knowledgesm

Global Affairs Session 18 20 April 2026 END OF GLOBALIZATION & IMPACT ON INDIA From prosperity and interdependence to protectionism, rivalry and fractured supply chains Globalization promised freer movement of goods, capital, ideas and people, along with prosperity and stability. It expanded trade, investment and India’s economic opportunities, but unequal gains, China’s manufacturing rise, political backlash, geopolitical rivalry and protectionist policies have pushed the system into reverse.

Global Affairs Session 17 17 April 2026 DEADLY PETRO-IMPERIALISM OF USA Oil power, Big Oil and the politics of intervention This session examines the argument that American power in oil-rich regions is shaped by petro-imperialism: the use of political, economic and military influence to secure energy interests. It connects fossil-fuel dependence, global oil reserves, Big Oil’s influence over United States politics and the consumer cost of military escalation, while invoking Smedley Butler’s warning about war and business.