The Wrecking of the Liberal World Order

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The decline of the Liberal World Order (LWO) is attributed to a deviation from its foundational principles rather than hypocrisy or external threats. Originally designed to balance state sovereignty with market forces, the LWO's focus shifted in the 1980s, prioritizing market dynamics over democratic values, leading to a Neoliberal Global Order. The author argues for a return to the LWO's original ideals, which once represented the peak of political modernity following World War II, to address the current crisis effectively.