04 Aug 2021
Globalization Strikes Back
NEW YORK – The summer of 2021 has come to be largely defined by the ongoing COVID-19 pandemic and accelerating climate change. Both are manifestations of globalization and the reality of a world increasingly defined by the vast and fast cross-border flows of just about everything, from goods, services, and capital to data, terrorists, and disease.
Little nowadays stays local for long. The lethal coronavirus that first appeared in Wuhan, China did not remain there, and greenhouse gases emitted anywhere warm the atmosphere and ocean everywhere.
These two crises demonstrate the woeful inadequacy of efforts to address the problematic aspects of globalization. The so-called international community has again shown itself to be anything but a community. The supply of COVID-19 vaccines is billions of doses short of what is needed. The funds to pay for global immunization are likewise billions of dollars short. Governments are putting their countries first, even though fast-spreading variants are emerging in under-vaccinated populations elsewhere and are indifferent to political borders.