Commonwealth Club Of California Podcast

Financial Times columnist and CNN global economic analyst Rana Foroohar offers a deep look at the vulnerabilities of globalization. She makes the case that the reign of globalization as we’ve known it is over and the rise of local, regional and homegrown business is now at hand. She says that for decades, the neoliberal economic philosophy of prioritizing efficiency over resilience and profits over local prosperity has produced massive inequality, persistent economic insecurity, and distrust in our institutions. Place-based economics and a wave of technological innovations now make it possible to keep operations, investment and wealth closer to home, wherever that may be. With the pendulum of history swinging back, Foroohar explores both the challenges and the possibilities of this new era, and how she says it can usher in a more equitable and prosperous future. NOTES This program is generously supported by the Jackson Square Partners Foundation. SPEAKERS Rana Foroohar Global Business Columnist and Associate