Abstract
The process of creating independent international entities in order to preserve the international liberal order is facing increased backlash as deteriorating confidence in democratic structures emerges. One problem is that these institutions supposedly accumulate more and more power over time in order to maintain and develop their function. This poses a substantial threat to liberalism as confidence and trust in democracy eases. This paper highlights the most important failures of globalization and weighs in the concept of glocalization as a possibility to increase wealth through competition enhancement and to contain the threat of emerging socialism across the globe.
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