French economist Thomas Piketty believes the current unease in Washington stems from the United States’ diminishing global control. He expresses confidence that the world is moving towards a multipolar order, characterized by a more balanced distribution of power. This shift will be largely driven by increased pressure from the “sur global” – the Global South – and a rise in democratic forces. Piketty suggests this transition is not merely economic but also reflects a fundamental change in the global landscape. He anticipates a future where no single nation dominates, fostering a more collaborative and diverse international system. The economist’s assessment highlights a potential decline in US hegemony and the growing influence of emerging economies. This new world order, according to Piketty, could be a positive development, promoting greater democracy and equity.

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