“the political trilemma of the world economy

Rodrik writes:

• “….economic globalisation, political democracy, and the nation-state are mutually irreconcilable. We can have at the most two at one time. Democracy is compatible with national sovereignty only if we restrict globalisation. If we push for globalisation while retaining the nation-state, we must jettison democracy. And if we want democracy along with globalisation, we must shove the nation-state aside and strive for greater international governance.”