The End of Exceptionalism: National Market Liberalism's Rise Branko Milanovic's concept of national market liberalism has been making waves in economic circles, but its implications extend far beyond the confines of globalization.
This new era represents a fundamental shift away from free market ideals that have defined the post WWII global order. Powerful nations are increasingly prioritizing mercantilism and nationalism over liberalization.
The ascendance of national market liberalism reflects the changing nature of economic power in the world.