The Wrecking of the Liberal World Order

Beschreibung

The Liberal World Order was a political project designed to keep together as harmoniously as possible state sovereignty—in its liberal-democratic version—and market economy—entailing free trade on the international level. Framed in this unique way, those three concepts—'international order,’ ‘sovereignty’ and ‘market economy’—have characterized the rise of political modernity. This book states that since the 1980s the Liberal World Order has been gradually replaced by a ‘Neoliberal Global Order’ and exposes the intellectual premises to revive and restore the balance between democracy and market-based economy, the fundamental premise upon which both liberal democracies and the LWO have been built.

Vittorio Emanuele Parsi is Professor of International Relations at Università Cattolica del Sacro Cuore (Milan, Italy) and Director of ASERI (Graduate School of Economics and International Relations).

“ Vittorio Parsi offers a sweeping and penetratingaccount of the rise and fall of the modern liberal international order. Elegant, erudite, and insightful, Parsi chronicles the stormy voyage of the Western democracies as they search for calmer seas and gentler winds.“

 G. John Ikenberry, 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. 

Michael Mastanduno, Dartmouth College, USA

“One of Europe’s most original thinkers offers a penetrating assessment of the Liberal World Order and its prospects.  

 Matthew Evangelista, Cornell University, USA

“Parsi has written a book of tremendous importance. 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, Georgetown University, Qatar

“Vittorio Parsi’s 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. 

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.

Autor*in

Vittorio Emanuele Parsi

Themen in »The Wrecking of the Liberal World Order«

liberalism liberal order US decline populism terrorism China Russia EU

Stimmen zu »The Wrecking of the Liberal World Order«

“Parsi’s book, The Wrecking of the Liberal World Order, starts with ‘The Liberal World Order and the Broken Pact Between Democracy and Market’. … The Liberal World Order described by Parsi involved five pillars. … In developing his theme, the book follows with several very well developed, in-depth chapters on the development … . Subsequent chapters cover Parsi’s four trends in admirable depth. …” (Philip G. Cerny, European Review of International Studies ERIS, Issue 10, 2023)
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“In this tour de force,  Vittorio Parsi offers a sweeping and penetrating account of the rise and fall of the modern liberal international order, emphasizing its unique and historical contingent emergence on the world stage and its complex and often conflicting internal principles and logics.  Elegant, erudite, and insightful, Parsi chronicles the stormy voyage of the Western democracies as they search for calmer seas and gentler winds".(--G. John IkenberryAlbert 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

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