Globalization’s Trilemma and Sustainability

Can we enjoy democracy, nation state and deep economic globalization at once? This is the big question posed by the outstanding development economist Dani Rodrik in his recent book “The Globalization Paradox”. His answer is: no, we cannot have them all at the same time. We are forced to choose two of the goals instead, limiting our pursuit for the third one. As Rodrik further argues, since democracy is and remains one of humanity’s greatest achievements and one can hardly imagine a global government, economic globalization is what has to be constrained. I would like to show here that from the point of view of sustainability, his is an essential insight. Continue reading