THE CRISIS OF LIBERAL GLOBALISATION

FROM THE 2007 CRASH TO THE WAR IN UKRAINE. A HETERODOX MATERIALIST ANALYSIS

Abstract

The aim of this article is to analyse the most relevant historical elements that explain the crisis of hegemony of liberal globalisation, from the 2007 Crash to the war in Ukraine - leaving in suspense what symbolic effects the latter will have - via the WTO blockade, the US-China trade war, the Viral Pandemic and the US withdrawal from Afghanistan. Our critical materialist and eclectic approach is based on international political economy as a sub-discipline of International Relations and aims to incorporate both Gramscian and autonomist - post-labourist - elements, without neglecting the Anglo-Saxon and Latin American socio-historical structuralist perspective. The working hypothesis is based on the idea that the return of nation-state sovereignty to the detriment of the multilateral organisations that manage globalisation is a transitory but historical phenomenon, an interregnum characterised by indefiniteness, uncertainty, fear and "monsters", for example, populist Caesarism or the war in Ukraine. This character of indefinite, non-hegemonic transience is explained by the decaying character of the historical structure of liberal globalisation in its three components: material forces, institutions and ideas.