Overview
- States that, since the 1980s, LWO has been gradually replaced by the ‘Neoliberal Global Order’
- Aims to reveal and expose the nefarious mechanisms of replacing LWO by the ‘Neoliberal Global Order’
- Sets the intellectual premises to reive and restore the LWO
Part of the book series: Palgrave Studies in International Relations (PSIR)
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About this book
The ‘Liberal World Order’ (LWO) is today in crisis. But what explains this crisis? Whereas its critics see it as the unmasking of Western hypocrisy, its longstanding proponents argue it is under threat by competing illiberal projects. This book takes a different stance: neither internal hypocrisy, nor external attacks explain the decline of the LWO – a deviation from its original lane does. Emerged as a project aiming to harmonize state sovereignty and the market, through the promotion of liberal democracy domestically, and free trade and economic cooperation internationally, the LWO was hijacked in the 1980s: market forces overshadowed democratic forces, thus disfiguring the LWO into a Neoliberal Global Order. The book advocates for a revival of its original intellectual premises, that in the aftermath of World War II marked the zenith of political modernity.
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Keywords
Table of contents (9 chapters)
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The Four Sides of the Iceberg
Reviews
Albert G. Milbank Professor of Politics and International Affairs at Princeton University, USA)
“Vittorio Parsi, one of Italy’s leading scholars of international politics, has produced an important contribution to the ongoing debate over the postwar liberal order, what went wrong with it, and whether it might be restored. Parsi’s insights will be of great benefit to professional scholars, students, and policy officials on both sides of the Atlantic".
(--Michael Mastanduno
Nelson A. Rockefeller Professor of Government at Dartmouth College, USA)
“One of Europe’s most original thinkers offers a penetrating assessment of the Liberal World Order and its prospects. Recognizing the challenges posed by Russia and China, by terrorism and migration, Vittorio Parsi nonetheless pinpoints the main source of decline in economic and political inequality at home and the pursuit of neoliberal policies of globalization abroad. A stable international order will only be possible, he argues, if governments attend to human needs, pursue economic justice, and reestablish a social compact to regain their citizens’ trust".
(Matthew Evangelista
President White Professor of History and Political Science, Cornell University, USA)
“Parsi has written a book of tremendous importance. In concise, persuasive arguments, he outlines the reasons for the steady but certain decline of the liberal world order, and what its next iteration is beginning to look like. For anyone interested in a serious examination of the emerging world order, post-Trump and post-COVID, The Wrecking of the Liberal World Order is a must read”.
(Mehran Kamrava
Author of A Concise History of Revolution, Professor of Government, Georgetown University Qatar)
“Vittorio Parsi’s The Wrecking of the Liberal World Order is exactly the right book for anyone—student, teacher, news reporter, or policymaker—who wants to understand how our domestic and global politics and economics came to such a sorry state, and what we can do to build a better future. Parsi combines political acuity with historical insight to show us how in recent decades the major liberal democratic countries lost their way, failing in particular to maintain a healthy balance between market capitalism and welfare-states policies aimed at ameliorating market-generated social inequality. Parsi is unflinching it laying out challenges to the restoration of a more humane liberal world order, including the rise of China, global terrorism, and Trump-style transactional populism. Yet, he also offers us a pragmatic program for political renewal, one that calls for a rebalancing of power between markets and welfare within and between countries, a reinvigorated common front among the democracies, and among those democracies a forthright acknowledgement not just of their common interests but their common values as well".
(Joseph M. Grieco
Professor of Political Science at Duke University, USA)
Authors and Affiliations
About the author
Vittorio Emanuele Parsi is Professor of International Relations at Università Cattolica (Milan, Italy) and Director of ASERI (Graduate School of Economics and International Relations).
Bibliographic Information
Book Title: The Wrecking of the Liberal World Order
Authors: Vittorio Emanuele Parsi
Translated by: Malvina Parsi
Series Title: Palgrave Studies in International Relations
DOI: https://doi.org/10.1007/978-3-030-72043-8
Publisher: Palgrave Macmillan Cham
eBook Packages: Political Science and International Studies, Political Science and International Studies (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-72042-1Published: 02 July 2021
Softcover ISBN: 978-3-030-72045-2Published: 02 July 2022
eBook ISBN: 978-3-030-72043-8Published: 01 July 2021
Series ISSN: 2946-2673
Series E-ISSN: 2946-2681
Edition Number: 1
Number of Pages: XV, 325
Number of Illustrations: 1 b/w illustrations