Philosopher-Kings and Bankers
in Theoria
Globalism makes news every day, yet world trade is hardly greater today than 30 years ago; it is the movement of capital that is far greater now, thanks to technology. The irresistible force for one world is not the United Nations, ever an arena for the contest of national interests, but money, particularly the United States dollar, which is an unofficial world currency, often with more influence than U.S. foreign policy. One of the results of monetary globalism is to make national reserve and international banks all the more important.
