“Globalization is the caliphate of the financial markets.” —Andrés Rábago, El País Andrés Rábago’s quote is rather perfect. Here is Wikipedia’s definition of the Muslim Caliphate: Conceptually, a caliphate represents a sovereign state of the entire Muslim faithful, (the Ummah), ruled by a caliph under Islamic law (sharia). Globalization being the universal rule of the […]