The combination of globalisation and technology has led to material change in power bases and as ever, writes Anthony Rayner, there have been winners and there have been losers
It is common to look at how the world is changing through the lens of globalisation or technological innovation but another way of looking at changing dynamics is to focus on power bases. In fact, the combination of globalisation and technology has led to material change in power bases and, as ever, there have been winners and losers. The new power bases are China, India and the technology disrupters themselves. Some of the losers are the US, an empire in decline, and the UK, an empire already declined and struggling to find its way post-Brexit. As a result of these dynamics, in the ‘los...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes