Meaning of Politics - Globalization, Ideologies, and Local Realities

Explore the fundamental challenges facing modern political systems in this 50-minute conference talk from the World Economic Forum Annual Meeting 2026. Examine the critical tension governments face between economic efficiency and strategic autonomy, and how these choices increasingly disrupt citizens' daily lives. Analyze how political ideologies are crossing borders while losing connection to local realities, and investigate whether the globalization of politics has caused political systems to lose sight of their core purpose. Learn from expert speakers Jeffry A. Frieden, Arlie Russell Hochschild, Arancha Gonzalez Laya, Daniel Diermeier, and Mina Al-Oraibi as they discuss what constitutes a successful political system in today's interconnected world. Gain insights into the fundamental principles that drive trust in political institutions, including transparency, consistency, and accountability, while considering how global political trends impact local governance and democratic processes.