Great global transformation: national market liberalism in a multipolar world

伟大全球变革:多极化世界中的国家市场自由主义

LSE: Public lectures and events

2025-11-06

1 小时 5 分钟
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Contributor(s): Professor Branko Milanovic | Join us for this talk by Branko Milanovic about his new book, The Great Global Transformation: National Market Liberalism in a Multipolar World. Global neoliberalism is on its last legs, while a new international economic order is taking hold. Trade blocs, tariff wars, economic sanctions, and national champions are in; nationalism, anti-immigration movements and the far-right are on the rise. Liberalism is being rejected by the civic realm, as the status quo of the past fifty years crumbles. What remains in its wake? Drawing on original research, economist Branko Milanovic reveals the seismic shifts that are shaping our world. He details the facts: how the rising economic power of Asia is creating a new global ‘middle class’ in the greatest reshuffle of incomes since the Industrial Revolution. He explores our fears: why are we becoming increasingly unhappy, when the world is becoming richer and more equal? And he shows us the fight ahead: as plutocracy returns, global war threatens, and a new system silently shapes our nations, driving malcontent to breaking point.
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  • Welcome to the LSE Events podcast by the London School of Economics and Political Science.

  • Get ready to hear from some of the most influential international figures in the social sciences.

  • Good evening everyone.

  • Welcome to the LSE for this hybrid event.

  • My name is Kirsten Sainbrook and I am a Distinguished Policy Fellow at the International Inequalities Institute here at the LSE.

  • I'm very pleased to welcome Professor Branko Milanovic back both to the Inequality Institute and also to the LSE.

  • Branko is a research professor at the Graduate Center at the City University of New York, CUNY.

  • He's also a senior scholar at the Stone Center on Socioeconomic Inequality at CUNY and a visiting professor here at the International Inequality Institute at the LSE.

  • Franco's main area of work is income inequality,

  • both in individual countries, but also globally, including pre-industrial societies.

  • This event marks the launch of his new book,

  • Great Global Transformation, National Market Liberalism in a Multipolar World.

  • And this was released today, so we're very privileged to have him here today.

  • It's a fantastic book, it's well written, I've read it.

  • It's very entertaining in terms of the detail that it includes for an economics book and it's also very timely in its publication

  • because President Donald Trump was elected exactly one year ago and much of the book is about the consequences of some of the policies he puts forward.

  • This event is being recorded and we will hopefully be able to make it available as a podcast subject to no technical difficulties afterwards and as always there will be a chance for both the in-person and online audience to ask questions.

  • For the online audience you can submit questions via our Q&A feature at the bottom of your screen and please include your name and affiliation when you do so.

  • For those in the theatre, I'll open up the discussion when Branko is finished with his presentation.

  • But for now, I'm delighted to pass the baton on to him, and we'll give you back to the LSE.