Navigating a Post-Globalized World ft. Rana Faroohar (Ep. 17)

In this episode of the Great Tech Game podcast, Anirudh Suri welcomes Rana Faroohar, the Global Business Columnist and Associate Editor at the Financial Times and CNN's Global Economic Analyst. Rana discusses the major themes of her three books, which cover the intersection of politics, economics, and technology over the last several decades. She shares her perspective on how the global economy has evolved and the shifts in political and economic power across continents. The conversation dives into the impact of globalization, the concentration of power in finance and tech sectors, and the future of industrial policies. A key focus is on the evolving U.S.-China economic dynamics and the need for nations to adapt their strategies amidst rapid technological changes, Rana's insights on practical advice for policymakers and book recommendations for further reading on these subjects. Chapters 01:45 Introducing Rana Faroohar: A Foremost Thinker 02:04 Rana's Career and Accomplishments 03:46 Diving into Rana's Books and Worldview 08:13 From Finance to Tech: Shifts in Power 08:50 Homecoming: A Post-Neoliberal World 12:55 Globalization and Its Discontents 18:51 The Two Americas: Inequality Within Nations 24:04 Challenges in the Global Economy 28:03 The Future of Globalization and Technology 32:20 One World, Two Systems: A Bipolar Future 33:04 US Industrial Policies and China's Economic Strategy 33:59 The Role of Government in Industrial Strategy 36:18 Comparing US and Chinese Economic Models 39:25 Antitrust Efforts and Big Tech 43:11 Historical Parallels: US-Japan Economic Battle 51:24 Manufacturing Renaissance in the US 57:27 Balancing Power: Capital vs. Labor 01:00:50 Advice for Policymakers and Final Thoughts Book Links: Anirudh Suri: The Great Tech Game by Anirudh Suri : https://amzn.eu/d/1Su38My Rana Faroohar - **Makers and Takers: The Rise of Finance and the Fall of American Business:** https://www.amazon.in/Makers-Takers-Rana-Foroohar/dp/0553447238 - **Homecoming: The Path to Prosperity in a Post-Global World:** https://www.amazon.in/Homecoming-Path-Prosperity-Post-Global-World/dp/0593240537 - **Don't Be Evil: How Big Tech Betrayed Its Founding Principles -- and All of Us:** https://amzn.in/d/01VKMd4o Follow Anirudh here: X (formerly Twitter): https://x.com/anirudhsuri Linkedin: https://www.linkedin.com/in/anirudhsuri/ Instagram: https://www.instagram.com/anirudh_suri Facebook: https://www.facebook.com/AnirudhSuri.in Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) #TechEconomy, #Globalization, #Geopolitics, #Economics, #USChinaRelations, #ManufacturingRenaissance, #SupplyChains, #Financialization, #DigitalTransformation, #IndustrialPolicy, #ClimateChange, #LaborRights, #EconomicInequality, #BigTech, #Regulation, #AIRevolution, #Decentralization, #HistoricalAnalysis, #PolicyMaking, #GlobalAffairs