Hey y'all this is Monica. This is the second highlight reel of my three-part

conversation with Ian Davis on the Multipolar World Order. Enjoy. Multilateralism, really what it means is just many different, more nations having a saying decision-making.

So you might think that, for example, so you could say that the G20 is more

multilateral than the G7 because, you know, obviously there are 20 nations making but contributing to the decision making

multi-polar is a slightly different concept because that really is a slightly different concept because that really is about breaking the

the world up into blocks. So if you look at the G20 example, there are five groups in the G20.

So the groups, I think two, two, or groups two, three, four and five are broadly split in geographical terms, but groups one and two are

split in more kind of what I guess you might call aligned political and economic interests.

Yeah, they're like the bulge bracket, regional hegemon.

Yeah, yeah, so you got the bulge bracket one and two and then you've got then you've got

geographical split in the other three groups.

So, you can almost think of that as like a corporate hierarchy where you have kind of a

division head and then the divisions that report to them. course they don't think of it that way but yeah so I mean so what you could so the way of thinking about that is the G20 overall if all of those countries are equally participating in

decision-making is more multilateral than the G7 but the G20 is more

multi-polar than the G7 because the G7 is just one group whereas in the G20 you've got four or five distinct groups.

And one thing that I did get out of this, I think it was an Olaf Schultz comments that he made maybe at the

World Economic Forum thing, something like that. I don't have the actual quote but I have

what my impression was of it that it was also folded in, whereas the multilateral thing or the previous paradigm was more focused on nation

states as being the dominant entity of control whereas, and this is very world economic forum,

it moves towards a sort of stakeholder concept which in your, I one of the things that you said was

basically the nation state one the oligarchs or the G7 one the oligarchs had

influence whereas with the G20 they more have control and I feel like they fold into that with the World Economic Forum

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