Highlighting the connections between economic and non-economic shocks to the world, Adam Tooze proposes that “A problem becomes a crisis when it challenges our ability to cope and thus threatens our identity. In the polycrisis the shocks are disparate, but they interact so that the whole is even more overwhelming than the sum of the […]
Welcome to the World of the Polycrisis Read More »
Stephen M. Walt considers a number of global shocks that have all happened in close temporal proximity to one another and are “overwhelming our collective ability to respond”: the breakup of the Soviet empire, China’s rise, 9/11 and the global war on terror, the 2008 financial meltdown, the Arab Spring, the global refugee crisis, the
How Many Shocks Can the World Take? Read More »
The author defines megathreats as “severe problems that could cause vast damage and misery and cannot be solved quickly or easily” (p. 4). “We are facing megathreats unlike anything we have faced before… [and] they overlap and reinforce one another” (p. 5). Roubini explores ten megathreats: debt accumulation and debt traps; easy money and financial crises;
Megathreats: Ten Dangerous Trends that Imperil Our Future and How to Survive Them Read More »
The Polycrisis is a newsletter and a series of essays and panels exploring intersecting crises with a particular emphasis on the political economy of climate change and global North/South dynamics.
Christopher Hobson often discusses the polycrisis in his blog posts, emphasizing the need to “honestly recognise and reckon with the complexity of the present moment.” “Polycrisis: In this Valley of Dying Stars” (18 August 2022) “Seeing Polycrisis: Facing Fractals” (26 August 2022) “Polycrisis and Metamorphosis: When Change Outpaces Comprehension” (2 September 2022) “Picking up Polycrisis:
Imperfect Notes on an Imperfect World Read More »
Mathew Davies and Christopher Hobson argue that the COVID-19 pandemic is part of an ongoing polycrisis that requires significant changes to the ways in which the discipline of International Relations understands the world. They propose that “Polycrisis is a way of capturing the tangled mix of challenges and changes [that] closely interact with one another,
An Embarrassment of Changes: International Relations and the COVID-19 Pandemic Read More »
Adam Tooze frequently discusses various aspects of the polycrisis in his blog posts. Notable entries include: “Defining polycrisis – from crisis pictures to the crisis matrix” (24 June 2022) “Calibrating the polycrisis – with the help of the International Bank of Settlements” (26 June 2022) “Polycrisis – Thinking on the Tightrope” (29 October 2022) “Haiti
Ian Bremmer argues that the world faces three major crises—pandemics, climate change, and disruptive technologies (AI, lethal autonomous weapons, cyberwarfare, and biotechnology)—but our ability to respond effectively is hampered by broken American politics and the worsening rivalry between the United States and China. The three crises, however, present an opportunity and the necessary impetus for
The Power of Crisis: How Three Threats – And Our Response – Will Change the World Read More »
The report provides an overview of several catastrophic risks that are potentially global in scope: weapons of mass destruction, pandemics, artificial intelligence, asteroids, climate change, super-volcanic eruptions, ecological collapse, population growth, and climate tipping points. For each risk, it explores the key factors that affect the risk levels and the extant governance frameworks that address
Global Catastrophic Risks 2022: A Year of Colliding Consequences Read More »
Adam Tooze examines the impacts of the covid-19 pandemic on finance and business, highlighting just how unprepared and vulnerable economic systems were to the crisis. He highlights the ways in which institutional failures, political interests, economic policies, and geopolitics interacted with the pandemic to shape its impacts. Characterizing the situation as a polycrisis, he applies
Shutdown: How Covid Shook the World’s Economy Read More »
