This chapter written by Prof. Alojzy Nowak brings to the book the perspective of a trained economist in relation to the proposals of this book for a radical reform of the contemporary geopolitical order by institution of a supranational World authority with enforcement powers. It is shown how the dramatic globalisation of all aspects of economic affairs in the past 25 years has occurred within the premises of the market fundamentalism of the Washington Consensus which has promoted a largely unregulated form of globalisation of trade and international flows of funds. The “casino capitalism” which this encouraged exploded with drastic consequences for the whole of the world economy in the Financial Crisis of 2008. But in the absence of any truly effective global regulation to curb the kinds of excesses that led to the Financial Crisis, the vacuum has been filled by nationalist populisms and assorted protectionism of which Trump’s trade policies are an egregious example. Given the relative impotence of the nation state as an economic policy maker in a globalised world economy (as already argued in Chap. 2 ), this is an unfortunate and retrograde step economically speaking. The globalisation of the world economy has brought great benefits albeit unevenly, and what is now needed rather than manifold nationalist protectionisms is an effective supranational approach to regulation of the world economy which can only come about through a supranational World Authority such as has been argued for in this book.