Contributor(s): Michael O'Sullivan | The liberal, globalised world order is withering according to Michael O'Sullivan in his new book The Levelling: What's Next After Globalization which he will talk about in this lecture. The levelling is the process of ironing out imbalances like indebtedness and inequality, and proposing new ideas and frameworks to kickstart the next world order. The Levelling will involve the levelling of political accountability and responsibility between political leaders and “the people”, the levelling of institutional power—away from central banks and defunct twentieth-century institutions such as the WTO and IMF and toward new treaties (on risk and monetary policy) and new institutions (for example, a truly effective and powerful climate body and an institution or agreement that oversees cybersecurity). It will also involve the levelling out of wealth between rich and poor countries and between the very rich and “the rest,” preferably with “the rest” enjoying
