Paper presented at the Carnegie Council in February 2000.
Globalization has increasingly disconnected one single element—
networks of production and finance—from what had been an overall system of
institutional relations, and sent it off on its own spatial and temporal
trajectory. This has produced disequillibria in the world political economy,
which will persist unless and until the strictly economic sphere is embedded
once more in broader frameworks of shared values and institutionalized
practices.
You may also like
MAY 6, 2026 • Podcast
Building Moral and Professional Resilience
Watch/listen to the latest "Values & Interests" podcast featuring Gilles Michaud, UN Under-Secretary-General for Safety and Security.
MAY 1, 2026 • Video
U.S. Power and Principle
James Story, former U.S. ambassador to Venezuela, visits Carnegie Council to discuss the new dynamic between American power and principle.
APR 21, 2026 • Video
The Ethics of AI Agents in Global Governance
Watch this "Ethics Empowered" event, in which an expert panel grapples with the challenges of AI agents in multilateral and diplomatic spaces.