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Consequences
The Rise of a Fractured World Order

William W. Priest (Author), David Roche (Author), Alex Michailoff (Author)

9781394339372, Wiley

Hardback, published 11 September 2025

208 pages
23.1 x 15.8 x 1.8 cm, 0.386 kg

An engrossing and practical discussion of how to deal with contemporary challenges to democracy and civilization.

In Consequences: The Rise of a Fractured World Order, William Priest, David Roche, and Alex Michailoff deliver an engaging, timely, and insightful analysis of identifying the sources and challenges facing liberal democracies and their ability to confront autocracies and autocratic behavior. The authors identify and address structural flaws present in both democracies and autocracies.

The book explains why the creation and distribution of wealth matters in creating nations where democracy can flourish, and the populace at large can win. Strategies for the creation of wealth (broadly defined) and its equitable distribution combined with the democratic tools that voters, investors, and citizens have available make it more likely those strategies can be deployed. You'll also find:

  • Detailed and accurate discussions of the end of the liberal world order, post-cold war historical shifts, and the challenges that lie ahead.
  • Explorations of the threat to democracy posed by populist politics and philosophies.
  • An analysis of the likelihood of contemporary political actors to reform our economics and politics, and the steps we can take if they fail to do so

A startlingly original and eye-opening read for executives, investors, policymakers, and regulators, Consequences is an essential resource for everyone interested in the interplay between politics, economics, and long-term investment outcomes.

PREFACE IX

ABOUT THE AUTHORS XIII

ACKNOWLEDGMENTS XV

CHAPTER ONE EXTERNAL CHALLENGES 1

CHAPTER TWO INTERNAL DEMOCRATIC DECAY 29

CHAPTER THREE POPULISM 43

CHAPTER FOUR SOCIAL MEDIA AND THE NETWORK EFFECT 61

CHAPTER FIVE THE AI OF IT ALL 81

CHAPTER SIX LIVING IN THE GRAYZONE 101

CHAPTER SEVEN THE NOT SO MIGHTY GREENBACK 121

CHAPTER EIGHT IMMIGRATION 133

CHAPTER NINE THE HEART OF THE MATTER 143

CHAPTER TEN THE LAST CHAPTER 151

NOTES 165

INDEX 179

Subject Areas: Economics [KC]

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