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" ... As things stand in the summer of 2016, the risks seem to be overwhelming the rewards. There are fractions within societies – illustrated by the rise of populism and the Trump syndromes – there are fractions within regions – illustrated by Brexit in Europe – there are global systemic fractions, eg conflict between the established hegemon, the US, and the rising global power, China – and the growing chasm between those developing countries that have been integrated in the global market (eg Vietnam) and those that remain on seemingly perpetual periphery (most of Sub-Saharan Africa). Business executives have a key role to play in mitigating the risks and enhancing the rewards in a truly globally inclusive manner. But in order to do so, business elites need to understand what is happening, how we got to where we are, what steps might be taken towards a more cohesive world than is the lamentable case at present. ... "
" ... Thinking of China’s efforts as an insurgency helps explain its tactical approach and overall strategy, and it underscores the substantial challenges that it continues to face in trying to unseat the dollar as a financial hegemon and safe haven of last resort. Using the right framework to evaluate China’s strategy and progress can provide investors with guideposts to identify whether or not the yuan will assume this mantle in the future. ... "
" ... Thus, whereas most reasonably well-educated people could articulate the main ideological differences between communism and democracy, how many even highly-educated people can explain the theological differences between Sunnis and Shi'ites? At the risk of making an appalling metaphor, confusion reigns all the more today as the United States, the global hegemon, seems to be toying with a "Trump card". ... "