![]() ![]() The end of contemporary forms of globalism must also mean the end of the global city. The end of at least four decades of globalization would not only mean a very profound shift in the nature of the international system, a distinctive shift in the mode of capitalist regulation, and a reassessment of the merits of the neoliberal form. “The end of contemporary forms of globalism must also mean the end of the global city.” While there may not be quite enough evidence to say that liberal order and contemporary globalization are unraveling or in terminal decline, there are sufficient logical and historical grounds to expect that the imbrication of neoliberal capitalism is generating unsustainable contradictions, tensions and instabilities that can only be resolved by the emergence of a new model. There are many signs that this global order is now under threat: the rise of protectionist and nationalist sentiments, a shift towards authoritarian leadership, the rise of right wing political parties and movements, the roll back of support for the international institutions that have underpinned the liberal order, and the ongoing instabilities of global capitalism. Today’s global cities are a product of globalization – the process that began to take shape in the 1970s, as a group of powerful states led by the United States redesigned the international political economy along neoliberal principles. A longer and modified version of this article first appeared in the special issue “The De-Globalized City” of the journal New Global Studies. ![]()
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