Humanity in search of a new narrative4 min read . Updated: 05 Jun 2017, 01:58 AM IST
Economics must be redesigned to produce a better society, rather than society being redesigned to produce a larger economy
The peace that followed “the end of history" in 1989 (according to Francis Fukuyama) with the victory of democracy and capitalism over authoritarianism and communism has ended. Geopolitics is back on the global stage. Globalization is in retreat. Within the victors of the Cold War—the US, Britain and the rest of Europe—the people are rising against the establishments that have ruled them. History has returned. There is war between a liberal order on one side and authoritarianism and populism on the other. As in Leo Tolstoy’s War And Peace, a narrative composed of many stories, many stories are inter-woven into this global narrative of rising tensions.
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