Reckons

Reckons

#Policy #Migration #Change
The Coming Entropy Of Our World Order | NOEMA
The Coming Entropy Of Our World Order | NOEMA
How do we reconcile an increasingly fractured order with an increasingly planetary reality?
Planetary thinking embraces the liminal phenomena and complex butterfly effects that tie us together, but it must also contend with the diffuse patterns of terrestrial agency that will shape our response to the planetary condition. Nowhere is this more apparent than in our efforts to adapt to climate change, which will further create the future’s winners and losers. Some geographies will suffer such intense drought that they may be fully vacated, while others such as Canada and Kazakhstan will gain millions of grateful climate migrants and be able to harness their human capital to become new power centers. The world will no longer be bureaucratically divided into investment grade categories set by ratings agencies that label them as a “developed market” (DM) or “emerging market” (EM), but between climate resilient and non-climate resilient zones. If institutionalized orders such as the late 20th-century multilateral system tended to be established only after major wars, would an entropic drift into regional spheres of influence be preferable to a World War III among dueling hegemons? In this scenario, conflicts may flare from Ukraine to Taiwan, but they would be ring-fenced within their respective regions rather than becoming tripwires for global conflict. Regions that strive for greater self-sufficiency, such as North America and Europe today, could reduce the carbon intensity of their economies and trade, but potentially at the cost of undermining their interdependence with and leverage over other regions. Such is the double-edged nature of an entropic world.
The Coming Entropy Of Our World Order | NOEMA