In this lecture Fareed Zakaria starts by asserting that the world we would like to live in looks an awful lot like the world we actually live in. He describes 4 trends in our world today that he considers responsible for the current global well-being (if you will).
- "Global Peace"
- Broad global middle class bolstered by the constraining of inflation
- The "Anglo American consensus"
- Technology that empowers human beings and not regimes
He argues that we are undergoing a major power shift in the 21st century.
16th century global power shift: RISE OF EUROPE
19th century global power shift: RISE OF THE UNITED STATES
21st century global power shift: "RISE OF THE REST"
Question to consider: Do you think the "Rise of the Rest" threaten this world we have?
Zakaria argues that he finds the "Rise of the Rest" less threatening to democracy and Western values than the rise of ILLIBERALISM in the West. He worries more about the core than the periphery. He describes the following as particularly threatening to democracy:
- "Demo-sclerosis" & rising power of special interests
- "Tyranny of the present over the future"
- Rise of Illiberalism in the west as seen with the increasing acceptance of nationalist parties, religious fundamentalism, anti-immigrant ideas, etc.