Wednesday, March 4, 2026

Chapters 28, 29 + NYT Article

Ch. 28 --    "Where states were once the masters of markets, now it is the markets which, on many crucial issues, are the masters over the governments of states." This sentence right here pretty much summarizes the future of governments. This also somewhat explains the ideas behind the Neoliberalism push that had started in the 1900s. The climbing dominance of markets over the government has both its benefits and detriments; for benefits, it can improve economic growth and can reduce trade barriers between countries. A big con of this is that it can create massive inequalities due to the privatization of public goods.
The paradox involving the decline in authority in the more powerful countries/states, as well as the growing amount of "states-to-be" as I'll call them, seemed initially very confusing to me. But as I read on, I understood more about what Strange was saying in their statement. There is an ever-expanding want of statehood among states-to-be, but at the same time, the value of a state being a state is declining, government and all.

Ch. 29 --   The focus of this chapter, (clearly) is crime; more specifically organized crime. As the article shows frequently, organized crime groups have to adapt to the globalizing world. In the adaptation to the newly emerging systems, crime groups had found ways of "exploiting the growth mechanisms of globalization."

--Unfinished--

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