Imagined Future Scenarios
Policy and Regulation, Plausible Futures, Long Term (5 - 10 years)
Scenario Generated from 'Trump Declares Economic War on Just About Everyone That Matters. Is a Smash-Up a Feature and Not a Bug?' - Nakedcapitalism.com
Future Arc and Implications
Grow Arc
Social Impact: Increased access to global markets boosts societal well-being in compliant countries, widening the gap with non-compliant nations.
Technological Impact: Advanced data analytics and monitoring technologies are widely adopted to verify compliance with dynamic standards and trigger carve-outs.
Ecological Impact: Environmental degradation continues as overall consumption increases despite some specific environmental protections through carve-outs.
Economic Impact: Global trade expands, driven by the nuanced and incentivized standards, benefiting countries that can effectively manage the complex criteria.
Political Impact: Geopolitical power shifts towards countries adept at navigating and profiting from the dynamic standards, creating new alliances and rivalries.
Narrative: Global trade flourishes under a complex system where growth is selectively accelerated through conditional market access.
Collapse Arc
Social Impact: Widespread distrust and resentment arise as nations manipulate metrics to trigger carve-outs, leading to social unrest and inequality.
Technological Impact: Technical challenges in accurately measuring and enforcing complex criteria lead to systemic failures and manipulation.
Ecological Impact: Environmental protections weaken as nations prioritize short-term economic gains, abusing the loophole-ridden system.
Economic Impact: Global trade system collapses due to rampant exploitation of carve-outs and the erosion of trust, leading to economic instability.
Political Impact: The WTO loses legitimacy as countries engage in trade wars and protectionist measures outside the established framework.
Narrative: The global trade system implodes under its own weight, triggered by widespread exploitation and manipulation of complex standards.
Discipline Arc
Social Impact: Strict monitoring and enforcement of complex criteria lead to pervasive surveillance and potential violations of privacy and human rights.
Technological Impact: Sophisticated AI-driven systems are deployed to ensure compliance, potentially automating decision-making and reducing national autonomy.
Ecological Impact: Environmental protection improves in carefully monitored sectors, but overall ecological health may suffer from the rigidity of the system.
Economic Impact: Global trade is tightly managed through a complex web of regulations, potentially hindering innovation and favoring established players.
Political Impact: A new international bureaucratic structure emerges, consolidating significant power over global trade and national policies.
Narrative: A highly regulated global trade system emerges, prioritizing compliance and controlled progress over rapid growth and national autonomy.
Transform Arc
Social Impact: Increased awareness and focus on social justice and environmental sustainability lead to a new global consciousness and ethical trade practices.
Technological Impact: Blockchain and decentralized technologies enable transparent and verifiable tracking of compliance, fostering trust and accountability.
Ecological Impact: Sustainable practices are incentivized, leading to significant ecological restoration and a shift towards a circular economy.
Economic Impact: A more equitable global trade system emerges, prioritizing sustainable development and the well-being of all nations over pure economic growth.
Political Impact: The WTO evolves into a facilitator of collaboration and shared responsibility, empowering nations to address global challenges collectively.
Narrative: Global trade transforms into a force for good, driven by a new ethical framework, technological transparency, and a shared commitment to sustainability.