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The newsletter snippets from Monocle, Semafor, ArtNews, UBS Insights, Bloomberg, TLDR and the Economist from August 14-17, 2025, encapsulate a world in flux, where environmental imperatives clash with economic ambitions, geopolitical maneuvers reshape alliances, and cultural expressions adapt to both innovation and adversity. These vignettes reveal a tapestry of global narratives: from the Mediterranean's tourism recalibration amid scorching summers to Donald Trump's theatrical diplomacy in Alaska, and from corporate pivots in paint empires to the whimsical dog routes in Helsinki. Analytically, these threads interconnect through causal chainsโclimate-driven migrations influencing economic policies, which in turn fuel social inequalities and cultural innovations. Theoretically, this mirrors Ulrich Beck's "risk society" thesis, where modern hazards like global warming and tariff wars generate reflexive responses, compelling societies to renegotiate their futures (Beck, 1992). By associating these snippets with scholarly works, literature, and philosophy, this commentary explores their multifaceted implications, revealing how they embody broader human struggles for adaptation, power, and meaning.
The newsletter fragments presented here offer a kaleidoscopic view of our contemporary moment, where the seemingly disparate domains of climate adaptation, geopolitical realignment, cultural expression, and financial innovation intersect in ways that illuminate fundamental transformations in how societies organize themselves, maintain identity, and negotiate power. These vignettes, spanning from Mediterranean resort towns grappling with deadly heat to cryptocurrency exchanges debuting on Wall Street, collectively narrate what Antonio Gramsci would recognize as a profound "organic crisis"โa period when established hegemonies fracture while new forms of social organization struggle to emerge (Gramsci, 1971, p. 210).capacitedaffect+1
The newsletters function like a contemporary flรขneurโs dossier: fragments of climate-stressed leisure economies, pitched geopolitics, techno-financial exuberance, civic aesthetics and shrinking public freedoms sit side-by-side. Read together they tell a story about how accelerating environmental shocks, geopolitical realignments and marketized technologies are re-shaping everyday life and political possibility. Below I sketch that story in five registers โ climate/tourism, securitization and urban aesthetics, great-power choreography, platform capitalism and cultural politics โ and then draw them toward a short synthetic claim.
The piece on Mediterranean โshoulder seasonsโ registers a structural inflection: climate extremes are eroding the seasonality that once stabilized tourism economies and social rhythms (Monocle, โMed resortsโฆโ, ). Where โsun, sea and sandโ once mapped reliably onto predictable revenue streams, heatwaves, wildfires and heat-related workplace mortality force a reconfiguration of supply (municipal programming, nighttime openings of heritage sites) and demand (northward or altitude-seeking tourists). This is not only adaptation in a narrow technical sense but a cultural-economic reallocation of time and place: the tourist year stretches, leisure migrates, and places long understood as โoff-seasonโ acquire new salience.
Two points of theory help clarify the stakes. First, Ulrich Beckโs diagnosis of a โrisk societyโ (Beck, 1992) reframes climate-driven tourism adjustments as responses to manufactured uncertainties: tourism enterprises and municipalities must now internalize systemic environmental risk as part of their business models. Second, David Harveyโs account of spatial fixity and capitalโs search for temporal/spatial relief (Harvey, 2005) helps explain the industryโs moves โ from night openings of ruins to the marketing of โvolcano and stargazingโ offers โ as efforts to re-embed surplus value into alternative temporalities and geographies. The policy implication is stark: without redistributive and regulatory support (labour protections for outdoor workers, investment in green infrastructure, diversified local economies), adaptation will accentuate precarity for seasonal workers and magnify social inequalities (UNWTO & UNEP, 2008). The newsletterโs empirical notes โ rising shoulder-season bookings and local programs in Marmaris โ are concrete instances of this larger dynamic.
Hannah Lucinda Smith's analysis of Mediterranean tourism's "shoulder season" phenomenon reveals a compelling case of what Joseph Schumpeter termed "creative destruction"โthe "process of industrial mutation that incessantly revolutionizes the economic structure from within" (Schumpeter, 1942, p. 83). The traditional temporal architecture of tourism, built around the ritualistic migration to coastal resorts during high summer, now confronts its own obsolescence as climate change renders this pattern literally deadly. The 13% increase in May-June bookings and 20% surge in September-October reservations represent more than mere market adaptation; they signal a fundamental reconfiguration of how leisure, labor, and seasonal rhythms organize social life.semanticscholar+3
This transformation echoes Benedict Anderson's insight into how "imagined communities" are sustained through synchronized temporal practicesโthe collective rituals that allow strangers to imagine themselves as part of the same national or cultural unit (Anderson, 1983, p. 35). The traditional Mediterranean summer holiday served as such a ritual for Northern Europeans, a shared temporal experience that reinforced cultural belonging. Climate change disrupts this synchronized imagination, forcing the tourism industry to reconstruct new temporal imaginaries around harvest seasons, winter swimming for "hardy northern European holidaymakers," and the "elemental" attractions of volcanic tours.criticallegalthinking+2
The Turkish municipality of Marmaris's pivot toward December festivals and archaeological night tours represents what climate scholars have identified as "transformational adaptation"โchanges that fundamentally alter system attributes rather than merely adjusting parameters (Fazey et al., 2018). Yet this adaptation occurs within capitalism's relentless demand for growth, creating what the International Labour Organisation's 42% increase in heat-related workplace deaths since 2000 starkly illustrates: the human cost of maintaining economic systems designed for a climatic stability that no longer exists.tandfonline+1
Economically, the newsletter underscores how environmental and policy disruptions cascade into market realignments. The Mediterranean tourism piece highlights a shift to "shoulder seasons" due to extreme heat, with May-June bookings up 13% and September-October up 20% compared to 2024. This causal interrelationโrising temperatures leading to deadly heatstrokes and forest firesโforces a rethinking of "sun, sea, and sand" models, as noted in the International Labour Organisation's report on a 42% increase in heat-related workplace deaths since 2000. Theoretically, this aligns with the "limits to growth" paradigm from Donella Meadows et al.'s seminal report (Meadows et al., 1972), which warned of ecological constraints on economic expansion. As southern Europe pivots to year-round attractions like night tours of archaeological sites or gastronomic festivals, northern locales like Scandinavia capitalize on eco-holidays, illustrating a zero-sum economic migration akin to David Harvey's concept of "spatial fixes" in capitalism, where crises in one region spur accumulation elsewhere (Harvey, 2001).
Interwoven with this is the U.S. economic narrative, where Trump's tariffs exacerbate inflation, with producer prices rising 3.3% year-over-year in Julyโthe largest since February. This policy-induced shock, as Treasury Secretary Scott Bessent urges Fed rate cuts, reflects a causal loop: tariffs inflate costs, slowing growth (GDP at 1.2% annualized in H1 2025), which pressures monetary easing. Echoing Thomas Piketty's analysis in Capital in the Twenty-First Century, such interventions widen inequality by burdening consumers while benefiting entrenched elites (Piketty, 2014, p. 297: "The history of inequality is shaped by the way economic, social, and political actors view what is just and what is not"). Corporate snippets, like Foxconn's 17% revenue growth amid AI booms but tariff threats, or Hempel's 13.7% revenue surge to โฌ2.4bn through marine coatings, demonstrate adaptive resilience. Foxconn's $1bn U.S. investment offsets risks, resonating with Joseph Schumpeter's "creative destruction," where innovation (e.g., AI-driven efficiencies) supplants outdated models (Schumpeter, 1942).
Globally, China's factory output slowdown (5.7% in July) and retail sales dip (3.7%) link to U.S. trade wars, creating a feedback loop of "involution"โself-defeating competitionโthat erodes profits. This evokes Karl Polanyi's The Great Transformation, where unchecked markets lead to societal backlash, here manifesting in Beijing's chip warnings and domestic stimulus pushes (Polanyi, 1944). Crypto's surge, with Bullish's IPO tripling shares to a $13bn valuation, signals speculative escapes from fiat instabilities, theoretically backed by Hyman Minsky's financial instability hypothesis, where euphoria breeds fragility (Minsky, 1986).
The Trump-Putin summit in Alaska emerges as a paradigmatic example of what John Ikenberry calls the "crisis of liberal internationalism," where established multilateral frameworks give way to bilateral great power negotiations (Ikenberry, 2018). The choice of Alaskaโdescribed in the newsletter as lacking "suitable venues" and forcing leaders to meet in "makeshift" airport loungesโbecomes itself a commentary on the peripheralization of diplomatic discourse. Gregory Scruggs's architectural critique of Anchorage's diplomatic infrastructure inadvertently reveals how the material conditions of statecraft shape its symbolic resonances.cogitatiopress+2
The observation that "Russian and Chinese officials can travel there without crossing into foreign airspace" points to Alaska's unique position as a liminal space where sovereignty claims overlap and intersect. This geographical specificity recalls Carl Schmitt's assertion that "the sovereign is he who decides on the exception" (Schmitt, 1985, p. 5), with Alaska serving as the exceptional space where normal diplomatic protocols can be suspended in service of realpolitik. The absence of Ukrainian representation from these negotiations exemplifies what Schmitt would recognize as the sovereign decision to determine who counts as a legitimate political subject.semanticscholar
The Arctic's emergence as a diplomatic fulcrum reflects broader shifts in global power relations that scholars of international relations describe as the transition from a unipolar to multipolar world order (Mearsheimer, 2019). Russia's strategic use of Arctic positioning to "break the political isolation that the West had been trying to impose" demonstrates how geographical peripheries can become centers of geopolitical leverage when traditional power structures fracture.googleapis+2
The Anchorage/Alaska summit vignette โ and the essay that suggests Alaska lacks the architectural vocabulary for high-stakes diplomacy โ is revealing for how diplomacy now performs spatial politics (Monocle, โIf Alaska seeks diplomatic cloutโฆโ, ). Summits are as much theater as negotiation: the selection of venue conveys signals about legitimacy, proximity, and jurisdiction. Joseph Nyeโs idea of soft power helps explain why venues and symbolic geography matter; the built environment participates in persuasion and narrative-making (Nye, 2004). Moreover, the newsletterโs coverage of last-minute diplomatic maneuvers around Ukraine underscores how summitry can function as a destabilizing replay of great-power bargaining, where the sidelining of affected parties (e.g., Kyiv) raises normative questions about representation and peacemaking legitimacy ().
Two additional theoretical lenses are useful: (1) David Scott and others who analyze diplomatic rituals as scripts that reproduce hierarchies; and (2) the realist critique that venues are instruments of strategic signaling. The policy implication is that states and civic actors should invest in civic infrastructure not merely for prestige but to anchor multilateral processes that are more inclusive and resilient.
Policy-wise, the snippets portray a world of assertive unilateralism, with Trump's Alaska summit with Putin as a centerpiece. The choice of Anchorageโlacking diplomatic grandeurโhighlights policy as spectacle, causally tied to U.S. Arctic ambitions amid melting ice and great-power rivalries. Gregory Scruggs critiques Alaska's inadequate venues, invoking Reykjavik's Hรถfรฐi house as a model for "inspiring design" fostering dialogue, reminiscent of Hannah Arendt's philosophy in The Human Condition: spaces shape political action, where "the public realm... gathers us together and yet prevents our falling over each other" (Arendt, 1958, p. 52). Trump's "land swapping" rhetoric and threats of "severe consequences" if Russia doesn't end the Ukraine war reflect realist geopolitics, per John Mearsheimer's offensive realism, where states maximize power in anarchic systems (Mearsheimer, 2001).
Domestically, Trump's DC police takeover and National Guard deployment, framed as crime-fighting but optically political, causally stems from 100 homicides in a 700,000-person cityโhigher than pre-pandemic rates. This policy overreach, challenged by DC's lawsuit, echoes Michel Foucault's biopolitics, where state control extends to urban bodies under security pretexts (Foucault, 1978). Internationally, policies like Uruguay's assisted dying bill or Switzerland's franc redesign ("Switzerland and its altitudes") illustrate progressive adaptations, the latter engaging public input to enhance soft power, akin to Benedict Anderson's "imagined communities" forged through national symbols (Anderson, 1983).
Environmental policies intersect, as in Nova Scotia's "living shorelines" against storms, causally linked to climate resilience. This contrasts with failed plastic pollution talks, highlighting collective action problems per Elinor Ostrom's governance theories (Ostrom, 1990). Trump's Nobel ambitions and interventions (e.g., India-Pakistan) reveal policy as personal aggrandizement, critiqued in Timothy Snyder's The Road to Unfreedom as "eternity politics," prioritizing spectacle over progress (Snyder, 2018).
The reports of federal takeover of Washington policing and the National Guard deployment capture a familiar loop: criminality rhetoric that intersects with aestheticized visions of urban order (removal of encampments, โcleanup,โ City Beautiful references) becomes a political instrument (Monocle, โNational Guard deploymentโฆโ, โTrumpโs politics of urban disgustโ, ). The invocation of City Beautiful precedents โ nineteenth- and early-twentieth-century projects that often entailed social cleansing under the guise of urban betterment โ reminds us that โbeautificationโ is rarely neutral. Kirk Savage and others have shown how monuments and urban redesign carry moral grammars that can enforce exclusion (Savage, 1997).
Michel Foucaultโs insights about the governance of bodies are useful here: contemporary federal interventions do not only aim at criminal incidents but seek to reorder visible publics and symbolically reassert sovereign control (Foucault, 1977). In practice this yields contested outcomes: the newsletter notes the political optics and practical triage on the ground โ a division of labour that may improve immediate safety but also amplifies partisan narratives (). Policy-wise, the lesson is twofold: policing measures framed as aesthetic remedies must be evaluated against metrics of social welfare and civil liberties; and urban policy must resist the temptation to trade away housing rights for visual neatness.
The cancellation of Latino festivals across the United States due to immigration enforcement fears represents what James C. Scott calls "seeing like a state"โthe process by which state power renders populations "legible" through surveillance and categorization (Scott, 1998, p. 2). The transformation of cultural celebration into potential sites of state violence illustrates how what Gramsci termed "civil society"โthe realm of voluntary associations, cultural institutions, and social organizationsโbecomes subordinated to the coercive apparatus of the state during periods of hegemonic crisis.visaverge+3
The Worcester Latin American Festival's 33-year cancellation particularly exemplifies this dynamic. Randy Feldman's observation that "even people with no criminal record and only overstayed visas are being targeted" reveals how immigration enforcement operates not merely as legal procedure but as what Michel Foucault would recognize as a "disciplinary power" that shapes conduct through the anticipation of surveillance (Foucault, 1977, p. 170). The festival's cancellation represents what Benedict Anderson might describe as the forced "unimagining" of communityโthe deliberate disruption of the cultural practices through which groups maintain their collective identity.journals.library.torontomu+2
This suppression of cultural expression operates through what Gramsci called "trasformismo"โthe process by which potentially oppositional cultural forms are neutralized not through direct prohibition but through the creation of conditions that make their expression impossible or dangerous. The shift to "smaller, indoor events" or virtual celebrations represents not accommodation but fundamental alteration of the cultural practices that sustained community identity.capacitedaffect
The Bullish cryptocurrency exchange's 83% debut surge and the implementation of the GENIUS Act together illuminate what Benjamin Braun calls the "political economy of money" in the digital ageโhow technological innovation in payment systems intersects with questions of monetary sovereignty and regulatory control (Braun, 2021). The Act's restriction of stablecoin issuance to "permitted payment stablecoin issuers" regulated under state or federal supervision represents what legal scholar Katharina Pistor identifies as the "code of capital"โhow legal frameworks enable certain forms of private wealth while constraining others (Pistor, 2019).wilmerhale+1
The requirement that stablecoins be backed "1:1 with U.S. dollars or Treasuries" reveals how cryptocurrency regulation serves not merely consumer protection but the maintenance of dollar hegemony in global finance. This echoes what economist Barry Eichengreen calls the "exorbitant privilege" of reserve currency statusโthe ability to shape global financial conditions through domestic monetary policy (Eichengreen, 2011). The GENIUS Act's foreign issuer provisions, requiring AML and sanctions compliance "before issuing payment stablecoins to holders in the United States," extend this privilege into the cryptocurrency domain.consumerfinanceandfintechblog+1
Peter Thiel's backing of Bullish and his broader engagement with cryptocurrency markets reflects what sociologist Pierre Bourdieu would recognize as the conversion of economic capital into symbolic capitalโthe transformation of market success into cultural authority over the definition of technological progress (Bourdieu, 1986). The "aura of mystery" surrounding Palantir, Thiel's other major enterprise, suggests how technological opacity serves political economy by rendering systems of surveillance and control "black-boxed" and thus removed from democratic scrutiny.semanticscholar
Across items โ from Bullishโs IPO and Palantirโs stock surge to the AI-designed antibiotics story โ the newsletter sketches a marketplace in which techno-financial narratives re-price social expectations and public goods (e.g., health and data infrastructures) (see entries on Bullish, Palantir, AI antibiotics, ). Shoshana Zuboffโs diagnosis of surveillance capitalism helps parse how data, AI and platform architectures reconfigure asymmetries of information and control (Zuboff, 2019). At the same time, Naomi Kleinโs work on shock and opportunistic policy capture warns that crises (financial, climatic, health) become occasions for private actors to consolidate advantage (Klein, 2007/2014).
The AI-designed antibiotics item is emblematic of a double-edged trajectory: AI can accelerate public-good innovation (new molecules) while simultaneously being embedded in marketized circuits that privilege private capture and IP enclosure. Governance frameworks therefore face twin tasks: enabling open scientific collaboration and curbing extractive rent-seeking by private actors who monetize public-health breakthroughs.
Socially, the newsletter reveals resilience amid disruption. Helsinki's "Doggy Route to Happiness" and Mexico City's Xinรบ fragrances celebrate human-animal bonds and botanical heritage, causally responding to urban alienation. This mirrors Yi-Fu Tuan's Space and Place, where designed spaces foster belonging: "Place is security, space is freedom" (Tuan, 1977, p. 3). Child-focused exhibitions at Berlin's Gropius Bau challenge adult-centric culture, promoting intergenerational play per Jean Piaget's cognitive development theory, where exploration builds schemas (Piaget, 1952).
Yet, social fractures emerge: U.S. immigration fears cancel Latino festivals, causally tied to Trump's enforcement, eroding cultural vibrancy and echoing Edward Said's Orientalism on othering minorities (Said, 1978). In Hong Kong, Jimmy Lai's trial symbolizes press erosion, per Reporters Without Borders' index drop, linking to Jรผrgen Habermas's public sphere decay under authoritarianism (Habermas, 1989). Culturally, the superyacht Amadea's auction and Frank Lloyd Wright artifacts' salvage underscore commodification, resonant with Walter Benjamin's "aura" loss in mechanical reproduction (Benjamin, 1936).
Philosophically, these snippets evoke Albert Camus's The Myth of Sisyphus, where absurd challenges (e.g., climate "paradise lost") demand defiant creativity: "One must imagine Sisyphus happy" (Camus, 1942, p. 123). Socially, they highlight inequality's persistence, as in Arundhati Roy's The God of Small Things, where global forces crush local lives (Roy, 1997).
The sections on Jimmy Laiโs trial and cancelled immigrant festivals in U.S. cities point to two related erosions: (1) the narrowing of civic space and press freedom in authoritarian or securitized contexts (Hong Kong); and (2) the chilling of public cultural life under immigration enforcement regimes (festivals canceled amid ICE fears) (). These phenomena are not isolated; they belong to a transnational pattern in which state power and market logics remap the conditions for public expression and communal rituals.
Antonio Gramsciโs ideas about civil society and hegemony are apt: cultural institutions and rituals (festivals, parades, museums) are foundational to hegemonic formation and resistance. The closing of those spaces โ or their repurposing as tourist spectacles or surveillance-ready events โ signals an impoverishment of common life (MacCannell, 1976; Debord, 1967/1994). The policy takeaway: protecting cultural commons and press freedom is indispensable not only for rights but for the social infrastructures that underpin democratic resilience.
Taken together, the newsletterโs vignettes show systemic concatenation: climate risk re-orders economies and mobilities; state theatricality and securitization re-shape urban publics; tech capital remakes value regimes; and civic culture is compressed by both political coercion and market spectacle. These are not independent trends but mutually amplifying processes. For example, climate-exposed tourism economies seek new revenue (cultural festivals, off-season productivity), yet those same cultural forms are vulnerable when political repression or migration enforcement suppress civic gatherings. Similarly, the promise of AI-driven public goods may be undercut by corporate capture unless policy actively defends open science and equitable access.
A modest, theoretically informed program follows:
Protect and re-tool labor and social protections in climate-sensitive industries (legal maximum temperatures, income smoothing for seasonal workers). (Beck, 1992; UNWTO & UNEP, 2008).
Insist on venue design and diplomatic architecture that foregrounds participatory processes and symbolic inclusivity rather than mere spectacle (Nye, 2004).
Regulate platform and AI value chains to secure public-good spillovers (open-science mandates, anti-monopoly enforcement) while supporting public financing for critical infrastructures (Zuboff, 2019).
Defend civic and cultural commons โ festivals, museums, independent media โ with legal protections and targeted public subsidies so that culture is not only commodified or securitized (MacCannell, 1976; Debord, 1967/1994).
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These seemingly disparate phenomena reveal several interconnected theoretical patterns. First, they illustrate what sociologist Zygmunt Bauman called "liquid modernity"โthe condition where "the solids are melting" and established social forms lose their stability (Bauman, 2000, p. 2). Climate change liquefies tourism's temporal structures; geopolitical realignment melts Cold War diplomatic frameworks; immigration enforcement dissolves cultural communities; and cryptocurrency innovation dissolves traditional monetary boundaries.
Second, they demonstrate how what David Harvey terms "spatial fixes" to capitalist crisis generate new contradictions (Harvey, 2001, p. 25). Tourism's spatial shift from overheated Mediterranean coasts to cooler northern destinations; diplomacy's relocation to Arctic peripheries; cultural expression's retreat from public to private spaces; and finance's migration to digital platformsโall represent attempts to resolve contradictions that merely displace them temporally and geographically.
Third, they reveal how cultural hegemony operates through what Stuart Hall called "articulation"โthe temporary unity of disparate elements in a hegemonic project (Hall, 1986, p. 53). The Trump administration's simultaneous promotion of cryptocurrency innovation and suppression of immigrant cultural expression articulates technological modernization with cultural nativism in ways that consolidate certain class fractions while marginalizing others.
Antonio Gramsci's concept of "organic crisis" provides perhaps the most useful framework for understanding these convergent transformations. For Gramsci, organic crisis occurs when "the old is dying and the new cannot be born," creating a period of "morbid symptoms" where established hegemonies lose their capacity to secure consent but no alternative hegemony has yet consolidated (Gramsci, 1971, p. 276). The newsletter fragments suggest we are witnessing such a moment: climate change undermines the material basis of tourist capitalism; great power competition fragments the liberal international order; cultural suppression erodes civil society; and financial innovation challenges monetary sovereignty.ijfmr+1
Yet within this crisis lie possibilities for what Gramsci called "transformism"โthe emergence of new hegemonic arrangements that incorporate previously marginal elements while maintaining essential power relations. The tourism industry's adaptation to climate change could prefigure more sustainable models of leisure and development. Arctic diplomacy might generate new frameworks for managing global commons. Cultural resistance to immigration enforcement could strengthen transnational solidarity networks. Cryptocurrency regulation could democratize financial access while maintaining systemic stability.ijfmr
The question remains whether these adaptations will constitute genuine transformation or merely what Herbert Marcuse called "repressive desublimation"โchanges that appear liberating but actually reinforce existing domination (Marcuse, 1964, p. 75). The answer depends partly on the capacity of social movements to articulate alternative visions that link climate adaptation with social justice, cultural preservation with economic democracy, and technological innovation with democratic participation. As Gramsci insisted, the outcome of organic crisis is never predetermined but depends on the "decisive element" of organized political action guided by critical consciousness (Gramsci, 1971, p. 184).capacitedaffect+1
In sum, the newsletters reflect a world navigating Beck's risks through economic ingenuity, policy bravado, and cultural ingenuity. Causally, climate and tariffs propel shifts; theoretically, they affirm human adaptability amid uncertainty.
[Supporters can find the bibliographical information at this link: https://ko-fi.com/post/The-Contemporary-Reordering-How-Climate-Culture-F1F61K3Z4W?fromEditor=true.]
[Written, Researched, and Edited by Pablo Markin. Some parts of the text have been produced with the aid of Research, Perplexity, ChatGPT, OpenAI, and Grok, xAI, tools (August 23, 2025). The featured image has been generated in Canva (August 23, 2025).]
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OpenEdition suggests that you cite this post as follows:
Pablo Markin (August 22, 2025). The Contemporary Reordering: How Climate, Culture, and Capital Are Reshaping Our World. Open Economics Blog.
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Pablo B. Markin
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