The driving force behind deglobalisation is the decrease in the size of United States destroyers in terms of the available numbers to patrol global shipping lanes and protect international shipping not just for the United States and its allies but also for non-aligned nations, including Russia and China.
As of writing, the United States has 150 destroyers and 11 supercarriers, insufficient to protect the global oceans. Its leading American allies, such as the Japanese, began a rearmament programme to protect their national interests.
As globalisation breaks down because the USA is no longer interested in maintaining a globalised international economy, the US allies will begin rearming themselves and pursuing a more independent foreign policy strategy.
The United States does not need globalisation even though it will lead to higher living costs and inflation as it brings its industries and manufacturing back to America.
Furthermore, the United States is a continental economy, meaning unlike smaller nations that have fewer resources, the United States doesn’t need globalisation.
Why America Created Globalisation
Unlike the British Empire during the age of the Pax Britannica from 1815 to 1914, the British pursued a free trade policy and the development of the first version of globalisation to enrich the English economy and expand its influence globally.
The British needed its empire to become wealthy by trading in foreign markets within the imperial system that the British and other imperial powers created in the 18th, 19th, and early 20th centuries.
Furthermore, Britain is an island nation much smaller than its neighbouring European rivals and tiny compared to the United States. For the British to be a relevant power and successful, it relied on international trade and shipping.
The United States never needed globalisation and only created globalisation as we know it; the end of World War II in 1945 was to buy an alliance and win the Cold War against the Soviet Union, which lasted from 1945 to 1989 and the final collapse of the Soviet system in 1990.
With the end of the Cold War, the United States’ incentive to maintain globalisation is fading, and the growing disinterest of the United States since 1992 is leading to a deglobalisation of the international world order.