Our history is as much a product of torsion and stress as it is of unilinear drive. It is amusing that at any given point of time we haven't the slightest idea of what is happening to us. The present wars and ideological changes of nervousness and fighting seem to have direction, but in a hundred years it is more than possible it will be seen that the direction was quite different from the one we supposed.The limitation of the seeing point in time, as well as in space, is a warping lens.

John Steinbeck,  The Log from the Sea of Cortez

Popular delusions occur when appealing but baseless stories spread contagiously from one person to another. Some ideas are more virulent than others: people have been found to react most enthusiastically to narratives of fear.

Edward Chancellor, "Waiting to Deflate" New York Review (August 19, 2021)

It is not a correct deduction from the principles of economics that enlightened self-interest always operates in the public interest.

 
John Maynard Keynes, The End of Laissez-Faire, as quoted by Zachary D.Carter in The Price of Peace

Democracy or Globalization?

Global markets suffer from weak governance and are therefore prone to instability, inefficiency, and weak popular legitimacy…. If you want more and better markets, you have to have more (and better) governance.  Markets work best not where states are weakest, but where they are strong.... Even though it is possible to advance both democracy and globalization…this requires the creation of a global political community that is vastly more ambitious than anything we have seen to date or are likely to experience soon.  It would call for global rule making by democracy…. Democracies have the right to protect their social arrangements, and when this right clashes with the requirements of the global economy, it is the latter that should give way. 

Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy