is very plausible that a focus on hard power negates the propensity for global action to an extent, but as we are all empiricists now, we demand proof. My own take on this is that we can use military spending as percentage of GDP (while not a measure of global significance) as a measure for reliance on hard power. Measuring accordance is trickier. Perhaps we look through the significant treaties and resolutions?
Between economic globalisation and the nation state, I’ll take economic globalisation any day. Which is why I hope the EU gets through this mess soon.