"international lawyers, who tend to focus on formal, legalised processes and institutions, will often fail to perceive the evolution of the global capitalist system and its legal order."
Today, @wanshucong.bsky.social explains how significant parts of the global economy have long been governed through informal, political arrangements.
The marginalization of international law under the second Trump administration has been a shock to the post-Cold War world order. Yet the impact of this development on the global economy has been far…
