Uncommon Knowledge Niall Ferguson

War and the World Economy

This book offers a deep-dive analysis of the period of globalization from the late 1980s to the present through the lens of long wave theory. It traces how the end of the Cold War transformed the base of the global economy, doubling the working-class producing profits, and its superstructure, reestablishing US monopolar dominance. It explores how the ‘hyper-globalization’ of the period up to 2008 has transitioned into a new long wave of de-globalization, stagnation and multi-polar conflict. The book focuses particularly on the looming and actual wars – in trade, tech, and military terms –intertwined with world economics as the twenty-first century progresses. The book addresses three overarching themes: globalization versus de-globalization, great power conflict versus cooperation, and trade/tech integration versus competition. It examines the shift from stagnating conditions in the late 1970s to the resurgent hyper-global capitalism of the 2000s after the integration of the former Centrally Planned Economies (CPEs) into the world market, leading to, but not ending with, the 2008 Great Financial Recession. Globalization is analysed in depth at both a national and global level, with insights on the diverging paths of US and China forming a central focus of the chapters. The book provides a comparative analysis of US and Chinese economic development and discusses how globalization inevitably produced de-globalization: reversing trends towards the integration of production, trade and finance that have defined the world economy over the last three decades. This book will be of interest to scholars and students in areas including political economy, macroeconomics, war studies, international relations and more.

Reconstructing Power and Hegemony in Public International Law

This open access book examines international law from a critical perspective, at a time when some would say that it is under an existential threat. The modern international institutions — collective security through the UN, the monetary order of the Bretton Woods system, and trade liberalisation anchored in the World Trade Organization — are all contested. Several of the contributions explore whether international lawyers might want to consider positioning themselves in opposition to this wave of contestation. While some aspects of the global system may be ripe for reform, the world stands at a crossroads: will an emerging multipolar order lead to greater instability, or might it fulfill some of the aspirations expressed in earlier critiques? The volume is structured around six central themes: critical doctrinalism, constructing and redefining identities, the role of scholars, the politics of historicising international law, international law as an instrument and a part of warfare, and reconsidering hegemony, imperialism, and colonialism. The aim is to deepen the understanding of what is at stake in the current state of the international world order. As such, the book is intended for scholars, students, and the general public. It is published in tribute to Pål Wrange, Professor in International Law at the Faculty of Law of Stockholm University. Mark Klamberg is a Professor in International Law at the Faculty of Law of Stockholm University in Sweden. Katinka Svanberg is a Senior University Lecturer in International Law and LL.D. from Stockholm University in Sweden. Love Rönnelid is a Senior Associate Lecturer in International Law at the Faculty of Law of Stockholm University in Sweden.

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