McMoscow

The podcast explores the changing landscape of globalization, particularly in light of recent events like the pandemic and the Russia-Ukraine war. It examines the history of globalization, from the post-World War II era to the hyper-globalization of the 1990s, noting the economic integration of countries like Russia and China. Patrick Foulis, business affairs editor at The Economist, discusses the golden arches theory, which posits that countries with McDonald's are less likely to engage in conflict due to economic interdependence. The conversation further addresses the backlash against globalization, the rise of protectionist sentiments, and the potential reshaping of global supply chains, with companies like Intel seeking to bring production closer to home. Ultimately, the podcast considers the future of globalization, weighing the risks of fragmentation against the benefits of continued connectivity.