Rolando Cordera Campos: Old and new worlds: at the edge of the mountains

In the opinion of Fred Block, a political economist at the University of California and a renowned scholar of Karl Polanyi, Keynes saw a system of interconnected national capitalism as desirable for the Second World War, aimed at achieving at least a minimum of economic security. The world did not move in that direction, but in accordance with the conception that the United States conceived as the best route for a global system that was just beginning to be established; a somewhat slow globalization was imposed that coexisted with various forms of protectionism and state interventionism.

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