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Technology vs Nationalism: The Global Clash

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Abstract

In less than fifteen years, the world has experienced the worst financial crisis since the 1930’s, the worst global pandemic since the flu in 1918, and the largest war fought since the Second World War. This manuscript argues that these crises are not isolated events. The main thesis is that the global economy of the twenty first century must be understood as the consequence of the global clash between technology and nationalism. The three crises happened due to this global clash, which also explains the world`s climate crisis, and the uprising of international crime. We are experiencing the first technological revolution that has truly globalized the world, the ICTR (Information -Communication-Technology-Revolution); and a backlash against it, led by nationalistic, protectionist, populist tendencies. The future of the global economy during this century will be defined by the outcome of this global clash.

Suggested Citation

  • Obregon, Carlos, 2022. "Technology vs Nationalism: The Global Clash," MPRA Paper 122460, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:122460
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    File URL: https://mpra.ub.uni-muenchen.de/122460/1/MPRA_paper_122460.pdf
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    Keywords

    financial crisis; 1930; Carlos Obregon; global pandemic; 1918; Second World War; global economy; twenty first century; global clash; climate crisis; international crime; Carlos Obregón; globalized; ICTR; Information; Communication; Technology; Revolution; nationalistic; protectionist; populist; future; outcome;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A10 - General Economics and Teaching - - General Economics - - - General
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • A19 - General Economics and Teaching - - General Economics - - - Other
    • F00 - International Economics - - General - - - General
    • F01 - International Economics - - General - - - Global Outlook
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F30 - International Economics - - International Finance - - - General
    • G00 - Financial Economics - - General - - - General
    • G01 - Financial Economics - - General - - - Financial Crises
    • G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G19 - Financial Economics - - General Financial Markets - - - Other
    • H00 - Public Economics - - General - - - General
    • I00 - Health, Education, and Welfare - - General - - - General
    • I10 - Health, Education, and Welfare - - Health - - - General
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I19 - Health, Education, and Welfare - - Health - - - Other
    • I20 - Health, Education, and Welfare - - Education - - - General
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General
    • P10 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • P40 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - General
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • Z00 - Other Special Topics - - General - - - General
    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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